Northern State Bank of Virginia
Northern State Bank of Virginia is a full-service, independently-owned community bank in Virginia, Minnesota that has served the local community since 1966. The bank prides itself on building relationships and providing personalized service with a modern approach to banking done the old-fashioned way.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (4 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Northern State Bank of Virginia ranks #245 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Northern State Bank of Virginia’s 7(a) acquisition lending falls in the $500K-$1M range: 2 loans, 50.0% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $500K-$1M | 2 | 50.0% | |
| $1M-$2M | 2 | 50.0% |
Industries with highest loan volume
Couriers and Express Delivery Services
3
loans
$1.0M
avg. amount
Tire Dealers
1
loans
$1.5M
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Northern State Bank of Virginia’s median variable rate is + 0.25%, against a market median of Prime + 1.88%, 163 below market.
1 of the 4 loans in its trailing three-year book carried a fixed rate; the rest were variable.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $1M-$2M | Prime + 0.25% |
over at time of loan origination
Northern State Bank of Virginia has originated 7(a) acquisition loans in 1 states, most actively in Minnesota (4). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Minnesota | 4 | 100.0% |
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