Frandsen Bank and Trust: SBA loans in this registry
23companies
23loans
$31.4Mtotal approved
$1.4Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Arden Hills, MN
- FDIC certificate number
- 1399
- Total assets
- $3.7 billion (as of June 30, 2026)
- Established
- 1901
- Offices
- 40
- Website
- frandsenbank.com
- Acquisition loans (7(a))
- 17 loans, $17.2M total, $1.0M average
- Expansion loans (504, SBA portion)
- 6 loans, $14.2M total, $2.4M average
- Approval dates
- Dec 23, 2023 to Sep 8, 2026
- Typical term (median)
- acquisition loans: 10 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 8.75% to 11.25%, median 9.75%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Child Care Services: 3 loans
- Limited-Service Restaurants: 2 loans
- Janitorial Services: 1 loan
- Hardware Retailers: 1 loan
- Automotive Parts and Accessories Retailers: 1 loan
Top states
Largest deals
- Mark's Farms, Inc., Mapleton, MN: $4,850,000 (504 SBA portion, Jan 2, 2025)
- Kmkt LLC, Mankato, MN: $2,973,000 (504 SBA portion, Jul 18, 2025)
- Today's Life Eagan L.L.C., Eagan, MN: $2,306,000 (504 SBA portion, Dec 22, 2025)
- Stonebrook Fence, Lakeville, MN: $1,781,000 (7(a) acquisition, Jun 3, 2024)
- Ttek Assemblies Inc., Barnum, MN: $1,726,000 (7(a) acquisition, Apr 17, 2024)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.