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BANKWEST is a community bank serving the western edge of the Minneapolis metro area with branches in Rockford, Hanover, and Buffalo, Minnesota. The family-owned institution was established in 1980 when the Huston family acquired Rockford State Bank, with a mission to recognize and serve the needs of customers, community, and employees as they build a legacy of caring.
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SBA 7(a) Acquisition Loan Data As Of December 31, 2025
Last 12 Months
Last 3 Years
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no activity
As Of December 31, 2025
Median
$303K
Average
$826K
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All rates shown as spread over Prime Rate
This Lender
Market Average
As Of December 31, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
low
Performance Ranking
0th
Lower is better among all lenders
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)