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SBA 7(a) record
Highland Bank: SBA 7(a) loans made
Highland Bank, a bank based in Saint Paul, MN, made 60 SBA 7(a) loans in the 36 months ending September 30, 2026, $20.3M in all, net of cancelled approvals. The typical loan was about $150K, and 18 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
- 60
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $20.3M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $150K
- SBA FOIA,
- Largest loan
- $5M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 18
- SBA FOIA,
Cite this
Source: The Lender Report, Highland Bank: SBA 7(a) loans made, https://lender.report/lender/highland-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), Manufacturing | $270K | 8.25% | 10 yr | SBA FOIA | |
| Sep 2026 | Minnesota | SBA 7(a), Manufacturing | $100K | 8.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Minnesota | SBA 7(a), Offices of Mental Health Practitioners (except Physicians) | $250K | 8.5% | 25 yr | SBA FOIA | |
| May 2026 | Minnesota | SBA 7(a), Marketing Consulting Services | $40K | 8.75% | 10 yr | SBA FOIA | |
| Apr 2026 | Minnesota | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $40K | 9.25% | 10 yr | SBA FOIA | |
| Apr 2026 | Minnesota | SBA 7(a), Clothing and Clothing Accessories Retailers | $35K | 8.75% | 10 yr | SBA FOIA | |
| Jan 2026 | Minnesota | SBA 7(a), Manufacturing | $1.2M | 8.75% | 10 yr | SBA FOIA | |
| Jan 2026 | Minnesota | SBA 7(a), Offices of Dentists | $200K | 8.75% | 10 yr | SBA FOIA | |
| Jan 2026 | Minnesota | SBA 7(a), All Other Industrial Machinery Manufacturing | $150K | 9.25% | 10 yr | SBA FOIA | |
| Jan 2026 | Minnesota | SBA 7(a), Architectural Services | $100K | 8.25% | 10 yr | SBA FOIA | |
| Jan 2026 | Minnesota | SBA 7(a), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | $60K | 8.75% | 10 yr | SBA FOIA | |
| Jan 2026 | Minnesota | SBA 7(a), Manufacturing | $50K | 8.75% | 10 yr | SBA FOIA | |
| Jan 2026 | Minnesota | SBA 7(a), Residential Remodelers | $25K | 9.25% | 10 yr | SBA FOIA | |
| Jan 2026 | Wisconsin | SBA 7(a), Other Grocery and Related Products Merchant Wholesalers | $14K | 7.5% | 3 yr | SBA FOIA | |
| Dec 2025 | North Carolina | SBA 7(a), Beauty Salons | $540K | 9% | 7 yr | SBA FOIA | |
| Dec 2025 | North Carolina | SBA 7(a), Beauty Salons | $120K | 9.25% | 10 yr | SBA FOIA | |
| Dec 2025 | Minnesota | SBA 7(a), Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers | $25K | 9.5% | 10 yr | SBA FOIA | |
| Dec 2025 | Minnesota | SBA 7(a), Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers | $20K | 9.5% | 3 yr | SBA FOIA | |
| Sep 2025 | Minnesota | SBA 7(a), Offices of Real Estate Agents and Brokers | $100K | 8.5% | 10 yr | SBA FOIA | |
| Aug 2025 | Minnesota | SBA 7(a), Drycleaning and Laundry Services (except Coin-Operated) | $100K | 10% | 10 yr | SBA FOIA | |
| Jun 2025 | Minnesota | SBA 7(a), Electrical Contractors and Other Wiring Installation Contractors | $270K | 8% | 10 yr | SBA FOIA | |
| Jun 2025 | Minnesota | SBA 7(a), Electrical Contractors and Other Wiring Installation Contractors | $100K | 9% | 10 yr | SBA FOIA | |
| May 2025 | Minnesota | SBA 7(a), Beauty Salons | $50K | 10% | 5 yr | SBA FOIA | |
| May 2025 | Minnesota | SBA 7(a), Beauty Salons | $30K | 10% | 10 yr | SBA FOIA | |
| Apr 2025 | Minnesota | SBA 7(a), Residential Remodelers | $100K | 9.5% | 10 yr | SBA FOIA | |
| 60 SBA 7(a) loans since October 2023, net of cancelled | $20.3M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Minnesota | 56 | $14.6M |
| North Carolina | 2 | $660K |
| Illinois | 1 | $5.00M |
| Wisconsin | 1 | $14.0K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 29 | $1.88M |
| $150K to $350K | 12 | $2.63M |
| $350K to $1M | 16 | $8.61M |
| $1M to $2.5M | 2 | $2.20M |
| $2.5M or more | 1 | $5.00M |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 3 | $910K |
| 2024 Q1 | 7 | $2.34M |
| 2024 Q2 | 9 | $2.16M |
| 2024 Q3 | 6 | $1.96M |
| 2024 Q4 | 1 | $280K |
| 2025 Q1 | 9 | $8.68M |
| 2025 Q2 | 5 | $550K |
| 2025 Q3 | 2 | $200K |
| 2025 Q4 | 4 | $705K |
| 2026 Q1 | 8 | $1.80M |
| 2026 Q2 | 4 | $365K |
| 2026 Q3 | 2 | $370K |
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 |
|---|---|
| Beauty Salons (812112) | 5 |
| Manufacturing | 4 |
| Indoor and Outdoor Display Advertising (541850) | 3 |
| Residential Remodelers (236118) | 3 |
| Agriculture, Forestry, Fishing and Hunting | 2 |
| All Other Miscellaneous Retailers (459999) | 2 |
| Commercial and Institutional Building Construction (236220) | 2 |
| Commercial Printing (except Screen and Books) (323111) | 2 |
| Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers (423610) | 2 |
| Electrical Contractors and Other Wiring Installation Contractors (238210) | 2 |
| Full-Service Restaurants (722511) | 2 |
| Insurance Agencies and Brokerages (524210) | 2 |
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 | 36 |
| Preferred Lenders Program | 19 |
| 7a General | 5 |
- Highland Bank made 60 SBA 7(a) loans totaling $20.3M in the 36 months ending September 30, 2026, net of cancelled approvals, in 4 states. SBA FOIA,
- 18 of them were in the 12 months to September 30, 2026, and 17 in the 12 months before. SBA FOIA,
- The typical loan was about $150K, with the middle half between $60K and $500K. SBA FOIA,
- The largest was about $5M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 29 loans were under $150K, and 3 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.25% on 60 loans, with the middle half between 8.75% and 10.00%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to Beauty Salons, with 5. SBA FOIA,
- The SBA file lists 36 of its loans as processed under SBA Express Program. SBA FOIA,
- Its loans were most often in Minnesota (56), North Carolina (2) and Illinois (1). SBA FOIA,
What we don't know
- Whether Highland 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.