Pioneer Bank
Headquartered in MAPLETON, MN. Analysis based on 63 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $30.9M.
Total 7(a) loans
63
Total approved
$30.9M
Average loan
$491K
States funded in
6
Charge-off rate
1.82%
FY2020–FY2023 cohort
Paid-in-full rate
30.91%
Average rate
6.21%
Average term
113 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 6 |
| 311920 | Coffee and Tea Manufacturing | 5 |
| 333415 | Air-Conditioning and Warm Air Heating Equipment and Commercial and Ind | 3 |
| 312120 | Breweries | 3 |
| 484110 | General Freight Trucking, Local | 3 |
| 423930 | Recyclable Material Merchant Wholesalers | 2 |
| 236118 | Residential Remodelers | 2 |
| 448150 | Clothing Accessories Stores | 2 |
| 722330 | Mobile Food Services | 2 |
| 713990 | All Other Amusement and Recreation Industries | 2 |
Top 10 states
| State | Loans |
|---|---|
| MN | 51 |
| VA | 5 |
| NM | 4 |
| TX | 1 |
| NV | 1 |
| IA | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.