Minnesota · Real Estate
SBA loans for real estate in Minnesota
705 loans worth $286.1M approved since FY2010 for real estate and rental and leasing projects located in Minnesota.
Loans
705
Approved
$286.1M
Median loan
$200,000
-20% vs sector nationally
Median rate
6.00%
Jobs supported
8,458
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 real estate in Minnesota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Midwest Business Finance Corporation | 57 | $28.3M | |
| Twin Cities-Metro Certified Development Company | 23 | $16.1M | |
| BankVista | 25 | $15.3M | |
| U.S. Bank | 89 | $14.4M | |
| Old National Bank | 27 | $12.9M | |
| Live Oak Banking Company | 10 | $12.9M | |
| 21st Century Bank | 30 | $9.9M | |
| Ultima Bank Minnesota | 8 | $7.8M |
Detail
Which industries inside the sector
All SBA lending in Minnesota
30,570 loans across every sector.
Real Estate nationally
25,262 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to real estate businesses in Minnesota?
- 705 SBA loans totalling $286,089,700 have been approved for real estate and rental and leasing projects in Minnesota since FY2010.
- Which lenders finance real estate in Minnesota?
- The most active by dollars approved are Midwest Business Finance Corporation, Twin Cities-Metro Certified Development Company, BankVista, U.S. Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for real estate in Minnesota?
- The median approval is $200,000, 20% below the national median for this sector ($250,000).
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