Frandsen Bank and Trust
Headquartered in Arden Hills, MN. Analysis based on 306 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $169.2M.
Total 7(a) loans
306
Total approved
$169.2M
Average loan
$553K
States funded in
3
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
29.08%
Average rate
7.83%
Average term
146 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 12 |
| 722513 | Limited-Service Restaurants | 10 |
| 238210 | Electrical Contractors | 8 |
| 812310 | Coin-Operated Laundries and Drycleaners | 8 |
| 621310 | Offices of Chiropractors | 7 |
| 811111 | General Automotive Repair | 7 |
| 238990 | All Other Specialty Trade Contractors | 6 |
| 621210 | Offices of Dentists | 5 |
| 238110 | Poured Concrete Foundation and Structure Contractors | 5 |
| 811192 | Car Washes | 4 |
Top 10 states
| State | Loans |
|---|---|
| MN | 263 |
| WI | 33 |
| ND | 10 |
Top franchise brands financed
30 franchise loans across 19 distinct brands.
| Franchise | Loans |
|---|---|
| Jersey Mike's | 6 |
| H&R Block - Franchise License | 3 |
| Spavia | 2 |
| Scooter's Coffee | 2 |
| Mosquito Shield | 2 |
| AlphaGraphics | 2 |
| Toppers Pizza | 1 |
| Conquer Ninja | 1 |
| Hardware Hank | 1 |
| U.S. Oil (BP) Retailer Supply | 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.