21st Century Bank: SBA Lending Activity & Industry Focus
Based on historical SBA 7(a) lending data.
Total Approvals
48
by 21st Century Bank
Total Volume
$18,961,900
approved amount
Median Loan Size
$301,000
per approval
Recent Activity
1
last 90 days through Aug 2025
21st Century Bank is a lender serving Minnesota and Wisconsin lending across 23 different industries. With 48 SBA 7(a) approvals and a typical loan size of $301,000, their lending data provides a detailed picture of where and how they deploy SBA capital.
What you should know
Key insights derived from 21st Century Bank's SBA 7(a) lending history
Local lender: primarily Minnesota
21st Century Bank focuses their SBA lending in 2 states, with 98% in Minnesota. Local lenders often prioritize community relationships and may be easier to work with if you're in their market.
Declining SBA activity
21st Century Bank's SBA lending has slowed recently — 8 approvals in the last 6 months vs. 12 in the prior period (-33%). This could reflect tighter credit standards, strategic shifts, or seasonal variation.
Typical loan: $290,000
21st Century Bank's median SBA loan is $290,000, with the middle 50% between $145,000 and $451,000. They handle a range of loan sizes without strong concentration in any single band.
Smaller SBA program
21st Century Bank has 48 SBA 7(a) approvals. Their smaller volume may mean longer processing times, but could also mean more personalized attention for borrowers.
Diversified: 23 industries served
21st Century Bank lends across 23 different industry sectors with no single industry dominating. This broad experience means they can likely evaluate most business types, though they may not have deep expertise in any specific niche.
Lending trends for 21st Century Bank
Loan size distribution
Based on 172 SBA 7(a) approvals
Summary
Median (50th percentile)
$290,000
25th percentile
$145,000
75th percentile
$451,000
Average
$400,926
Typical range
State-by-state lending activity
| # | State | Approvals |
|---|---|---|
| 1 | Minnesota | 47 |
| 2 | Wisconsin | 1 |
21st Century Bank by industry
Industry focus
Recent SBA 7(a) approvals by 21st Century Bank
| Month | Borrower | Location | Industry | Amount |
|---|---|---|---|---|
| 2025-11 | HiB****nc. | MINNEAPOLIS, MN | Toilet Preparation Manufacturing | $300,000 |
| 2025-11 | HiB****nc. | MINNEAPOLIS, MN | Toilet Preparation Manufacturing | $650,000 |
| 2025-08 | Evo*****LLC | MINNEAPOLIS, MN | Offices of Dentists | $340,000 |
| 2025-07 | Jes*****LLC | MINNEAPOLIS, MN | Offices of Physicians (except Mental Health Specialists) | $100,000 |
| 2025-06 | Aut*****LLC | ANOKA, MN | Machine Shops | $250,000 |
| 2025-05 | Nor*****Inc | ANDOVER, MN | Framing Contractors | $315,000 |
| 2025-04 | Pet*****LLC | ST PETE BEACH, FL | — | $410,000 |
| 2025-04 | CS****nc. | BARNUM, MN | Wineries | $200,000 |
| 2025-03 | HAR***** PA | MINNEAPOLIS, MN | Offices of Chiropractors | $530,000 |
| 2025-03 | Sec*****LLC | MINNEAPOLIS, MN | Insurance Agencies and Brokerages | $100,000 |
| 2025-02 | LHS*****LLC | BLAINE, MN | Interior Design Services | $179,000 |
| 2025-02 | Nor*****Inc | ANDOVER, MN | Finish Carpentry Contractors | $169,700 |
| 2025-01 | MAE*****LLC | ANDOVER, MN | Dance Companies | $100,000 |
| 2025-01 | Joe*****LTD | SAINT FRANCIS, MN | Automotive Body, Paint, and Interior Repair and Maintenance | $765,000 |
