SHANE PIERSON · SBA DATA
SBA Lenders · Alerus Financial, National Association

SBA Lending by Alerus Financial, National Association

SBA records list Alerus Financial, National Association as an active SBA 7(a) lender record, ranked #183 nationally by all-time volume, with 867 7(a) records worth $499M.

867
7(a) records listed
$499M
Approved dollars
$575,161
Average loan size
#183
Rank, all-time volume
#170
Rank, volume since 2020
0.1%
Share of U.S. 7(a) since 2020
+21%
Annualized vs prior decade
1.6%
Active-status distress
32%
PLP processing

Between 1991 and mid-2026, the SBA FOIA record lists 867 7(a) loans worth $499M under Alerus Financial, National Association, at an average of $575,161 per loan. That places it #183 among U.S. lender records by volume. About 32% show Preferred Lender (PLP) processing. Among 184 active-status loans, 1.6% are delinquent, past due, or in liquidation.

Where Alerus Financial, National Association lends most

What Alerus Financial, National Association funds most

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7(a) loans only, approved and not cancelled, gross basis. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here. Methodology.

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