306
Loans Approved
$169.2M
Total Volume
$553K
Avg Loan Size
3
States Served
States Served
Top Industries Financed
- Full-Service Restaurants
- Limited-Service Restaurants
- Electrical Contractors
- Coin-Operated Laundries and Drycleaners
- General Automotive Repair
About Frandsen Bank and Trust
Frandsen Bank and Trust is an SBA-approved lender headquartered in Arden Hills, Minnesota. Since 2020, they have approved 306 SBA 7(a) loans totaling $169.2M, with an average loan size of $553K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 3 states.
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