Highland Bank
Headquartered in St. Paul, MN. Analysis based on 185 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $64.0M.
Total 7(a) loans
185
Total approved
$64.0M
Average loan
$346K
States funded in
4
Charge-off rate
0.75%
FY2020–FY2023 cohort
Paid-in-full rate
43.61%
Average rate
7.61%
Average term
93 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 812112 | Beauty Salons | 10 |
| 332710 | Machine Shops | 9 |
| 541611 | Administrative Management and General Management Consulting Services | 6 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 5 |
| 323111 | Commercial Gravure Printing | 5 |
| 236118 | Residential Remodelers | 5 |
| 524210 | Insurance Agencies and Brokerages | 5 |
| 722511 | Full-Service Restaurants | 4 |
| 541519 | Other Computer Related Services | 4 |
| 423990 | Other Miscellaneous Durable Goods Merchant Wholesalers | 4 |
Top 10 states
| State | Loans |
|---|---|
| MN | 178 |
| NC | 3 |
| WI | 3 |
| IL | 1 |
Top franchise brands financed
7 franchise loans across 4 distinct brands.
| Franchise | Loans |
|---|---|
| Certified Restoration DryClean | 2 |
| Face Foundrie | 2 |
| Mr. Electric | 2 |
| Real Property Management | 1 |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
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.