Northern State Bank of Virginia: SBA loans in this registry
3companies
4loans
$5.1Mtotal approved
$1.3Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Virginia, MN
- FDIC certificate number
- 19589
- Total assets
- $102.0 million (as of June 30, 2026)
- Established
- 1966
- Offices
- 2
- Website
- www.nsbov.com
- Acquisition loans (7(a))
- 3 loans, $3.6M total, $1.2M average
- Expansion loans (504, SBA portion)
- 1 loan, $1.5M total, $1.5M average
- Approval dates
- Sep 11, 2024 to Aug 4, 2025
- Typical term (median)
- acquisition loans: 10 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 7.5% to 8%, median 7.50%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Couriers and Express Delivery Services: 2 loans
- Tire Dealers: 1 loan
- Other Metal Valve and Pipe Fitting Manufacturing: 1 loan
Top states
- Minnesota: 4 loans
Largest deals
- A+ Auto, Inc., Carlton, MN: $1,538,000 (7(a) acquisition, Aug 4, 2025)
- Charlson Holdings, LLC, Anoka, MN: $1,518,000 (504 SBA portion, Feb 14, 2025)
- Ace Deliveries Inc., Virginia, MN: $1,150,000 (7(a) acquisition, Jul 16, 2025)
- Ace Deliveries Inc., Virginia, MN: $880,800 (7(a) acquisition, Sep 11, 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.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| A+ Auto, Inc. | Carlton, MN | Tire Dealers | Acquisition | Aug 4, 2025 | $1.5M |
| Ace Deliveries Inc. | Virginia, MN | Couriers and Express Delivery Services | Acquisition | Jul 16, 2025 | $2.0M |
| Charlson Holdings, LLC | Anoka, MN | Other Metal Valve and Pipe Fitting Manufacturing | Expansion | Feb 14, 2025 | $1.5M |