Highland Bank approved 146 SBA loans worth $48.4M between October 2021 and June 2026, ranking #273 of 2,283 SBA lenders nationally by loan count. Its median loan was $150,000, and 31% went to startups or businesses under two years old. It lent in 4 states, most often in Minnesota, and its most financed industry was manufacturing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Minnesota | 140 | $42.3M | $150,000 | #13 |
| North Carolina | 3 | $1.0M | $378,000 | #132 |
| Wisconsin | 2 | $24K | $12,000 | #186 |
| Illinois | 1 | $5.0M | $5,000,000 | #252 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 30 | $225,000 | |
| Professional and technical services | 29 | $200,000 | |
| Construction | 21 | $150,000 | |
| Retail | 15 | $50,000 | |
| Other services (repair, personal care) | 11 | $125,000 | |
| Wholesale trade | 6 | $22,500 | |
| Health care and social assistance | 6 | $224,650 | |
| Real estate and rental | 4 | $122,500 | |
| Restaurants and hotels | 4 | $190,000 | |
| Education | 4 | $52,500 |