Pioneer Bank approved 19 SBA loans worth $13.9M between October 2021 and June 2026, ranking #915 of 2,283 SBA lenders nationally by loan count. Its median loan was $375,000, and 37% went to startups or businesses under two years old. It lent in 1 states, most often in Minnesota, and its most financed industry was manufacturing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Minnesota | 19 | $13.9M | $375,000 | #65 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 7 | $302,000 | |
| Wholesale trade | 4 | $450,000 | |
| Restaurants and hotels | 2 | $312,500 | |
| Other services (repair, personal care) | 2 | $52,500 | |
| Arts, entertainment and recreation | 1 | $93,800 | |
| Construction | 1 | $375,000 | |
| Retail | 1 | $400,000 | |
| Transportation and warehousing | 1 | $1,170,000 |