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    Non-bank lender · Duluth, MN

    Northeast Entrepreneur Fund: SBA lending profile

    Northeast Entrepreneur Fund, Inc. · SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026
    16
    SBA loans approved
    $1.7M
    Total approved
    $56,600
    Median loan
    2
    States lent in
    19%
    To startups
    #981
    National rank by loans

    Northeast Entrepreneur Fund approved 16 SBA loans worth $1.7M between October 2021 and June 2026, ranking #981 of 2,283 SBA lenders nationally by loan count. Its median loan was $56,600, and 19% went to startups or businesses under two years old. It lent in 2 states, most often in Minnesota, and its most financed industry was restaurants and hotels.

    SBA loans per fiscal year

    0275380FY14: 3 loansFY14FY15: 2 loansFY15FY16: 1 loansFY16FY17: 21 loansFY17FY18: 38 loansFY18FY19: 56 loansFY19FY20: 71 loansFY2071FY21: 70 loansFY21FY22: 8 loansFY22FY23: 3 loansFY23FY24: 2 loansFY24FY25: 3 loansFY253
    Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

    Where Northeast Entrepreneur Fund lends

    StateLoansApprovedMedian loanRank in state
    Minnesota10$999K$56,600#98
    Wisconsin6$668K$65,600#101

    Industries Northeast Entrepreneur Fund finances

    IndustryLoansShareMedian loan
    Restaurants and hotels6
    38%
    		$78,600
    Manufacturing3
    19%
    		$61,000
    Retail2
    12%
    		$62,600
    Wholesale trade2
    12%
    		$51,150
    Other services (repair, personal care)1
    6%
    		$41,400
    Professional and technical services1
    6%
    		$81,900
    Real estate and rental1
    6%
    		$253,500
    Loan size mix
    • Under $150,00081%
    • $150,000 to $500,00019%
    • $500,000 to $2 million0%
    • $2 million and up0%
    Loan programs used
    • SBA Express69%
    • Standard 7(a)31%
    SBA Lenders by StateLender DirectoryLender MatchMethodologyAboutPrivacyTermsDisclaimerContact
    Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.