BankVista: SBA Lending Record
What SBA's own loan files show about BankVista as an SBA lender, and how a lender's record bears on a feasibility study.
BankVista: the SBA record
808 loans carry BankVista as holder across FY2017 to FY2026: $392.0 million gross. BankVista is recorded by SBA in Minnesota. Every one of the 808 loans is a holding: BankVista is current or last holder, per SBA. 808 loans sit under SBA 7(a). BankVista has 0 in SBA 504. BankVista's range ends with complete FY2026. $392.0 million gross across 808 loans is the scale of BankVista's record. The 808 loans carry SBA's guarantee and not BankVista's, so no policy shows here.
630 of the 808 loans for BankVista sit in no named class. BankVista's class table reads: Limited-service restaurant (48); Full-service restaurant at 34; Beverage manufacturing (breweries, wineries, distilleries) (19); Child care center at 11; Automotive mechanical repair (car and truck), 8; Fitness center (8); Beauty salon, 8; Hotel and motel at 7; Liquor store (7); RV park and campground, 5; Self storage, 5. 48 Limited-service restaurant loans sit beside 630 unclassed ones in BankVista's 808. BankVista's classes describe part of 808. At BankVista, 34 Full-service restaurant loans follow 48 Limited-service restaurant.
BankVista: where the loans sit
By state at BankVista: Minnesota at 737; Wisconsin, 28; Iowa, 5; Michigan, 5. Minnesota is also where SBA records BankVista, so the book starts at home. 737 of BankVista's 808 loans sit in Minnesota. BankVista's table maps 808 loans, no boundary for sites beyond Minnesota.
BankVista: floors and study
Among FY2017 to FY2024 approvals, 10.4% or more were cancelled, a floor. Ceiling 11.5%: undisbursed loans count as cancelled. Floor 5.3%: charged off to date among 337 loans disbursed in FY2017 to FY2021. 3.6% by year five after approval. 10.4% cancelled means approval is not funding. 5.3% of 337 charged off; cash flow must hold. For BankVista, test one is site demand. For BankVista, test two is full project cost. For BankVista, test three is debt service coverage. For BankVista, test four is the appraisal.
BankVista's record shows a lender 808 loans and $392.0 million gross. BankVista's record shows a borrower 808 holdings and no terms. The 808 loans cannot show how BankVista would treat a request. 48 Limited-service restaurant loans sit at the top. BankVista's record stops at holdings. For BankVista, bring a self-standing study. BankVista appears here as holder of 808 loans, and the record ends there.
SBA loans held by BankVista
SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).
7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.
| Loans approved, FY2017 to FY2026 | 808 |
|---|---|
| Gross dollars approved | $392.0 million |
| SBA 7(a) loans | 808 |
| SBA 504 loans | 0 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 10.4% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 11.5% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 5.3% |
| Charged off within five years of approval | 3.6% |
| Loans in that cohort | 337 |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 630 |
| Limited-service restaurant | 48 |
| Full-service restaurant | 34 |
| Beverage manufacturing (breweries, wineries, distilleries) | 19 |
| Child care center | 11 |
| Automotive mechanical repair (car and truck) | 8 |
| Fitness center | 8 |
| Beauty salon | 8 |
| Hotel and motel | 7 |
| Liquor store | 7 |
| RV park and campground | 5 |
| Self storage | 5 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Loans by project state
States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-35406.
Related feasibility study pages
- SBA Lender Feasibility Study Data
- SBA feasibility study consultant
- Stearns Bank National Association: SBA Lending Record
- Midwest Business Finance Corporation: SBA Lending Record
- Twin Cities-Metro Certified Development Company: SBA Lending Record
- CRF Small Business Loan Company, LLC: SBA Lending Record
- Magnifi Financial CU: SBA Lending Record
- Frandsen Bank and Trust: SBA Lending Record
- Platinum Bank: SBA Lending Record
- Amplio Economic Development Corporation: SBA Lending Record
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