27 SBA loans worth $11.7M went to businesses in Princeton, MN between October 2021 and June 2026, from 16 lenders. Midwest Business Finance made the most, 4 loans. The median loan was $300,000, 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 | Midwest Business Finance Certified development company · St. Cloud, MN | 4 | $2.4M | $575,000 | 25% |
| 2 | First Bank & Trust Bank · Brookings, SD | 3 | $1.9M | $735,500 | 0% |
| 3 | Huntington National Bank Bank · Columbus, OH | 3 | $250K | $100,000 | 0% |
| 4 | Newtek Bank Bank · Miami, FL | 2 | $3.0M | $1,500,000 | 0% |
| 5 | Old National Bank Bank · Evansville, IN | 2 | $528K | $264,000 | 0% |
| 6 | U.S. Bank Bank · Cincinnati, OH | 2 | $152K | $76,000 | 100% |
| 7 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $96K | $47,750 | 0% |
| 8 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $935K | $935,000 | 0% |
| 9 | Merchants Bank Bank · Winona, MN | 1 | $780K | $780,000 | 100% |
| 10 | Central Minnesota Development Certified development company · Andover, MN | 1 | $304K | $304,000 | 0% |
| 11 | Pioneer Bank Bank · Mapleton, MN | 1 | $302K | $302,000 | 100% |
| 12 | Sherburne State Bank Bank · Becker, MN | 1 | $300K | $300,000 | 0% |
| 13 | Amplio Economic Development Certified development company · Arden Hills, MN | 1 | $284K | $284,000 | 0% |
| 14 | Bravera Bank Bank · Dickinson, ND | 1 | $282K | $282,000 | 100% |
| 15 | First National Bank of Milaca Bank · Milaca, MN | 1 | $130K | $130,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 5 | $503,000 | Old National Bank | |
| Restaurants and hotels | 4 | $385,000 | Merchants Bank | |
| Agriculture, forestry and fishing | 3 | $1,000,000 | Newtek Bank | |
| Administrative and support services | 3 | $300,000 | First Bank & Trust | |
| Manufacturing | 3 | $304,000 | Pioneer Bank | |
| Construction | 3 | $45,500 | U.S. Bank | |
| Health care and social assistance | 2 | $556,500 | Readycap Lending | |
| Professional and technical services | 2 | $100,000 | Huntington National Bank |