SBA Loans for NAICS 456 in Minnesota: Top Lenders

NAICS 456

Based on historical SBA 7(a) lending data.

Total Approvals

5

in Minnesota

Median Loan Size

$72,500

per approval

Recent Activity

0

last 90 days through Jul 2024

NAICS 456 encompasses naics 456 in minnesota businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $72,500.

Key trends & insights

  • NAICS 456 in Minnesota lending is concentrated — Affinity Plus FCU, U.s. Bank, National Association, First Western Bank & Trust together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Affinity Plus FCU leads this industry with 1 approvals (20% market share) and a median loan of $170,000.
  • NAICS 456 in Minnesota loans skew smaller than the SBA average at $72,500 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 2024-07-18 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for NAICS 456 in Minnesota

#LenderApprovalsMedian Size
11$170,000
21$12,000
31$72,500
41$849,000
51$55,000

Recent SBA 7(a) approvals for NAICS 456 in Minnesota

MonthLenderBorrowerAmount
2024-08Old National BankEdi*****LLC$442,400
2024-07First Western Bank & TrustTRI*****LLC$72,500
2023-11Celtic Bank CorporationAto*****ish$55,000
2023-02Seacoast National BankKB *****LLC$849,000
2022-11U.S. Bank, National AssociationLA *****LLC$12,000
2022-08Affinity Plus FCUMs.*****son$170,000

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

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