United Minnesota Bank approved 12 SBA loans worth $3.0M between October 2021 and June 2026, ranking #1115 of 2,283 SBA lenders nationally by loan count. Its median loan was $175,000, and 42% went to startups or businesses under two years old. It lent in 1 states, most often in Minnesota, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Minnesota | 12 | $3.0M | $175,000 | #86 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 9 | $131,000 | |
| Professional and technical services | 1 | $500,000 | |
| Retail | 1 | $200,000 | |
| Transportation and warehousing | 1 | $150,000 |