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Stearns Bank National Association is a Minnesota-based financial institution headquartered in Saint Cloud with approximately $3.55 billion in assets. The bank specializes in commercial lending, SBA loans, USDA financing, and small business equipment financing with locations in Minnesota, Arizona, and Florida. Founded in 1912, it is recognized as one of the nation's highest-performing banks.
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SBA 7(a) Acquisition Loan Data As Of December 31, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of December 31, 2025
Median
$471K
Average
$740K
Sweet Spot
$0-$500K
Industries with highest loan volume
Full-Service Restaurants
3
loans
$445K
avg. amount
Full-Service Restaurants
Loans
3
Avg. Amount
$445K
Car Washes
3
loans
$1.4M
avg. amount
Car Washes
Loans
3
Avg. Amount
$1.4M
Other Services to Buildings and Dwellings
3
loans
$567K
avg. amount
Other Services to Buildings and Dwellings
Loans
3
Avg. Amount
$567K
Home Health Care Services
2
loans
$570K
avg. amount
Home Health Care Services
Loans
2
Avg. Amount
$570K
Snack and Nonalcoholic Beverage Bars
1
loans
$695K
avg. amount
Snack and Nonalcoholic Beverage Bars
Loans
1
Avg. Amount
$695K
Offices of Physical, Occupational and Speech Therapists, and Audiologists
1
loans
$927K
avg. amount
Offices of Physical, Occupational and Speech Therapists, and Audiologists
Loans
1
Avg. Amount
$927K
Nail Salons
1
loans
$392K
avg. amount
Nail Salons
Loans
1
Avg. Amount
$392K
Couriers and Express Delivery Services
1
loans
$535K
avg. amount
Couriers and Express Delivery Services
Loans
1
Avg. Amount
$535K
Nursing Care Facilities (Skilled Nursing Facilities)
1
loans
$1.9M
avg. amount
Nursing Care Facilities (Skilled Nursing Facilities)
Loans
1
Avg. Amount
$1.9M
Offices of Real Estate Appraisers
1
loans
$1.6M
avg. amount
Offices of Real Estate Appraisers
Loans
1
Avg. Amount
$1.6M
10-Year Default Rate
6.2%
Percentile Ranking
96th
96th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.56% |
| $500K-$1M | Prime + 2.44% |
| $1M-$2M | Prime + 2.33% |
| $2M-$3M | Prime + 2.25% |
Spread over Prime at time of loan origination
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)