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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7(a) Acquisition Loan Data As Of June 30, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of June 30, 2026
Median
$402K
Average
$696K
Sweet Spot
$0-$500K
Industries with highest loan volume
Full-Service Restaurants
4
loans
$432K
avg. amount
Full-Service Restaurants
4
loans
$432K
avg
Other Services to Buildings and Dwellings
3
loans
$596K
avg. amount
Other Services to Buildings and Dwellings
3
loans
$596K
avg
Car Washes
3
loans
$1.4M
avg. amount
Car Washes
3
loans
$1.4M
avg
Home Health Care Services
2
loans
$570K
avg. amount
Home Health Care Services
2
loans
$570K
avg
Local Messengers and Local Delivery
1
loans
$350K
avg. amount
Local Messengers and Local Delivery
1
loans
$350K
avg
Snack and Nonalcoholic Beverage Bars
1
loans
$695K
avg. amount
Snack and Nonalcoholic Beverage Bars
1
loans
$695K
avg
Nursing Care Facilities (Skilled Nursing Facilities)
1
loans
$1.9M
avg. amount
Nursing Care Facilities (Skilled Nursing Facilities)
1
loans
$1.9M
avg
Nail Salons
1
loans
$392K
avg. amount
Nail Salons
1
loans
$392K
avg
Limited-Service Restaurants
1
loans
$150K
avg. amount
Limited-Service Restaurants
1
loans
$150K
avg
Sewing, Needlework, and Piece Goods Retailers
1
loans
$995K
avg. amount
Sewing, Needlework, and Piece Goods Retailers
1
loans
$995K
avg
10-Year
6.6%
Percentile Ranking
96th
96th percentile
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.64% |
| $500K-$1M | Prime + 2.44% |
| $1M-$2M | Prime + 2.33% |
| $2M-$3M | Prime + 2.25% |
over at time of loan origination
As Of June 30, 2026 - States by loan volume (darker blue = higher volume)
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