MyLenderPilot

SBA Loans for Nonupholstered Wood Household Furniture Manufacturing in Minnesota: Top Lenders

NAICS 337

NAICS 337 covers nonupholstered wood household furniture manufacturing businesses in Minnesota. Based on historical SBA 7(a) lending data.

Total Approvals

9

in Minnesota

Median Loan Size

$697,100

per approval

Recent Activity

1

last 90 days through Jun 2025

NAICS 337 covers nonupholstered wood household furniture manufacturing businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $697,100.

Key trends & insights

  • Nonupholstered Wood Household Furniture Manufacturing in Minnesota lending is concentrated — Minnwest Bank, Farmers AND Merchants State Bank OF Pierz, Security Bank USA together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Minnwest Bank leads this industry with 2 approvals (22% market share) and a median loan of $1,530,000.
  • Nonupholstered Wood Household Furniture Manufacturing in Minnesota loans run larger than the SBA average — a $697,100 median vs. ~$450,000 across all industries. These businesses typically need more capital.

Most active SBA lenders for Nonupholstered Wood Household Furniture Manufacturing in Minnesota

#LenderApprovalsMedian Size
1
Minnwest Bank
2$1,530,000
2
Farmers AND Merchants State Bank OF Pierz
2$58,500
3
Security Bank USA
1$697,100
4
Frandsen Bank AND Trust
1$650,000
5
First Bank & Trust
1$735,500
6
Tradition Capital Bank
1$3,191,000
7
U.s. Bank, National Association
1$100,000

Recent SBA 7(a) approvals for Nonupholstered Wood Household Furniture Manufacturing in Minnesota

MonthLenderBorrowerAmount
2025-06Tradition Capital BankBer*****nc.$300,000
2025-06Tradition Capital BankBer*****nc.$3,191,000
2025-05Northeast BankEle*****nc.$85,000
2025-01BankVistaREV*****ION$75,000
2024-11Live Oak Banking CompanyTWE*****LLC$432,500
2024-08First Bank & TrustBRY*****LLC$735,500
2024-04U.S. Bank, National AssociationDAV*****SEN$14,000
2024-04Frandsen Bank and TrustMin*****LLC$650,000
2024-03Bravera BankNex*****Inc$667,000
2024-01U.S. Bank, National AssociationNOR*****INC$100,000
2023-10U.S. Bank, National AssociationNOR*****INC$100,000
2023-10New Market BankSur*****LLC$25,000
2023-09Platinum BankSig*****ing$1,650,000
2023-09Platinum BankHor*****.C.$250,000
2023-07Citizens Alliance BankBen*****LLC$450,000
2023-05U.S. Bank, National AssociationELE*****LLC$30,000
2023-02Minnwest BankLea*****LLC$1,560,000
2023-02Minnwest BankLea*****LLC$1,500,000
2022-10U.S. Bank, National AssociationTWI*****LLC$26,000
2022-08U.S. Bank, National AssociationJIL*****LLC$100,000
2022-05Minnesota Lakes BankRRC*****LLC$153,000
2022-02Citizens State BankC7***LLC$137,100
2021-09Magnifi Financial CUNor*****LLC$30,000
2021-09Magnifi Financial CUNor*****LLC$392,800
2021-08Security Bank USANOR*****INC$697,100
2021-08BankVistaREV*****ION$100,000
2021-08BankVistaREV*****ION$494,000
2021-08Cadence BankPro*****orp$100,000
2021-04Old National BankCab*****LLC$76,500
2021-04Old National BankCab*****LLC$150,000
2021-03Falcon National BankAlp*****LLC$2,000,000
2020-09Summit CUCot*****LLC$1,958,000
2020-08Summit CUMid*****LLC$462,600
2020-07Stearns Bank National AssociationTAP*****NC.$372,000
2019-12Frandsen Bank and TrustMin*****LLC$504,000
2019-10Farmers and Merchants State Bank of PierzRic*****LLC$107,000
2019-10Farmers and Merchants State Bank of PierzRic*****LLC$10,000
2019-10Farmers and Merchants State Bank of PierzRic*****LLC$107,000

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

Save your lender shortlist & build your packet

Answer 2 more questions to refine your ranking and export a lender-ready packet.

Save & export my packet