Top Industries Financed
- Drinking Places (Alcoholic Beverages)
- Coffee and Tea Manufacturing
- Breweries
- General Freight Trucking, Local
- Pottery, Ceramics, and Plumbing Fixture Manufacturing
Quick Summary
Pioneer Bank is an SBA-approved lender headquartered in MAPLETON, Minnesota. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 52 SBA 7(a) loans totaling $28.6M, with an average loan size of $550K. They serve businesses across 2 states.
About Pioneer Bank
Pioneer Bank is an SBA-approved lender headquartered in MAPLETON, Minnesota. Since 2020, they have approved 52 SBA 7(a) loans totaling $28.6M, with an average loan size of $550K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 2 states.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
Helpful SBA Borrower Guides
Frequently Asked Questions
Is Pioneer Bank an SBA Preferred Lender?
Yes, Pioneer Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Pioneer Bank approved?
According to SBA FOIA public records, Pioneer Bank has approved 52 SBA 7(a) loans totaling $28.6M since 2020. Their average loan size is $550K.
What states does Pioneer Bank serve?
Pioneer Bank serves businesses in 2 states: Iowa, Minnesota.
How do I apply for an SBA loan with Pioneer Bank?
To apply for an SBA 7(a) loan with Pioneer 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+.
Get in Touch with This Lender
Contact Pioneer Bank
Ready to Apply for an SBA Loan?
Check if you qualify in minutes — no impact to your credit score.
SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days