Minnesota · Management
SBA loans for management in Minnesota
28 loans worth $16.0M approved since FY2010 for management of companies and enterprises projects located in Minnesota.
Loans
28
Approved
$16.0M
Median loan
$353,400
+1% vs sector nationally
Median rate
6.38%
Jobs supported
313
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to management in Minnesota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 3 | $5.1M | |
| MidCountry Bank | 3 | $3.0M | |
| 21st Century Bank | 5 | $2.4M | |
| Citizens Bank & Trust Co | 3 | $1.5M | |
| Northeast Entrepreneur Fund, Inc. | 6 | $1.5M | |
| Frandsen Bank and Trust | 2 | $1.0M | |
| Highland Bank | 1 | $563K | |
| Alerus Financial | 1 | $350K |
Detail
Which industries inside the sector
| Industry | Loans | Share |
|---|---|---|
| Offices of Other Holding Companies | 28 |
All SBA lending in Minnesota
30,570 loans across every sector.
Management nationally
634 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to management businesses in Minnesota?
- 28 SBA loans totalling $16,018,600 have been approved for management of companies and enterprises projects in Minnesota since FY2010.
- Which lenders finance management in Minnesota?
- The most active by dollars approved are Live Oak Banking Company, MidCountry Bank, 21st Century Bank, Citizens Bank & Trust Co. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for management in Minnesota?
- The median approval is $353,400.
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