SBA Loans for Software Publishers in Minnesota: Top Lenders
NAICS 511NAICS 511 covers software publishers businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Minnesota
Median Loan Size
$35,000
per approval
Recent Activity
0
last 90 days through Jan 2022
NAICS 511 covers software publishers businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $35,000.
Key trends & insights
- Software Publishers in Minnesota loans skew smaller than the SBA average at $35,000 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 2022-01-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Software Publishers in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $35,000 |
Recent SBA 7(a) approvals for Software Publishers in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-09 | Frandsen Bank and Trust | Sec*****nc. | WACONIA, MN | $150,000 |
| 2022-03 | Wells Fargo Bank National Association | GP**RAX | LAKEVILLE, MN | $15,000 |
| 2022-01 | Highland Bank | Dyn*****LLC | Maple Grove, MN | $35,000 |
| 2021-09 | BankVista | OUT*****NC. | PLYMOUTH, MN | $500,000 |
| 2021-09 | BankVista | ODN*****INC | PLYMOUTH, MN | $1,989,000 |
| 2021-09 | Stearns Bank National Association | W2W*****LLC | SAINT CLOUD, MN | $1,500,000 |
| 2021-06 | Old National Bank | Cha*****Inc | Maple Grove, MN | $80,000 |
| 2021-06 | Old National Bank | Cha*****Inc | Maple Grove, MN | $170,000 |
| 2020-08 | United Prairie Bank | Ada*****roy | MADISON, MN | $130,000 |
| 2019-12 | Wells Fargo Bank National Association | DR.*****LLC | ROCHESTER, MN | $5,000 |
| 2019-11 | U.S. Bank, National Association | MOB*****LLC | INVER GROVE HEIGHTS, MN | $20,000 |
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