Frandsen Bank & Trust
Frandsen Bank & Trust is a full-service community banking, trust and investment services organization with offices located throughout Minnesota, Wisconsin, and North Dakota. The bank is owned by Frandsen Financial Corporation, a $3 billion interstate holding company, and operates across more than 30 communities providing customized financial solutions.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by Frandsen Bank & Trust unless otherwise indicated.
No Reviews Yet
Be the first to share your experience! Reviews help other buyers make informed decisions.
Data source: SBA 7(a) FOIA loan-level data, covering activity through March 31, 2026 across the trailing 3 years (46 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Frandsen Bank & Trust ranks #133 of 585 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Frandsen Bank & Trust’s 7(a) acquisition lending falls in the $0-$500K range: 20 loans, 43.5% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 20 | 43.5% | |
| $500K-$1M | 17 | 37.0% | |
| $1M-$2M | 6 | 13.0% | |
| $2M-$3M | 3 | 6.5% |
Industries with highest loan volume
Limited-Service Restaurants
9
loans
$688K
avg. amount
General Automotive Repair
4
loans
$111K
avg. amount
Local Messengers and Local Delivery
3
loans
$2.2M
avg. amount
Offices of Chiropractors
3
loans
$155K
avg. amount
Electrical Contractors and Other Wiring Installation Contractors
3
loans
$427K
avg. amount
Other Residential Care Facilities
2
loans
$1.0M
avg. amount
All Other Amusement and Recreation Industries
2
loans
$903K
avg. amount
Full-Service Restaurants
2
loans
$978K
avg. amount
Private Mail Centers
2
loans
$445K
avg. amount
All Other Personal Services
1
loans
$219K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Frandsen Bank & Trust’s median variable rate is + 2.50%, against a market median of Prime + 2.00%, 50 above market.
1 of the 46 loans in its trailing three-year book carried a fixed rate; the rest were variable.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.42% |
| $500K-$1M | Prime + 2.03% |
| $1M-$2M | Prime + 2.29% |
| $2M-$3M | Prime + 2.75% |
over at time of loan origination
Frandsen Bank & Trust has originated 7(a) acquisition loans in 2 states, most actively in Minnesota (44) and Wisconsin (2). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Minnesota | 44 | 95.7% |
| Wisconsin | 2 | 4.3% |
Claim this profile to manage your information, respond to reviews, and access analytics.