{"citation":"Stearns Bank SBA loans in Minnesota. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/sba-express-lenders/stearns-bank/minnesota/ Source: SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/sba-express-lenders/stearns-bank/minnesota/","title":"Stearns Bank SBA loans in Minnesota","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"}],"data":{"window":{"id":"all","from":"2019-10-01","to":"2026-06-30"},"state":{"code":"MN","name":"Minnesota"},"lender":{"name":"Stearns Bank","url":"/sba-express-lenders/stearns-bank/","regulator_status":"active"},"loans":71,"dollars_approved":41671200,"measures":{"share_of_all_loans_pct":{"state":0.745,"national":0.273,"reading":"Clearly higher"},"median_loan":{"state":250000,"national":225000,"reading":"No clear gap"},"middle_half_of_loans":{"state":{"p25":82500,"p75":400000},"national":{"p25":114000,"p75":400000}},"startup_pct":{"state":14.1,"national":34.2,"reading":"Clearly lower"},"new_pct":{"state":8.5,"national":7.6,"reading":"No clear gap"},"existing_pct":{"state":71.8,"national":43.5,"reading":"Clearly higher"},"ownership_pct":{"state":null,"national":12.8,"reading":"n/a"},"express_pct":{"state":18.3,"national":11.9,"reading":"No clear gap"},"loc_pct":{"state":15.5,"national":4.2,"reading":"Clearly higher"},"median_term_months":{"state":120,"national":120},"median_spread_over_prime_points":{"state":2.5,"national":2.75}},"clear_gaps":["existing","loc","share"],"top_industries":{"Machine Shops":7},"note":"Null means fewer than 5 loans. Loans SBA approved only: the file has no denials. Spread over Prime is the rate at approval minus Prime that day, not today's rate."}}