Skip to main content
← Find a lenderClaim this listing

Lender record

Granite Bank

The real lending record — every figure from funded deals. HQ: 202 2nd Ave S, Cold Spring, MN. 2 branches.

202

Recent deals (FY20+)

$140K

Typical deal

9 days

Approval → funding

1.9%

Failure rate (FY20–23)

Where Granite Bank lends

Deals Granite Bank funded — list all 202 as text

Deal profile

Most Granite Bank deals land between $63K and $256K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Specialized Freight (except Used Goods) Trucking, Local (48)
  2. 2.Limited-Service Restaurants (10)
  3. 3.All Other Amusement and Recreation Industries (8)
  4. 4.Site Preparation Contractors (7)
  5. 5.All Other Specialty Trade Contractors (5)
  6. 6.Offices of Lawyers (5)
  7. 7.Offices of Real Estate Agents and Brokers (4)
  8. 8.Administrative Management and General Management Consulting (4)

Most active states

  1. 1.Minnesota (188 deals)
  2. 2.Ohio (2 deals)
  3. 3.Texas (2 deals)
  4. 4.Colorado (2 deals)
  5. 5.Wisconsin (2 deals)
  6. 6.Georgia (1 deals)
  7. 7.North Carolina (1 deals)
  8. 8.North Dakota (1 deals)
  9. 9.Illinois (1 deals)
  10. 10.Arizona (1 deals)

Franchises they finance most

Jimmy John's

6 deals

Nautical Bowls

3 deals

Floor to Ceiling

2 deals

The UPS Store

1 deals

Gameday Men's Health/Gameday

1 deals

Can Granite Bank fund you? The bank behind the loans

Total assets

$346.9M

▼ 1.1% vs prior quarter

Deposits on hand

$297.4M

▲ 1.9% vs prior quarter

Loans outstanding

$306.5M

▼ 0.7% vs prior quarter

Net income (latest qtr)

$1.0M

  • •An active SBA program (~0.9% 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 Granite Bank more SBA-focused than 77% of the banks on our record.
  • •Deposits grew last quarter — more raw lending capacity than the quarter before.
  • •Return on assets of 1.17% — above 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 Granite Bank branch (2)

Granite BankMain office202 2nd Ave SCold Spring, MN 56320 · since 1902

Champlin Branch11660 Theatre Dr NChamplin, MN 55316 · since 2022

Branch data: FDIC BankFind.

Recent deals

  • Dialed Archery LLC in Cold Spring, MN — $950K (2026) · Sporting and Athletic Goods Manufacturing
  • Dialed Archery LLC in Cold Spring, MN — $950K (2026) · Sporting and Athletic Goods Manufacturing
  • TECHNICAL INFORMATION & PROFESSIONAL SOLUTIONS INC. (DBA: TIPS Consulting) in Plymouth, MN — $350K (2026) · Custom Computer Programming Services
  • Alpha Insurance Marketing LLC in Cincinnati, OH — $250K (2026) · Insurance Agencies and Brokerages
  • FIt Butters LLC in Minneapolis, MN — $120K (2026) · Roasted Nuts and Peanut Butter Manufacturing
  • ROSS BENDING DYNAMICS LLC in Minneapolis, MN — $548K (2025) · purchase · Fabricated Pipe and Pipe Fitting Manufacturing
  • Anthem Marine, LLC in Shakopee, MN — $500K (2025) · Boat Dealers
  • Avenue Kids, LLC in St. Paul, MN — $410K (2025) · Child Care Services
  • North American Transportation LLC in Coon Rapids, MN — $210K (2025) · Specialized Freight (except Used Goods) Trucking, Local
  • kosgey's LIMITED LIABILITY COMPANY in Andover, MN — $200K (2025) · Specialized Freight (except Used Goods) Trucking, Local

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

3 of Granite Bank'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 Granite Bank?

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 Granite Bank financed

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

Work at Granite Bank?

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

Claim this listingRequest removal

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

Agent summary

This page summarizes Granite Bank'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.

  • 202 SBA 7(a) loans on record
  • $140K typical deal
  • 8 business-acquisition loans
  • HQ: 202 2nd Ave S, Cold Spring, MN
  • 2 FDIC branch locations
  • FDIC total assets $346.9M

Next steps

Request an introRank lendersPre-qualify a deal
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.
Canonical:
https://www.capbench.com/lenders/granite-bank
API:
https://www.capbench.com/api/public/lenders/granite-bank
Methodology:
Sources & methodology
  • 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

Granite Bank 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