Falcon National Bank
MN
SBA-approved lender offering 7 loan programs across 12 industries.
Key Metrics
Interest Rate
8.40%
1.65% over prime
Average Loan
$596K
Per approval
Total Approvals
55
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates
Industries Served (12)
All Other Amusement and Recreation IndustriesAll Other Professional, Scientific, and Technical ServicesAll Other Specialty Trade ContractorsCouriersDrinking Places (Alcoholic Beverages)Drywall and Insulation ContractorsFull-Service RestaurantsLandscaping ServicesOther Computer Related ServicesPlumbing, Heating, and Air-Conditioning ContractorsSpecialized Freight (except Used Goods) Trucking, LocalUsed Car Dealers
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.65%
- Effective Rate
- 8.40%
- Fiscal Year
- 2025
- States Served
- MN
- Website
- www.falconnational.com
Ready to apply with Falcon National Bank?
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