SBA Loans for Securities Brokerage in Minnesota: Top Lenders
NAICS 523NAICS 523 covers securities brokerage businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
6
in Minnesota
Median Loan Size
$242,250
per approval
Recent Activity
0
last 90 days through Dec 2024
NAICS 523 covers securities brokerage businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $242,250.
Key trends & insights
- Securities Brokerage in Minnesota lending is concentrated — U.s. Bank, National Association, Hanover Community Bank, Bell Bank together account for 67% of all approvals. If you're in this industry, these are your highest-probability lenders.
- U.s. Bank, National Association leads this industry with 2 approvals (33% market share) and a median loan of $32,500.
- SBA data for this industry goes through 2024-12-12 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Securities Brokerage in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $32,500 | |
| 2 | 1 | $592,600 | |
| 3 | 1 | $409,500 | |
| 4 | 1 | $75,000 | |
| 5 | 1 | $1,185,000 |
Recent SBA 7(a) approvals for Securities Brokerage in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-12 | Hanover Community Bank | Mat*****uts | Plymouth, MN | $592,600 |
| 2024-02 | U.S. Bank, National Association | TYR****LLC | MINNEAPOLIS, MN | $50,000 |
| 2023-01 | Bell Bank | Mid*****LLC | ADA, MN | $409,500 |
| 2022-05 | Falcon National Bank | Kee*****LLC | Edina, MN | $392,000 |
| 2021-12 | Live Oak Banking Company | Mar*****LLC | DULUTH, MN | $730,000 |
| 2021-03 | Live Oak Banking Company | JMa*****LLC | MAPLE GROVE, MN | $1,185,000 |
| 2020-03 | U.S. Bank, National Association | BEN*****IAL | SAINT PAUL, MN | $15,000 |
| 2019-12 | Woodlands National Bank | Sta*****Inc | Minneapolis, MN | $75,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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