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SBA 7(a) record
Granite Bank: SBA 7(a) loans made
Granite Bank, a bank based in Cold Spring, MN, made 43 SBA 7(a) loans in the 36 months ending September 30, 2026, $11.3M in all, net of cancelled approvals. The typical loan was about $150K, and 6 were in the last 12 months. Most were in Minnesota.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 43
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $11.3M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $150K
- SBA FOIA,
- Largest loan
- $1.4M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 6
- SBA FOIA,
Cite this
Source: The Lender Report, Granite Bank: SBA 7(a) loans made, https://lender.report/lender/granite-bank-mn/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | Minnesota | SBA 7(a), Siding Contractors | $100K | 8.75% | 4 yr | SBA FOIA | |
| Sep 2026 | Minnesota | SBA 7(a), Caterers | $50K | 7.75% | 10 yr | SBA FOIA | |
| Mar 2026 | Ohio | SBA 7(a), Insurance Agencies and Brokerages | $250K | 7% | 10 yr | SBA FOIA | |
| Feb 2026 | Minnesota | SBA 7(a), Sporting and Athletic Goods Manufacturing | $950K | 8.25% | 10 yr | SBA FOIA | |
| Feb 2026 | Minnesota | SBA 7(a), Manufacturing | $120K | 7.25% | 5 yr | SBA FOIA | |
| Dec 2025 | Minnesota | SBA 7(a), Custom Computer Programming Services | $350K | 7.5% | 10 yr | SBA FOIA | |
| Sep 2025 | Minnesota | SBA 7(a), Accommodation and Food Services | $75K | 8.5% | 3 yr | SBA FOIA | |
| Aug 2025 | Minnesota | SBA 7(a), Manufacturing | $550K | 7.25% | 10 yr | SBA FOIA | |
| Aug 2025 | Minnesota | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $20K | 10.5% | 7 yr | SBA FOIA | |
| Jul 2025 | Minnesota | SBA 7(a), Boat Dealers | $500K | 8% | 10 yr | SBA FOIA | |
| Mar 2025 | Minnesota | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $210K | 9.5% | 6 yr | SBA FOIA | |
| Feb 2025 | Minnesota | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $200K | 7.5% | 6 yr | SBA FOIA | |
| Feb 2025 | Minnesota | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $140K | 10% | 4 yr | SBA FOIA | |
| Feb 2025 | Minnesota | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $100K | 10.5% | 4 yr | SBA FOIA | |
| Feb 2025 | Minnesota | SBA 7(a), Offices of Mental Health Practitioners (except Physicians) | $50K | 9% | 7 yr | SBA FOIA | |
| Jan 2025 | Minnesota | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $85K | 8% | 5 yr | SBA FOIA | |
| Jan 2025 | Minnesota | SBA 7(a), Full-Service Restaurants | $50K | 7.25% | 7 yr | SBA FOIA | |
| Dec 2024 | Minnesota | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $100K | 10% | 4 yr | SBA FOIA | |
| Nov 2024 | Minnesota | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $120K | 10% | 6 yr | SBA FOIA | |
| Oct 2024 | Minnesota | SBA 7(a), Child Care Services | $410K | 10% | 10 yr | SBA FOIA | |
| Aug 2024 | Georgia | SBA 7(a), All Other Amusement and Recreation Industries | $500K | 8% | 10 yr | SBA FOIA | |
| Aug 2024 | Minnesota | SBA 7(a), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | $50K | 9.5% | 10 yr | SBA FOIA | |
| Jul 2024 | Minnesota | SBA 7(a), Offices of Real Estate Agents and Brokers | $500K | 8.5% | 10 yr | SBA FOIA | |
| Jul 2024 | Minnesota | SBA 7(a), Manufacturing | $25K | 10.5% | 10 yr | SBA FOIA | |
| Jun 2024 | Minnesota | SBA 7(a), All Other Miscellaneous Ambulatory Health Care Services | $400K | 9.5% | 10 yr | SBA FOIA | |
| 43 SBA 7(a) loans since October 2023, net of cancelled | $11.3M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Minnesota | 38 | $9.87M |
| Georgia | 1 | $500K |
| North Carolina | 1 | $250K |
| North Dakota | 1 | $180K |
| Ohio | 1 | $250K |
| Texas | 1 | $250K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 21 | $1.51M |
| $150K to $350K | 10 | $2.16M |
| $350K to $1M | 11 | $6.23M |
| $1M to $2.5M | 1 | $1.40M |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 6 | $2.76M |
| 2024 Q1 | 8 | $1.87M |
| 2024 Q2 | 5 | $1.16M |
| 2024 Q3 | 4 | $1.07M |
| 2024 Q4 | 3 | $630K |
| 2025 Q1 | 7 | $835K |
| 2025 Q3 | 4 | $1.15M |
| 2025 Q4 | 1 | $350K |
| 2026 Q1 | 3 | $1.32M |
| 2026 Q3 | 2 | $150K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Specialized Freight (except Used Goods) Trucking, Local (484220) | 10 |
| All Other Amusement and Recreation Industries (713990) | 3 |
| General Automotive Repair (811111) | 2 |
| Manufacturing | 2 |
| Residential Remodelers (236118) | 2 |
| Site Preparation Contractors (238910) | 2 |
| Accommodation and Food Services | 1 |
| All Other Miscellaneous Ambulatory Health Care Services (621999) | 1 |
| Architectural Services (541310) | 1 |
| Boat Dealers (441222) | 1 |
| Caterers (722320) | 1 |
| Child Care Services (624410) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| SBA Express Program | 28 |
| 7a General | 11 |
| Preferred Lenders Program | 4 |
- Granite Bank made 43 SBA 7(a) loans totaling $11.3M in the 36 months ending September 30, 2026, net of cancelled approvals, in 6 states. SBA FOIA,
- 6 of them were in the 12 months to September 30, 2026, and 14 in the 12 months before. SBA FOIA,
- The typical loan was about $150K, with the middle half between $58K and $400K. SBA FOIA,
- The largest was about $1.4M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 21 loans were under $150K, and 1 was $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.50% on 43 loans, with the middle half between 8.00% and 10.50%. SBA FOIA,
- The median term was 7 years. SBA FOIA,
- Its loans went most often to Specialized Freight (except Used Goods) Trucking, Local, with 10. SBA FOIA,
- The SBA file lists 28 of its loans as processed under SBA Express Program. SBA FOIA,
- Its loans were most often in Minnesota (38), Georgia (1) and North Carolina (1). SBA FOIA,
What we don't know
- Whether Granite Bank is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.