SBA Loans for Fuel Dealers in Minnesota: Top Lenders
NAICS 454NAICS 454 covers fuel dealers businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
13
in Minnesota
Median Loan Size
$115,000
per approval
Recent Activity
0
last 90 days through Aug 2022
NAICS 454 covers fuel dealers businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $115,000.
Key trends & insights
- Fuel Dealers in Minnesota lending is concentrated — Wells Fargo Bank, National Association, OLD National Bank, Bell Bank together account for 54% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Wells Fargo Bank, National Association leads this industry with 3 approvals (23% market share) and a median loan of $15,000.
- Fuel Dealers in Minnesota loans skew smaller than the SBA average at $115,000 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 2022-08-08 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Fuel Dealers in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $15,000 | |
| 2 | 3 | $150,000 | |
| 3 | 1 | $100,000 | |
| 4 | 1 | $9,600 | |
| 5 | 1 | $500,000 | |
| 6 | 1 | $150,000 | |
| 7 | 1 | $1,000,000 | |
| 8 | 1 | $541,000 | |
| 9 | 1 | $115,000 |
Recent SBA 7(a) approvals for Fuel Dealers in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-04 | MY CU | Cor*****LLC | STACY, MN | $50,000 |
| 2022-08 | Wells Fargo Bank National Association | B.L*****LLC | MINNEAPOLIS, MN | $15,000 |
| 2022-07 | Wells Fargo Bank National Association | SPE*****LLC | MINNEAPOLIS, MN | $10,000 |
| 2022-06 | BankVista | SNI*****INC | MINNEAPOLIS, MN | $500,000 |
| 2021-12 | U.S. Bank, National Association | Ven*****LLC | MINNEAPOLIS, MN | $139,500 |
| 2021-12 | U.S. Bank, National Association | Ven*****LLC | MINNEAPOLIS, MN | $139,800 |
| 2021-11 | U.S. Bank, National Association | SPE*****LLC | LAKE ELMO, MN | $9,600 |
| 2021-04 | Choice Financial Group | You*****nc. | SAINT PAUL, MN | $1,000,000 |
| 2021-04 | Bell Bank | Pro*****Inc | MINNEAPOLIS, MN | $100,000 |
| 2021-02 | Old National Bank | Eng*****LLC | Tracy, MN | $50,000 |
| 2021-02 | Old National Bank | Eng*****LLC | TRACY, MN | $1,267,600 |
| 2021-02 | Old National Bank | Eng*****LLC | Tracy, MN | $150,000 |
| 2020-11 | Wells Fargo Bank National Association | ULT*****LLC | SAINT PAUL, MN | $15,000 |
| 2020-08 | CorTrust Bank National Association | Oye*****LLC | SAINT PAUL, MN | $150,000 |
| 2020-04 | Granite Bank | Hol*****LLC | DAYTON, MN | $50,000 |
| 2020-04 | Frandsen Bank and Trust | Vog*****orp | Becker, MN | $541,000 |
| 2020-02 | BayFirst National Bank | Xio*****LLC | FARIBAULT, MN | $115,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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