Minnesota · Wholesale
SBA loans for wholesale in Minnesota
1,431 loans worth $810.3M approved since FY2010 for wholesale trade projects located in Minnesota.
Loans
1,431
Approved
$810.3M
Median loan
$240,000
-4% vs sector nationally
Median rate
6.00%
Jobs supported
14,300
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 wholesale in Minnesota
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Platinum Bank | 43 | $85.6M | |
| Old National Bank | 130 | $79.2M | |
| Twin Cities-Metro Certified Development Company | 65 | $73.7M | |
| Wells Fargo Bank | 128 | $51.4M | |
| Choice Financial Group | 63 | $51.1M | |
| Amplio Economic Development Corporation | 37 | $30.8M | |
| U.S. Bank | 129 | $25.5M | |
| Midwest Business Finance Corporation | 48 | $25.1M |
Detail
Which industries inside the sector
All SBA lending in Minnesota
30,570 loans across every sector.
Wholesale nationally
52,654 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to wholesale businesses in Minnesota?
- 1,431 SBA loans totalling $810,313,500 have been approved for wholesale trade projects in Minnesota since FY2010.
- Which lenders finance wholesale in Minnesota?
- The most active by dollars approved are Platinum Bank, Old National Bank, Twin Cities-Metro Certified Development Company, Wells Fargo Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for wholesale in Minnesota?
- The median approval is $240,000.
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