Falcon National Bank
Falcon National Bank is a community-focused financial institution founded in 2003 that provides comprehensive banking services including personal, business, and mortgage lending. The bank operates six locations across Minnesota and specializes in SBA lending, equipment financing, and treasury management services.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (35 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Falcon National Bank ranks #64 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Falcon National Bank’s 7(a) acquisition lending falls in the $500K-$1M range: 14 loans, 40.0% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 8 | 22.9% | |
| $500K-$1M | 14 | 40.0% | |
| $1M-$2M | 11 | 31.4% | |
| $2M-$3M | 2 | 5.7% |
Industries with highest loan volume
Couriers and Express Delivery Services
16
loans
$1.3M
avg. amount
Beer, Wine, and Liquor Retailers
5
loans
$646K
avg. amount
Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers
2
loans
$325K
avg. amount
All Other Specialty Trade Contractors
1
loans
$336K
avg. amount
Other Building Material Dealers
1
loans
$909K
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
1
loans
$359K
avg. amount
Electrical Contractors and Other Wiring Installation Contractors
1
loans
$1.4M
avg. amount
Drinking Places (Alcoholic Beverages)
1
loans
$467K
avg. amount
All Other Personal Services
1
loans
$322K
avg. amount
Drycleaning and Laundry Services (except Coin-Operated)
1
loans
$212K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Falcon National Bank’s median variable rate is + 2.00%, against a market median of Prime + 1.88%, 13 above market.
It priced below the market median in 1 of the last 4 quarters.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.25% |
| $500K-$1M | Prime + 1.84% |
| $1M-$2M | Prime + 1.73% |
| $2M-$3M | Prime + 2.38% |
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q4 '23 | Prime + 2.00% | Prime + 2.00% | Prime + 1.42% – Prime + 2.50% | 4 |
| Q2 '24 | Prime + 2.13% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 4 |
| Q3 '25 | Prime + 1.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 4 |
| Q1 '26 | Prime + 2.00% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 6 |
Falcon National Bank has originated 7(a) acquisition loans in 7 states, most actively in Minnesota (18), Pennsylvania (7) and Texas (5). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Minnesota | 18 | 51.4% |
| Pennsylvania | 7 | 20.0% |
| Texas | 5 | 14.3% |
| Massachusetts | 2 | 5.7% |
| Georgia | 1 | 2.9% |
| Oklahoma | 1 | 2.9% |
| Missouri | 1 | 2.9% |
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