SBA Loans for Offices of Physicians (except Mental Health Specialists) in Minnesota: Top Lenders
NAICS 621NAICS 621 covers offices of dentists businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
132
in Minnesota
Median Loan Size
$171,000
per approval
Recent Activity
8
last 90 days through Dec 2025
NAICS 621 covers offices of dentists businesses. This is a moderately active sector for SBA 7(a) lending with 132 approvals and a median loan size of $171,000.
Key trends & insights
- Bankvista leads this industry with 17 approvals (15% market share) and a median loan of $100,000.
- Offices of Physicians (except Mental Health Specialists) in Minnesota loans skew smaller than the SBA average at $171,000 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 Offices of Physicians (except Mental Health Specialists) in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 17 | $100,000 | |
| 2 | 13 | $25,000 | |
| 3 | 13 | $250,000 | |
| 4 | 11 | $36,000 | |
| 5 | 9 | $193,000 | |
| 6 | 9 | $255,600 | |
| 7 | 6 | $145,000 | |
| 8 | 5 | $15,000 | |
| 9 | 4 | $1,200,000 | |
| 10 | 3 | $226,900 | |
| 11 | 2 | $1,144,000 | |
| 12 | 2 | $500,000 | |
| 13 | 2 | $92,500 | |
| 14 | 2 | $10,000 | |
| 15 | 2 | $105,000 | |
| 16 | 2 | $249,250 | |
| 17 | 2 | $731,250 | |
| 18 | 2 | $610,600 | |
| 19 | 2 | $65,000 | |
| 20 | 2 | $800,000 |
Recent SBA 7(a) approvals for Offices of Physicians (except Mental Health Specialists) in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Old National Bank | McS*****LLC | EXCELSIOR, MN | $50,000 |
| 2025-12 | Old National Bank | McS*****LLC | EXCELSIOR, MN | $196,000 |
| 2025-12 | Northeast Bank | Chr*****lfe | St Paul, MN | $25,000 |
| 2025-12 | Old National Bank | Fam*****td. | Coon Rapids, MN | $852,000 |
| 2025-12 | Old National Bank | Fam*****td. | Coon Rapids, MN | $200,000 |
| 2025-11 | Northeast Bank | LOY*****LLC | MINNEAPOLIS, MN | $350,000 |
| 2025-11 | Newtek Bank, National Association | Hea*****LLC | MINNETONKA, MN | $100,000 |
| 2025-11 | Newtek Bank, National Association | Who*****Inc | Rosemount, MN | $65,000 |
| 2025-11 | Readycap Lending, LLC | JEN*****LLC | HERMANTOWN, MN | $22,000 |
| 2025-09 | Northeast Bank | 1-D*****Inc | Saint Paul, MN | $150,000 |
| 2025-09 | Live Oak Banking Company | Asp*****LLC | EDEN PRAIRIE, MN | $4,950,000 |
| 2025-09 | Readycap Lending, LLC | Eve*****LLC | Golden Valley, MN | $50,000 |
| 2025-09 | Celtic Bank Corporation | Sum*****.C. | OAKDALE, MN | $75,000 |
| 2025-09 | Northeast Bank | Eve*****LLC | Golden Valley, MN | $87,500 |
| 2025-09 | First Bank & Trust | ABL*****LLC | SAINT ANTHONY, MN | $4,788,700 |
| 2025-08 | Northeast Bank | Hea*****LLC | BROOKLYN PARK, MN | $212,000 |
| 2025-08 | U.S. Bank, National Association | ONP*****LLC | MAPLE GROVE, MN | $36,000 |
| 2025-08 | Celtic Bank Corporation | iBa*****LLC | ELK RIVER, MN | $71,000 |
| 2025-08 | U.S. Bank, National Association | ELI*****LLC | SAINT PAUL, MN | $25,000 |
| 2025-08 | BankCherokee | Aks*****LLC | SAINT PAUL, MN | $1,250,000 |
| 2025-08 | 21st Century Bank | Evo*****LLC | MINNEAPOLIS, MN | $340,000 |
| 2025-08 | Northeast Bank | DOW*****LLC | Minneapolis, MN | $350,000 |
| 2025-08 | Wells Fargo Bank National Association | MAR*****LLC | COLUMBUS, MN | $15,000 |
| 2025-08 | Live Oak Banking Company | CIR*****.C. | CIRCLE PINES, MN | $1,000,000 |
| 2025-08 | Northeast Bank | Ent*****LLC | SOUTH SAINT PAUL, MN | $685,000 |
| 2025-08 | Grasshopper Bank National Association | Ark*****LLC | SAINT PAUL, MN | $250,000 |
| 2025-07 | 21st Century Bank | Jes*****LLC | MINNEAPOLIS, MN | $100,000 |
| 2025-07 | St Cloud Financial Credit Union | Rej*****.A. | WAITE PARK, MN | $2,195,000 |
| 2025-07 | First Bank & Trust | ACM*****LLC | NEWPORT, MN | $315,000 |
| 2025-07 | The Huntington National Bank | THE*****LLC | MINNEAPOLIS, MN | $66,000 |
| 2025-07 | American National Bank | Ros*****LLC | MINNEAPOLIS, MN | $423,000 |
| 2025-07 | Wells Fargo Bank National Association | HAV*****LLC | CHANHASSEN, MN | $15,000 |
| 2025-07 | Frandsen Bank and Trust | Ber*****LLC | Blaine, MN | $424,200 |
| 2025-07 | Frandsen Bank and Trust | Ber*****LLC | Blaine, MN | $100,000 |
| 2025-06 | BankVista | BAC*****.A. | BLOOMINGTON, MN | $640,000 |
| 2025-06 | BankVista | BAC*****.A. | BLOOMINGTON, MN | $25,000 |
| 2025-05 | U.S. Bank, National Association | NOR*****NC. | MINNEAPOLIS, MN | $500,000 |
| 2025-05 | The Huntington National Bank | Sol*****nc. | White Bear Lake, MN | $477,000 |
| 2025-05 | The Huntington National Bank | Sol*****nc. | WHITE BEAR LAKE, MN | $50,000 |
| 2025-05 | Newtek Bank, National Association | Ark*****LLC | St Paul, MN | $250,000 |
| 2025-04 | Coulee Bank | Flo***** C. | ROCHESTER, MN | $171,000 |
| 2025-04 | Newtek Bank, National Association | Ree*****LLC | Edina, MN | $450,000 |
| 2025-04 | Stearns Bank National Association | EYE*****.A. | SAINT CLOUD, MN | $50,000 |
| 2025-04 | Alerus Financial, National Association | Rem*****LLC | Maple Grove, MN | $447,000 |
| 2025-04 | Merchants Bank, National Association | Gud*****LLC | Winona, MN | $161,200 |
| 2025-04 | Frandsen Bank and Trust | Bri*****LLC | Roseville, MN | $2,353,000 |
| 2025-04 | Live Oak Banking Company | Swe*****LC. | GOLDEN VALEY, MN | $400,000 |
| 2025-03 | MY CU | LW**LLC | Saint Paul, MN | $586,300 |
| 2025-03 | BankVista | Ari*****nc. | SAINT CLOUD, MN | $150,000 |
| 2025-03 | Old National Bank | Cra*****LLC | INVER GROVE HEIGHTS, MN | $962,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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