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Home Rankings PPP lenders Community First Bank Menahga, MN

PPP lender · derived table

Community First Bank (Menahga, MN)

Community First Bank, headquartered in Menahga, Minnesota, is one of seven separately chartered banks that SBA's PPP loan-level file lists under that name, told apart through bank regulators' 2020–21 call-report rosters. The file's records for this bank show 236 loans and $4.8 million in approved dollars, an average of $20,456 a loan. That is 0.0021% of the 11,468,171 loans in our per-lender totals. Borrowers on those loans reported 686 jobs, 2.9 a loan, and $7,037 of approved dollars for each reported job. The Community First Bank page adds the seven banks together.

Totals

Headquarters (call-report roster)Menahga, Minnesota
FDIC certificate5197
Federal Reserve RSSD ID923855
SBA lender location IDs38378
Loans236
Approved dollars$4,827,694.18
Average loan$20,456.33
Share of program loans0.0021%
Rank by approved dollarsNot ranked: ranks in this archive are by SBA lender name
Rank by loan countNot ranked: ranks in this archive are by SBA lender name
Jobs reported686
Jobs per loan2.9068
Approved dollars per reported job$7,037.46
Borrowers231
Loans per borrower1.022
Lender type (archive classification)Community bank
Modeled processing fees$464,430.82
Modeled fees, 2020 first-draw loans$140,304.72
Modeled fees, 2021 first-draw loans$280,163.46
Modeled fees, 2021 second-draw loans$43,962.64
Modeled fee per loan$1,967.93
Rank by modeled feesNot ranked: ranks in this archive are by SBA lender name

Named in the archive

Archive pages are matched to lenders by name, and the name Community First Bank covers seven banks, so none is assigned to this bank. The Community First Bank page lists the pages that carry the name.

Data and method

Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30), summed over the loans whose originating-lender location IDs were matched by name, state and city to this bank in the FFIEC call-report rosters (2020 Q2 to 2021 Q4); ranks in this archive are by SBA lender name, so this page carries none. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed. The per-lender totals page has the full method.

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