Aspire Bank approved 21 SBA loans worth $8.0M between October 2021 and June 2026, ranking #876 of 2,283 SBA lenders nationally by loan count. Its median loan was $200,000, and 24% went to startups or businesses under two years old. It lent in 3 states, most often in North Dakota, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| North Dakota | 17 | $7.2M | $200,000 | #13 |
| Indiana | 2 | $218K | $108,900 | #153 |
| Minnesota | 2 | $600K | $300,000 | #203 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 6 | $312,450 | |
| Administrative and support services | 3 | $320,000 | |
| Construction | 3 | $150,000 | |
| Transportation and warehousing | 2 | $108,900 | |
| Professional and technical services | 2 | $212,500 | |
| Agriculture, forestry and fishing | 1 | $50,000 | |
| Other services (repair, personal care) | 1 | $765,000 | |
| Arts, entertainment and recreation | 1 | $75,000 | |
| Restaurants and hotels | 1 | $82,000 | |
| Wholesale trade | 1 | $250,000 |