1,957 SBA loans worth $959.8M went to businesses in Minneapolis, MN between October 2021 and June 2026, from 125 lenders. U.S. Bank made the most, 302 loans. The median loan was $200,000, compared with $212,000 across Minnesota, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | U.S. Bank Bank · Cincinnati, OH | 302 | $68.8M | $43,000 | 39% |
| 2 | Huntington National Bank Bank · Columbus, OH | 252 | $46.7M | $75,000 | 42% |
| 3 | Twin Cities-Metro Certified Development Certified development company · Vadnais Heights, MN | 77 | $92.6M | $739,000 | 17% |
| 4 | BankVista Bank · Sartell, MN | 71 | $34.4M | $255,000 | 18% |
| 5 | Platinum Bank Bank · Oakdale, MN | 64 | $50.6M | $500,000 | 36% |
| 6 | Sunrise Banks Bank · Sioux Falls, SD | 60 | $23.1M | $189,500 | 63% |
| 7 | Old National Bank Bank · Evansville, IN | 56 | $46.3M | $327,800 | 20% |
| 8 | Wells Fargo Bank Bank · Sioux Falls, SD | 50 | $8.9M | $15,000 | 88% |
| 9 | Highland Bank Bank · St. Paul, MN | 44 | $14.0M | $125,000 | 20% |
| 10 | Northeast Bank Bank · Portland, ME | 44 | $7.5M | $150,000 | 11% |
| 11 | Amplio Economic Development Certified development company · Arden Hills, MN | 41 | $30.1M | $480,000 | 7% |
| 12 | Choice Financial Group Bank · Fargo, ND | 39 | $15.0M | $340,000 | 36% |
| 13 | Granite Bank Bank · Cold Spring, MN | 36 | $6.8M | $140,000 | 25% |
| 14 | First Bank & Trust Bank · Brookings, SD | 35 | $28.1M | $344,000 | 49% |
| 15 | Midwest Business Finance Certified development company · St. Cloud, MN | 33 | $30.0M | $701,000 | 30% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 241 | $252,000 | Huntington National Bank | |
| Professional and technical services | 240 | $150,000 | U.S. Bank | |
| Construction | 225 | $150,000 | U.S. Bank | |
| Restaurants and hotels | 220 | $346,550 | Sunrise Banks | |
| Retail | 214 | $173,500 | U.S. Bank | |
| Manufacturing | 181 | $314,000 | U.S. Bank | |
| Other services (repair, personal care) | 176 | $144,500 | U.S. Bank | |
| Administrative and support services | 102 | $141,000 | U.S. Bank |