SBA Loans for Jewelry Stores in Minnesota: Top Lenders
NAICS 448NAICS 448 covers jewelry stores businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Minnesota
Median Loan Size
$53,150
per approval
Recent Activity
0
last 90 days through Jun 2022
NAICS 448 covers jewelry stores businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $53,150.
Key trends & insights
- Jewelry Stores in Minnesota lending is concentrated — U.s. Bank, National Association, Merchants Bank, National Association, Bankvista together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- U.s. Bank, National Association leads this industry with 4 approvals (40% market share) and a median loan of $19,300.
- Jewelry Stores in Minnesota loans skew smaller than the SBA average at $53,150 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 2022-06-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Jewelry Stores in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $19,300 | |
| 2 | 1 | $150,000 | |
| 3 | 1 | $75,000 | |
| 4 | 1 | $108,000 | |
| 5 | 1 | $200,000 | |
| 6 | 1 | $46,300 | |
| 7 | 1 | $60,000 |
Recent SBA 7(a) approvals for Jewelry Stores in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-06 | BankVista | NEA*****LLC | SARTELL, MN | $75,000 |
| 2021-12 | U.S. Bank, National Association | JEW*****LLC | SAINT PAUL, MN | $30,000 |
| 2021-08 | First Citizens Bank | Ste*****nc. | MORA, MN | $108,000 |
| 2021-07 | U.S. Bank, National Association | KWI*****L C | SAINT PAUL, MN | $21,600 |
| 2021-05 | 21st Century Bank | C-S*****LLC | SAINT PAUL, MN | $200,000 |
| 2021-03 | U.S. Bank, National Association | KAI*****LLC | MINNEAPOLIS, MN | $30,000 |
| 2021-02 | First Western Bank & Trust | THE*****LLC | Nisswa, MN | $60,000 |
| 2020-10 | Merchants Bank, National Association | Kel*****nc. | SAINT PAUL, MN | $150,000 |
| 2020-07 | Citizens Bank & Trust Co | BG *****LLC | HUTCHINSON, MN | $20,000 |
| 2020-02 | U.S. Bank, National Association | TRI*****LLC | SAINT PAUL, MN | $17,000 |
| 2020-02 | U.S. Bank, National Association | TRI*****LLC | SAINT PAUL, MN | $8,000 |
| 2019-11 | Lake Region Bank | WER*****INC | NEW LONDON, MN | $46,300 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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