SBA Loans for Apparel Accessories and Other Apparel Manufacturing in Minnesota: Top Lenders

NAICS 315

NAICS 315 covers apparel accessories and other apparel manufacturing businesses in Minnesota. Based on historical SBA 7(a) lending data.

Total Approvals

2

in Minnesota

Median Loan Size

$22,500

per approval

Recent Activity

0

last 90 days through Feb 2025

NAICS 315 covers apparel accessories and other apparel manufacturing businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $22,500.

Key trends & insights

  • Apparel Accessories and Other Apparel Manufacturing in Minnesota loans skew smaller than the SBA average at $22,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2025-02-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Apparel Accessories and Other Apparel Manufacturing in Minnesota

#LenderApprovalsMedian Size
11$30,000
21$15,000

Recent SBA 7(a) approvals for Apparel Accessories and Other Apparel Manufacturing in Minnesota

MonthLenderBorrowerAmount
2025-09Byline BankPro*****LLC$550,000
2025-08First Resource BankKin*****LLC$125,000
2025-05First Internet Bank of IndianaThe***** Up$520,000
2025-02MY CUSig*****LLC$30,000
2024-09First Internet Bank of IndianaTHE***** UP$500,000
2024-08First Internet Bank of IndianaTHE***** UP$3,920,000
2024-07Bell BankGho*****LLC$300,000
2023-11Magnifi Financial CULev*****LLC$93,100
2023-08Security Bank USAHan*****LLC$20,000
2023-06Choice Financial GroupTHE*****LLC$100,000
2023-03Highland BankEJF*****LLC$250,000
2023-03Highland BankEJF*****LLC$150,000
2022-12MY CUSig*****LLC$192,500
2022-02BankVistaHOM*****NC.$216,400
2022-02BankVistaHOM*****NC.$216,400
2021-12Bridgewater BankDED*****INC$200,000
2021-11Bridgewater BankDED*****INC$350,000
2021-11U.S. Bank, National AssociationMAM*****LLC$15,000
2019-10Wells Fargo Bank National AssociationTot*****nc.$339,200

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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