| 2025-01 | Ope*****LLC | MINNEAPOLIS, MN | — | $45,000 |
| 2025-01 | DUO*****NC. | MINNEAPOLIS, MN | Full-Service Restaurants | $385,000 |
| 2024-12 | AJM****LLC | VICTORIA, MN | Sports and Recreation Instruction | $100,000 |
| 2024-12 | Kys*****LLC | SAINT PAUL, MN | Supermarkets and Other Grocery (except Convenience) Stores | $250,000 |
| 2024-10 | PLA*****.C. | SANDY SPRINGS, GA | Fitness and Recreational Sports Centers | $450,000 |
| 2024-09 | Giz****LLC | CEDAR, MN | Automotive Body, Paint, and Interior Repair and Maintenance | $50,000 |
| 2024-08 | Min*****.A. | ROSEVILLE, MN | Offices of Chiropractors | $380,000 |
| 2024-06 | Lak*****LLC | DULUTH, MN | Hotels (except Casino Hotels) and Motels | $500,000 |
| 2024-04 | Jen*****nc. | CIRCLE PINES, MN | Insurance Agencies and Brokerages | $150,000 |
| 2024-03 | Wil*****LLC | SAINT PAUL, MN | — | $350,000 |
| 2024-02 | Kic*****nc. | SAINT CLOUD, MN | All Other Specialty Trade Contractors | $540,000 |
| 2024-02 | Kno*****nc. | INVER GROVE HEIGHTS, MN | Construction Sand and Gravel Mining | $150,000 |
| 2024-02 | NOR*****NC. | BURNSVILLE, MN | Computer and Computer Peripheral Equipment and Software Merchant Whole | $200,000 |
| 2024-02 | Met*****LLC | NORWOOD YOUNG AMERICA, MN | General Automotive Repair | $100,000 |
| 2023-12 | CAR*****NC. | MINNEAPOLIS, MN | Full-Service Restaurants | $1,000,000 |
| 2023-12 | Sta*****Inc | HAMEL, MN | Full-Service Restaurants | $250,000 |
| 2023-11 | Ref*****LLC | BURNSVILLE, MN | Beauty Salons | $300,000 |
| 2023-08 | Ty****LLC | SAINT PAUL, MN | All Other Miscellaneous Chemical Product and Preparation Manufacturing | $200,000 |
| 2023-07 | Min*****LLC | MINNEAPOLIS, MN | General Rental Centers | $800,000 |
| 2023-05 | GB *****LLC | SAINT PAUL, MN | Masonry Contractors | $100,000 |
| 2023-05 | Fox*****LLC | SAINT MICHAEL, MN | Golf Courses and Country Clubs | $240,300 |
| 2023-01 | PRO*****NC. | ELK RIVER, MN | Insurance Agencies and Brokerages | $100,000 |
| 2022-11 | Mid*****LLC | MINNEAPOLIS, MN | Industrial Machinery and Equipment Merchant Wholesalers | $250,000 |
| 2022-10 | Che*****LLC | LAKEVILLE, MN | Nursing Care Facilities | $450,000 |
| 2022-10 | AVI*****INC | Brooklyn Center, MN | Other Computer Related Services | $150,000 |
| 2022-09 | EMA*****LLC | ANOKA, MN | Special Die and Tool, Die Set, Jig, and Fixture Manufacturing | $250,000 |
| 2022-07 | Min*****LLC | Blaine, MN | Sports Teams and Clubs | $100,000 |
| 2022-06 | Sin*****nc. | Lino Lakes, MN | Electrical and Electronic Appliance, Television, and Radio Set Merchan | $1,450,000 |
| 2022-04 | BRA*****LLC | Buffalo, MN | Golf Courses and Country Clubs | $333,000 |
| 2022-03 | INT*****LLC | St Paul, MN | Janitorial Services | $225,000 |
| 2022-03 | Fox*****LLC | Saint Michael, MN | Golf Courses and Country Clubs | $325,000 |
| 2022-03 | Hea*****LLC | Lakeville, MN | All Other Amusement and Recreation Industries | $811,000 |
| 2022-03 | Blu*****LLC | MINNEAPOLIS, MN | Private Mail Centers | $237,000 |
| 2022-03 | Kno*****nc. | INVER GROVE HEIGHTS, MN | All Other Specialty Trade Contractors | $222,000 |
| 2022-03 | Lak*****LLC | Blaine, MN | Nursing Care Facilities | $349,000 |
| 2022-03 | Min*****Inc | Roseville, MN | — | $250,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Check your fit with 21st Century Bank
See how well this lender matches your specific business profile.
Check your lender fit