Sunrise in SBA data

380 loans for FY2017 to FY2026 sit under Sunrise Banks National Association. At Sunrise, they add up to $125.5 million in gross dollars approved. All 380 are SBA 7(a) loans, and Sunrise has 0 SBA 504 loans. Sunrise is recorded in Minnesota. The 380 figures are SBA's records of Sunrise holdings. Nothing in them shows what Sunrise requires. SBA, not Sunrise, guarantees them. Each of the 380 sits under its latest holder.

Sunrise: asset classes

Sunrise has 200 loans in no named class, so Sunrise class views cover part of 380. Sunrise: full-service restaurant leads, at 72, then limited-service restaurant at 27, next beverage manufacturing at 12. Last at Sunrise: gas station and truck stop at 10, next beauty salon at 10; fitness center at 8. Also at Sunrise: coffee shop and snack bar at 8, then liquor store at 7, next grocery store at 6. The 200 unplaced loans are the largest block at Sunrise. Its class comparison of 380 rests on a minority.

Sunrise: geography

The state table for Sunrise lists Minnesota alone, at 370 loans. A project in Minnesota meets a Sunrise book. For a project elsewhere, Sunrise gives no state count.

Sunrise: loan outcomes

Cancellation floor for Sunrise over FY2017 to FY2024 approvals: 22.9%, among 380. Our own rule withholds the Sunrise charge-off rate. Sunrise's cohorts are too small. Sunrise ceiling: 25.3%, counting undisbursed loans as cancelled.

Sunrise: using the figures

Sunrise figures form a map of holdings. 380 loans show where Sunrise stands as holder. The 22.9% cancellation floor shows how Sunrise approvals fared. It forecasts no Sunrise request. A Sunrise project has demand and cost. A Sunrise borrower should name which of the 380 loans look like it. Differences matter to Sunrise as much as likenesses. 380 loans, plainly told, let Sunrise judge the study. A floor of 22.9% at Sunrise describes the past, not the future.

Sunrise: study tests

Preparing a request to Sunrise? Read 380 loans as background for Sunrise. Full-service restaurant borrowers at Sunrise meet 72 loans, the closest comparison. Sunrise: the study tests sales per seat. Sunrise needs labour cost tested too. Show Sunrise coverage in a slow year too. Sunrise needs an appraisal that supports it. Sunrise offers just 200 unplaced loans for an unnamed type. Sunrise's study makes the case. Sunrise holds 370 loans in Minnesota. Elsewhere, Sunrise holdings need a reason. At Sunrise, a cancellation floor of 22.9% means approval is not funding. The Sunrise study should allow for delay.

SBA loans held by Sunrise Banks National Association

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	380
Gross dollars approved	$125.5 million
SBA 7(a) loans	380
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	22.9%
The same, counting loans still undisbursed as cancelled (a ceiling)	25.3%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

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	200
Full-service restaurant	72
Limited-service restaurant	27
Beverage manufacturing (breweries, wineries, distilleries)	12
Gas station and truck stop	10
Beauty salon	10
Fitness center	8
Coffee shop and snack bar	8
Liquor store	7
Grocery store	6

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
Minnesota	370

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-18561.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Sunrise Banks National Association or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Sunrise Banks National Association: SBA Lending Record