Falcon National Bank
Headquartered in FOLEY, MN. Analysis based on 284 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $187.2M.
Total 7(a) loans
284
Total approved
$187.2M
Average loan
$659K
States funded in
20
Charge-off rate
2.40%
FY2020–FY2023 cohort
Paid-in-full rate
36.53%
Average rate
7.70%
Average term
143 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 492110 | Couriers | 41 |
| 561730 | Landscaping Services | 17 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 15 |
| 484110 | General Freight Trucking, Local | 9 |
| 722511 | Full-Service Restaurants | 7 |
| 722513 | Limited-Service Restaurants | 7 |
| 713940 | Fitness and Recreational Sports Centers | 7 |
| 562998 | All Other Miscellaneous Waste Management Services | 6 |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 6 |
| 713990 | All Other Amusement and Recreation Industries | 5 |
Top 10 states
| State | Loans |
|---|---|
| MN | 214 |
| PA | 13 |
| TX | 11 |
| AZ | 9 |
| GA | 8 |
| MA | 4 |
| OK | 4 |
| IA | 3 |
| TN | 3 |
| DE | 3 |
Top franchise brands financed
19 franchise loans across 9 distinct brands.
| Franchise | Loans |
|---|---|
| Roto-Rooter | 5 |
| Gina Maria's Pizza | 4 |
| AKT | 3 |
| Hardware Hank | 2 |
| Once Upon A Child | 1 |
| School of Rock | 1 |
| Sir Speedy | 1 |
| MGM Wine & Spirits | 1 |
| iSmash | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.