Alerus Financial, National Association
Based in ND931 SBA loans totaling $545.3M.
Total Loans
931
1991–2025
Total Volume
$545.3M
Gross approval amount
Avg Loan Size
$586K
Median: $265K
Avg Interest Rate
6.21%
Default Rate
7.6%
States Served
17
Alerus Financial, National Association — Annual Lending Volume
Alerus Financial, National Association — Annual Loan Count
Where They Lend
What They Lend For
Loan Size Distribution
Loan Outcomes
Active20.3%
Paid in Full63.7%
Charged Off6.9%
Cancelled8.4%
Committed0.8%
Export Loan Data
Download all individual loan records for Alerus Financial, National Association as a CSV file.
Sample Loans
1,046 total loans in Alerus Financial, National Association
| Year | City | Lender | Amount | Rate | Status |
|---|---|---|---|---|---|
| 2015 | Tempe AZ 85281 | Alerus Financial, National Association Fitness And Recreational Sports Centers | $5.0M | 6.00% | Paid in Full |
| 2025 | Grand Forks ND 58203 | Alerus Financial, National Association Highway, Street, And Bridge Construction | $5.0M | 7.00% | Active |
| 2014 | San Jose CA 95120 | Alerus Financial, National Association Solid Waste Landfill | $5.0M | 5.25% | Paid in Full |
| 2012 | Phoenix AZ 85050 | Alerus Financial, National Association Hotels (Except Casino Hotels) And Motels | $5.0M | 6.00% | Paid in Full |
| 2011 | Princeton MN 55371 | Alerus Financial, National Association Homes For The Elderly | $5.0M | 5.25% | Paid in Full |
| 2013 | Globe AZ 85501 | Alerus Financial, National Association Hotels (Except Casino Hotels) And Motels | $5.0M | 6.00% | Paid in Full |
| 2015 | Tempe AZ 85281 | Alerus Financial, National Association Hotels (Except Casino Hotels) And Motels | $5.0M | 5.50% | Cancelled |
| 2026 | Bryan TX 77802 | Alerus Financial, National Association Hotels (Except Casino Hotels) And Motels | $4.8M | — | Unknown |
| 2023 | Tempe AZ 85281 | Alerus Financial, National Association All Other Specialty Trade Contractors | $4.5M | 10.25% | Cancelled |
| 2025 | Minneapolis MN 55421 | Alerus Financial, National Association Plumbing And Heating Equipment And Supplies (Hydronics) Merchant Whole | $4.5M | 8.00% | Active |
| 2021 | Scottsdale AZ 85260 | Alerus Financial, National Association Insurance Agencies And Brokerages | $4.5M | 2.00% | Paid in Full |
| 2011 | Chandler AZ 85226 | Alerus Financial, National Association Transportation Equipment And Supplies (Except Motor Vehicle) Merchant | $4.3M | 6.00% | Cancelled |
| 2017 | Shakopee MN 55379 | Alerus Financial, National Association Hotels (Except Casino Hotels) And Motels | $4.3M | 5.50% | Paid in Full |
| 2014 | Grand Forks ND 58201 | Alerus Financial, National Association General Warehousing And Storage | $4.1M | — | Paid in Full |
| 2023 | Saint Paul MN 55117 | Alerus Financial, National Association Farm And Garden Machinery And Equipment Merchant Wholesalers | $4.0M | 7.75% | Cancelled |
| 2012 | Becker MN 55308 | Alerus Financial, National Association Furniture Stores | $3.9M | — | Paid in Full |
| 2012 | Phoenix AZ 85027 | Alerus Financial, National Association Medical, Dental, And Hospital Equipment And Supplies Merchant Wholesal | $3.9M | 5.75% | Charged Off |
| 2022 | Bismarck ND 58503 | Alerus Financial, National Association Limited-Service Restaurants | $3.9M | 5.00% | Active |
| 2011 | Scottsdale AZ 85251 | Alerus Financial, National Association Hotels (Except Casino Hotels) And Motels | $3.9M | 5.75% | Paid in Full |
| 2014 | Scottsdale AZ 85258 | Alerus Financial, National Association Drugs And Druggists' Sundries Merchant Wholesalers | $3.9M | 6.00% | Paid in Full |
1,046 Loans in Alerus Financial, National Association
Full loan-level export is coming soon. You'll be able to search, filter, and export raw loan data as CSV.
Coming Soon