SBA Loans for Pottery in Minnesota: Top Lenders
NAICS 327NAICS 327 covers pottery, ceramics, and plumbing fixture manufacturing businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Minnesota
Median Loan Size
$105,400
per approval
Recent Activity
0
last 90 days through Aug 2022
NAICS 327 covers pottery, ceramics, and plumbing fixture manufacturing businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $105,400.
Key trends & insights
- Pottery in Minnesota lending is concentrated — Choice Financial Group, Magnifi Financial CU, Wadena State Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Choice Financial Group leads this industry with 2 approvals (50% market share) and a median loan of $55,400.
- Pottery in Minnesota loans skew smaller than the SBA average at $105,400 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 2022-08-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Pottery in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $55,400 | |
| 2 | 1 | $349,800 | |
| 3 | 1 | $150,000 |
Recent SBA 7(a) approvals for Pottery in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-08 | Choice Financial Group | Mod*****ted | MOORHEAD, MN | $60,800 |
| 2022-08 | Choice Financial Group | Mod*****ted | MOORHEAD, MN | $50,000 |
| 2020-08 | Wadena State Bank | Mer*****ena | WADENA, MN | $150,000 |
| 2020-08 | Wadena State Bank | Mer*****ted | MINNEAPOLIS, MN | $150,000 |
| 2020-08 | Magnifi Financial CU | Rex*****any | SAINT CLOUD, MN | $349,800 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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