30 SBA loans worth $13.1M went to businesses in Champlin, MN between October 2021 and June 2026, from 15 lenders. U.S. Bank made the most, 6 loans. The median loan was $165,000, compared with $212,000 across Minnesota, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | U.S. Bank Bank · Cincinnati, OH | 6 | $164K | $27,500 | 0% |
| 2 | BankVista Bank · Sartell, MN | 5 | $892K | $150,000 | 0% |
| 3 | Granite Bank Bank · Cold Spring, MN | 4 | $582K | $145,000 | 25% |
| 4 | Huntington National Bank Bank · Columbus, OH | 3 | $219K | $55,000 | 33% |
| 5 | Central Minnesota Development Certified development company · Andover, MN | 2 | $4.5M | $2,253,500 | 0% |
| 6 | Platinum Bank Bank · Oakdale, MN | 1 | $3.8M | $3,765,000 | 100% |
| 7 | Minnwest Bank Bank · Redwood Falls, MN | 1 | $1.0M | $1,000,000 | 0% |
| 8 | First Bank & Trust Bank · Brookings, SD | 1 | $349K | $348,700 | 100% |
| 9 | Bank of America Bank · Charlotte, NC | 1 | $347K | $347,000 | 100% |
| 10 | First Western Bank & Trust Bank · Minot, ND | 1 | $300K | $300,000 | 100% |
| 11 | Bravera Bank Bank · Dickinson, ND | 1 | $300K | $300,000 | 100% |
| 12 | 21st Century Bank Bank · Loretto, MN | 1 | $300K | $300,000 | 100% |
| 13 | Twin Cities-Metro Certified Development Certified development company · Vadnais Heights, MN | 1 | $213K | $213,000 | 0% |
| 14 | First Children's Finance Non-bank lender · Minneapolis, MN | 1 | $180K | $180,000 | 100% |
| 15 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $15K | $15,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 5 | $265,000 | BankVista | |
| Manufacturing | 5 | $300,000 | BankVista | |
| Construction | 4 | $22,000 | U.S. Bank | |
| Other services (repair, personal care) | 4 | $148,750 | Granite Bank | |
| Administrative and support services | 3 | $55,000 | Huntington National Bank | |
| Health care and social assistance | 3 | $180,000 | 21st Century Bank | |
| Wholesale trade | 3 | $35,000 | U.S. Bank | |
| Arts, entertainment and recreation | 2 | $3,198,000 | Platinum Bank |