21st Century Bank
MN
SBA-approved lender offering 6 loan programs across 10 industries.
Key Metrics
Interest Rate
8.39%
1.64% over prime
Average Loan
$424K
Per approval
Total Approvals
25
FY 2025
Loan Programs (6)
Change of Ownership
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
Loan Funds will Open Business
Industries Served (10)
Automotive Body, Paint, and Interior Repair and MaintenanceDance CompaniesFinish Carpentry ContractorsFraming ContractorsInsurance Agencies and BrokeragesInterior Design ServicesMachine ShopsOffices of ChiropractorsOther Personal Care ServicesWood Window and Door Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.64%
- Effective Rate
- 8.39%
- Fiscal Year
- 2025
- States Served
- MN
- Website
- 21stcb.com
Ready to apply with 21st Century Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.