42 SBA loans worth $18.8M went to businesses in Prior Lake, MN between October 2021 and June 2026, from 22 lenders. Huntington National Bank made the most, 5 loans. The median loan was $216,500, compared with $212,000 across Minnesota, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 5 | $1.7M | $75,000 | 40% |
| 2 | U.S. Bank Bank · Cincinnati, OH | 5 | $400K | $40,000 | 40% |
| 3 | Twin Cities-Metro Certified Development Certified development company · Vadnais Heights, MN | 4 | $3.7M | $850,000 | 0% |
| 4 | BankVista Bank · Sartell, MN | 4 | $1.1M | $281,250 | 25% |
| 5 | Highland Bank Bank · St. Paul, MN | 3 | $620K | $100,000 | 67% |
| 6 | CCFBank Bank · Altoona, WI | 2 | $2.9M | $1,469,650 | 0% |
| 7 | Scale Bank Bank · Edina, MN | 2 | $1.1M | $557,500 | 0% |
| 8 | Bell Bank Bank · Fargo, ND | 2 | $906K | $453,250 | 50% |
| 9 | Amplio Economic Development Certified development company · Arden Hills, MN | 2 | $473K | $236,500 | 0% |
| 10 | First Resource Bank Bank · Lino Lakes, MN | 1 | $1.7M | $1,707,000 | 0% |
| 11 | Byline Bank Bank · Chicago, IL | 1 | $1.2M | $1,170,000 | 0% |
| 12 | Live Oak Banking Bank · Wilmington, NC | 1 | $725K | $725,000 | 0% |
| 13 | Old National Bank Bank · Evansville, IN | 1 | $500K | $500,000 | 0% |
| 14 | Midwest Business Finance Certified development company · St. Cloud, MN | 1 | $417K | $417,000 | 0% |
| 15 | Southeastern Minnesota 504 Development Certified development company · Rochester, MN | 1 | $301K | $301,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 10 | $287,500 | BankVista | |
| Construction | 9 | $50,000 | Huntington National Bank | |
| Administrative and support services | 5 | $247,000 | Huntington National Bank | |
| Health care and social assistance | 3 | $1,170,000 | Old National Bank | |
| Transportation and warehousing | 3 | $112,000 | BankVista | |
| Other services (repair, personal care) | 2 | $178,500 | Wells Fargo Bank | |
| Restaurants and hotels | 2 | $429,250 | Scale Bank | |
| Manufacturing | 2 | $353,750 | Scale Bank |