Welcome State Bank

Welcome, MN7(a) lenderNo approvals since FY2023Top sector: Other Animal Food Manufacturing
Is this my lender?
Loans approved
61
FY1994–FY2023
Dollars approved
$6.6M
$1.3M since FY2021
Average loan
$109K
$163K recently
Charge-off rate
0.0%
by dollars · 0.0% by count

Approvals over time

Loading the series…

What they lend against

Loan count by NAICS industry, whole record. Each row opens that industry’s profile, where this lender is ranked against everyone else writing it.

Where they lend

Share is of this lender’s entire book, so the 2 states shown need not sum to 100%. Together they account for 100% of its lending.

At a glance

Rank by recent volume#1463 of 2321
First approvalFY1994
Latest approvalFY2023
States lent into2

What they charge

Too few recent 7(a) loans to quote a rate. Rates cluster on round numbers, so a median off a handful of loans reads as precise and is not.

Program mix

7(a) · 100% (61)504 · 0% (0)

Split by loan count.

7(a) $6.6M504 $0

Loss rate in context

This lender0.0%
Both programs, all lenders4.6%

Charged-off dollars over dollars approved. By loan count this lender is at 0.0%; the two measures diverge when a book is weighted toward small loans.

For banks

See how your book compares with Welcome State Bank in any market.

Benchmark against this lender →