SBA Loans for NAICS 449 in Minnesota: Top Lenders
NAICS 449Based on historical SBA 7(a) lending data.
Total Approvals
8
in Minnesota
Median Loan Size
$192,000
per approval
Recent Activity
3
last 90 days through Jun 2025
NAICS 449 encompasses naics 449 in minnesota businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $192,000.
Key trends & insights
- NAICS 449 in Minnesota lending is concentrated — Bell Bank, THE Huntington National Bank, Falcon National Bank together account for 63% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Bell Bank leads this industry with 2 approvals (25% market share) and a median loan of $268,100.
- NAICS 449 in Minnesota loans skew smaller than the SBA average at $192,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for NAICS 449 in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $268,100 | |
| 2 | 2 | $105,000 | |
| 3 | 1 | $300,000 | |
| 4 | 1 | $1,286,000 | |
| 5 | 1 | $15,000 | |
| 6 | 1 | $204,000 |
Recent SBA 7(a) approvals for NAICS 449 in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | City & County CU | Oak*****LLC | ANOKA, MN | $95,000 |
| 2025-07 | First Resource Bank | Ced*****nc. | HOPKINS, MN | $200,000 |
| 2025-06 | Pathward National Association | Fle*****.C. | HOPKINS, MN | $204,000 |
| 2025-06 | Bell Bank | Bol*****nc. | Fergus Falls, MN | $70,000 |
| 2025-06 | Bell Bank | Bol*****nc. | Fergus Falls, MN | $466,200 |
| 2025-03 | Platinum Bank | Max*****LLC | Blaine, MN | $1,286,000 |
| 2025-03 | U.S. Bank, National Association | DIS*****INC | MINNEAPOLIS, MN | $21,000 |
| 2025-02 | Minnwest Bank | Big*****nc. | EXCELSIOR, MN | $112,500 |
| 2024-11 | BayFirst National Bank | OLL*****LLC | SAINT PAUL, MN | $69,500 |
| 2024-10 | Northeast Bank | Sum*****LLC | Burnsville, MN | $15,000 |
| 2024-08 | Falcon National Bank | Sab*****LLC | Saint Joseph, MN | $2,859,000 |
| 2024-08 | Falcon National Bank | Har*****LLC | Saint Joseph, MN | $350,000 |
| 2024-04 | BayFirst National Bank | Oll*****LLC | SAINT PAUL, MN | $150,000 |
| 2023-09 | BankVista | THE*****LLC | EDINA, MN | $415,000 |
| 2023-07 | First Western Bank & Trust | Sou*****LLC | BURNSVILLE, MN | $215,000 |
| 2023-05 | The Huntington National Bank | CSH*****ted | Rochester, MN | $30,000 |
| 2023-05 | The Huntington National Bank | CSH*****ted | Rochester, MN | $180,000 |
| 2023-02 | Falcon National Bank | Nor*****LLC | Saint Joseph, MN | $300,000 |
| 2022-12 | Frandsen Bank and Trust | Sno*****LLC | Bloomington, MN | $183,000 |
| 2022-10 | First Bank of the Lake | MJ2*****Inc | CLOQUET, MN | $945,000 |
| 2022-10 | Neighborhood National Bank | M&H*****nc. | Saint Cloud, MN | $673,200 |
| 2022-10 | First Bank of the Lake | MJ2*****nc. | CLOQUET, MN | $25,000 |
| 2022-09 | Minnwest Bank | Cop*****.C. | SAUK RAPIDS, MN | $100,000 |
| 2022-09 | Hiawatha National Bank | 413*****LLC | MINNEAPOLIS, MN | $1,765,000 |
| 2022-02 | First Citizens Bank | Nor*****cor | PEQUOT LAKES, MN | $130,800 |
| 2022-02 | First Citizens Bank | Nor*****cor | PEQUOT LAKES, MN | $42,500 |
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