Skip to main content

Lender record

BankCherokee

The real lending record — every figure from funded deals. HQ: 607 Smith Ave S, Saint Paul, MN. 3 branches.

93

Recent deals (FY20+)

$200K

Typical deal

9 days

Approval → funding

1.5%

Failure rate (FY20–23)

Where BankCherokee lends

Deals BankCherokee funded — list all 93 as text

Deal profile

Most BankCherokee deals land between $100K and $350K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Landscaping Services (6)
  2. 2.Full-Service Restaurants (5)
  3. 3.Limited-Service Restaurants (4)
  4. 4.Snack and Nonalcoholic Beverage Bars (4)
  5. 5.Offices of Mental Health Practitioners (except Physicians) (4)
  6. 6.Precision Turned Product Manufacturing (4)
  7. 7.Commercial and Industrial Machinery and Equipment (except Au (3)
  8. 8.Other Snack Food Manufacturing (3)

Most active states

  1. 1.Minnesota (93 deals)

Can BankCherokee fund you? The bank behind the loans

Total assets

$420.4M

3% vs prior quarter

Deposits on hand

$350.7M

3.8% vs prior quarter

Loans outstanding

$276.6M

1.6% vs prior quarter

Net income (latest qtr)

$511K

  • An active SBA program (~1% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes BankCherokee more SBA-focused than 79% of the banks on our record.
  • Deposits grew last quarter — more raw lending capacity than the quarter before.
  • Return on assets of 0.49% — well under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a BankCherokee branch (3)

BankcherokeeMain office607 Smith Ave SSaint Paul, MN 55107 · since 1908

Grand Avenue Branch985 Grand AveSt. Paul, MN 55105 · since 1986

North Oaks Branch999 Village Center DrNorth Oaks, MN 55127 · since 1995

Branch data: FDIC BankFind.

Recent deals

  • Westside Hose Company LLC in Minneapolis, MN$1.5M (2026) · Commercial and Industrial Machinery and Equipment (except Au
  • Roehr Schmitt Architecture, LLC in Minneapolis, MN$300K (2026) · Architectural Services
  • Westside Hose Company LLC in Minneapolis, MN$100K (2026) · Commercial and Industrial Machinery and Equipment (except Au
  • Akshaan, PLLC in Saint Paul, MN$1.3M (2025) · Offices of Dentists
  • Restaurant 3 LLC in Saint Paul, MN$819K (2025) · Full-Service Restaurants
  • DHSBrooklynPark LLC in Minneapolis, MN$715K (2025) · purchase · Limited-Service Restaurants
  • Field Outdoor Spaces, Inc. in Minneapolis, MN$250K (2025) · Landscaping Services
  • Wet Paint Artists' Materials and Framing in Saint Paul, MN$250K (2025) · All Other Miscellaneous Retailers
  • Martine Law PLLC in Saint Paul, MN$200K (2025) · Offices of Lawyers
  • MyPath, LLC in Loretto, MN$200K (2025) · Educational Support Services

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.

Failed deals

1 of BankCherokee's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.

Work at BankCherokee?

Claim this profile free to keep your lending record accurate, route buyer leads to your team, and sponsor your placement in the rankings.

Claim this listing

Businesses BankCherokee financed

68 businesses on record — the 60 largest by funding. Each links to its full SBA record.

Work at BankCherokee?

Claim this profile to keep your record accurate, route buyer leads to your team, or sponsor your placement in the rankings.

CapBench analysis of public lending records, FY2020–present. Not affiliated with BankCherokee.

Agent summary

This page summarizes BankCherokee's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 93 SBA 7(a) loans on record
  • $200K typical deal
  • 2 business-acquisition loans
  • HQ: 607 Smith Ave S, Saint Paul, MN
  • 3 FDIC branch locations
  • FDIC total assets $420.4M
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

Find the bank most likely to fund your deal

BankCherokee is one of 1,000+ SBA lenders on record — and they all have different appetites. Tell us your deal size, industry, and location, and we'll point you to the banks that fund deals like yours.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

Scroll