21st Century Bank: SBA loans in this registry
9companies
9loans
$17.9Mtotal approved
$2.0Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Loretto, MN
- FDIC certificate number
- 9751
- Total assets
- $894.8 million (as of June 30, 2026)
- Established
- 1917
- Offices
- 8
- Website
- www.21stcb.com
- Acquisition loans (7(a))
- 3 loans, $5.3M total, $1.8M average
- Expansion loans (504, SBA portion)
- 6 loans, $12.6M total, $2.1M average
- Approval dates
- Oct 30, 2023 to Dec 2, 2025
- Typical term (median)
- acquisition loans: 11 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 9% to 10%, median 9.25%
- Rate type (7(a))
- 33% variable, 67% fixed
Top industries
- Assisted Living Facilities for the Elderly: 1 loan
- Offices of Dentists: 1 loan
- Machine Shops: 1 loan
- Wood Window and Door Manufacturing: 1 loan
- All Other Miscellaneous General Purpose Machinery Manufacturing: 1 loan
Top states
- Minnesota: 9 loans
Largest deals
- MTL Companies, Brooklyn Park, MN: $4,394,000 (504 SBA portion, Oct 30, 2023)
- Woodco Prefinishing, Inc, Blaine, MN: $3,000,000 (7(a) acquisition, May 23, 2025)
- Atlas Villas Memory Care LLC, East Bethel, MN: $2,697,000 (504 SBA portion, Dec 2, 2025)
- Minnesota HMS Properties LLC, Roseville, MN: $1,882,000 (504 SBA portion, Sep 11, 2025)
- Authority Machining LLC, Anoka, MN: $1,294,000 (504 SBA portion, Jul 31, 2025)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Atlas Villas Memory Care LLC | East Bethel, MN | Assisted Living Facilities for the Elderly | Expansion | Dec 2, 2025 | $2.7M |
| Minnesota HMS Properties LLC | Roseville, MN | Offices of Dentists | Expansion | Sep 11, 2025 | $1.9M |
| Authority Machining LLC | Anoka, MN | Machine Shops | Expansion | Jul 31, 2025 | $1.3M |
| Woodco Prefinishing, Inc | Blaine, MN | Wood Window and Door Manufacturing | Acquisition | May 23, 2025 | $3.0M |
| Valve Check, Inc. | White Bear Lake, MN | All Other Miscellaneous General Purpose Machinery Manufacturing | Expansion | Jul 17, 2024 | $1.1M |
| Mike's Dock & Yard Services 2.0, Inc. | Spicer, MN | Landscaping Services | Acquisition | Mar 12, 2024 | $1.3M |
| City Paws Uptown LLC | Minneapolis, MN | Pet Care (except Veterinary) Services | Expansion | Dec 19, 2023 | $1.2M |
| Carol's Calico Kithcen, Inc. | Minneapolis, MN | Full-Service Restaurants | Acquisition | Dec 19, 2023 | $1.0M |
| MTL Companies | Brooklyn Park, MN | General Freight Trucking, Local | Expansion | Oct 30, 2023 | $4.4M |