Falcon National Bank: SBA loans in this registry
32companies
35loans
$40.2Mtotal approved
$1.1Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Foley, MN
- FDIC certificate number
- 57603
- Total assets
- $872.3 million (as of June 30, 2026)
- Established
- 2003
- Offices
- 6
- Website
- www.falconnational.com
- Acquisition loans (7(a))
- 33 loans, $36.1M total, $1.1M average
- Expansion loans (504, SBA portion)
- 2 loans, $4.2M total, $2.1M average
- Approval dates
- Oct 6, 2023 to Aug 11, 2026
- Typical term (median)
- acquisition loans: 10 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 7.25% to 10.75%, median 9.50%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Couriers and Express Delivery Services: 21 loans
- Beer, Wine, and Liquor Retailers: 4 loans
- Other Building Material Dealers: 2 loans
- General Automotive Repair: 1 loan
- Electrical Contractors and Other Wiring Installation Contractors: 1 loan
Top states
- Minnesota: 14 loans
- Pennsylvania: 11 loans
- Texas: 5 loans
- California: 1 loan
- Missouri: 1 loan
Largest deals
- Kanaan Express Inc, Bridgeport, PA: $2,551,600 (7(a) acquisition, Nov 14, 2025)
- Jam Hops Gymnastics Factory, Inc., Ramsey, MN: $2,426,000 (504 SBA portion, Jan 31, 2024)
- Gold Medal Delivery Service, Inc., Augusta, GA: $2,104,000 (7(a) acquisition, Nov 19, 2025)
- MBA Logistics Inc, Brainerd, MN: $1,944,700 (7(a) acquisition, Oct 10, 2024)
- VB & VB Express Inc, North Wales, PA: $1,865,300 (7(a) acquisition, Jul 10, 2025)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
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