44 SBA loans worth $22.8M went to businesses in Buffalo, MN between October 2021 and June 2026, from 26 lenders. Old National Bank made the most, 4 loans. The median loan was $267,350, compared with $212,000 across Minnesota, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Old National Bank Bank · Evansville, IN | 4 | $7.7M | $1,967,550 | 50% |
| 2 | Bravera Bank Bank · Dickinson, ND | 4 | $320K | $17,500 | 25% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 4 | $145K | $35,000 | 25% |
| 4 | Twin Cities-Metro Certified Development Certified development company · Vadnais Heights, MN | 3 | $1.8M | $546,000 | 33% |
| 5 | Huntington National Bank Bank · Columbus, OH | 3 | $410K | $40,000 | 100% |
| 6 | Midwest Business Finance Certified development company · St. Cloud, MN | 2 | $1.3M | $637,500 | 50% |
| 7 | Platinum Bank Bank · Oakdale, MN | 2 | $869K | $434,650 | 0% |
| 8 | BANKWEST Bank · Rockford, MN | 2 | $778K | $388,750 | 0% |
| 9 | Security Bank & Trust Bank · Glencoe, MN | 2 | $654K | $327,000 | 0% |
| 10 | Sentry Bank Bank · St. Joseph, MN | 2 | $280K | $139,800 | 0% |
| 11 | BankCherokee Bank · St. Paul, MN | 1 | $1.7M | $1,725,700 | 0% |
| 12 | Byline Bank Bank · Chicago, IL | 1 | $1.7M | $1,700,000 | 100% |
| 13 | CCFBank Bank · Altoona, WI | 1 | $1.1M | $1,150,000 | 0% |
| 14 | Central Minnesota Development Certified development company · Andover, MN | 1 | $973K | $973,000 | 0% |
| 15 | BankVista Bank · Sartell, MN | 1 | $580K | $580,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 10 | $246,500 | Old National Bank | |
| Construction | 9 | $150,000 | U.S. Bank | |
| Manufacturing | 4 | $643,000 | Twin Cities-Metro Certified Development | |
| Professional and technical services | 4 | $487,500 | Old National Bank | |
| Restaurants and hotels | 4 | $326,250 | Huntington National Bank | |
| Transportation and warehousing | 3 | $280,000 | Hiawatha National Bank | |
| Retail | 2 | $10,000 | Bravera Bank | |
| Arts, entertainment and recreation | 2 | $439,500 | 21st Century Bank |