Sherburne State Bank approved 10 SBA loans worth $2.0M between October 2021 and June 2026, ranking #1198 of 2,283 SBA lenders nationally by loan count. Its median loan was $194,500, and 50% went to startups or businesses under two years old. It lent in 1 states, most often in Minnesota, and its most financed industry was administrative and support services.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Minnesota | 10 | $2.0M | $194,500 | #101 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Administrative and support services | 2 | $258,000 | |
| Construction | 2 | $272,500 | |
| Arts, entertainment and recreation | 1 | $108,000 | |
| Education | 1 | $43,000 | |
| Finance and insurance | 1 | $54,000 | |
| Other services (repair, personal care) | 1 | $189,000 | |
| Retail | 1 | $15,000 | |
| Wholesale trade | 1 | $509,100 |