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Foresight Bank

PLAINVIEW, MN 55964

13
Loans Approved
$2.7M
Total Volume
$210K
Avg Loan Size
1
States Served

States Served

Minnesota

Top Industries Financed

  • All Other Specialty Trade Contractors
  • Full-Service Restaurants
  • Doll, Toy, and Game Manufacturing
  • Landscaping Services
  • General Freight Trucking, Long Distance, Truckload

Quick Summary

Foresight Bank is an SBA-approved lender headquartered in PLAINVIEW, Minnesota. Since 2020, they have approved 13 SBA 7(a) loans totaling $2.7M, with an average loan size of $210K. They primarily serve Minnesota businesses.

About Foresight Bank

Foresight Bank is an SBA-approved lender headquartered in PLAINVIEW, Minnesota. Since 2020, they have approved 13 SBA 7(a) loans totaling $2.7M, with an average loan size of $210K. They primarily serve businesses in Minnesota.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Foresight Bank an SBA Preferred Lender?

Foresight Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Foresight Bank approved?

According to SBA FOIA public records, Foresight Bank has approved 13 SBA 7(a) loans totaling $2.7M since 2020. Their average loan size is $210K.

What states does Foresight Bank serve?

Foresight Bank primarily serves businesses in Minnesota.

How do I apply for an SBA loan with Foresight Bank?

To apply for an SBA 7(a) loan with Foresight Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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