SBA Loans for Dance Companies in Minnesota: Top Lenders
NAICS 711NAICS 711 covers dance companies businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
9
in Minnesota
Median Loan Size
$50,000
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 711 covers dance companies businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $50,000.
Key trends & insights
- Wells Fargo Bank, National Association leads this industry with 2 approvals (22% market share) and a median loan of $15,000.
- Dance Companies in Minnesota loans skew smaller than the SBA average at $50,000 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 Dance Companies in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $15,000 | |
| 2 | 1 | $40,000 | |
| 3 | 1 | $75,000 | |
| 4 | 1 | $25,000 | |
| 5 | 1 | $50,000 | |
| 6 | 1 | $347,000 | |
| 7 | 1 | $50,000 | |
| 8 | 1 | $163,500 |
Recent SBA 7(a) approvals for Dance Companies in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | BankVista | WAY*****LTS | CHASKA, MN | $118,000 |
| 2025-11 | Northeast Bank | RIV***** C. | Minneapolis, MN | $40,000 |
| 2025-11 | Readycap Lending, LLC | JJ***LLC | Big Lake, MN | $350,000 |
| 2025-09 | The Huntington National Bank | ANT*****LLC | MINNEAPOLIS, MN | $15,000 |
| 2025-09 | BankVista | TRI*****LLC | JORDAN, MN | $50,000 |
| 2025-09 | U.S. Bank, National Association | Twi*****LLC | FARMINGTON, MN | $310,000 |
| 2025-09 | U.S. Bank, National Association | Twi*****LLC | FARMINGTON, MN | $310,000 |
| 2025-08 | Platinum Bank | Bal*****nc. | MINNEAPOLIS, MN | $888,000 |
| 2025-08 | Ultima Bank Minnesota | Mov*****LLC | THIEF RIVER FALLS, MN | $347,000 |
| 2025-07 | Sunrise Banks National Association | Ava****LLC | SAINT PAUL, MN | $3,406,800 |
| 2025-05 | Stearns Bank National Association | MY****NC. | ROSEVILLE, MN | $50,000 |
| 2025-04 | Newtek Bank, National Association | HOU***** MN | KASSON, MN | $50,000 |
| 2025-01 | 21st Century Bank | MAE*****LLC | ANDOVER, MN | $100,000 |
| 2024-09 | The Huntington National Bank | MIN*****LLC | EDEN PRAIRIE, MN | $30,000 |
| 2024-07 | Newtek Bank, National Association | WAR*****LLC | Delano, MN | $100,000 |
| 2024-06 | Choice Financial Group | Div*****nce | NORTHFIELD, MN | $500,000 |
| 2024-05 | Northeast Bank | The*****LLC | SAINT PAUL, MN | $25,000 |
| 2023-11 | Wells Fargo Bank National Association | HOL*****LLC | COTTAGE GROVE, MN | $15,000 |
| 2023-10 | U.S. Bank, National Association | COD*****GES | SAINT PAUL, MN | $16,000 |
| 2023-09 | Readycap Lending, LLC | Pun*****sic | Cottage Grove, MN | $50,000 |
| 2023-08 | U.S. Bank, National Association | SHO*****LLC | EDEN PRAIRIE, MN | $40,000 |
| 2023-05 | American National Bank of Minnesota | Wes*****LLC | ALEXANDRIA, MN | $75,000 |
| 2023-01 | Wells Fargo Bank National Association | K D*****ONS | STILLWATER, MN | $15,000 |
| 2022-12 | Wells Fargo Bank National Association | CHA*****INC | MINNEAPOLIS, MN | $15,000 |
| 2022-11 | Falcon National Bank | Har*****LLC | Saint Cloud, MN | $281,300 |
| 2022-08 | Security Bank & Trust Company | Her*****nc. | Bloomington, MN | $700,000 |
| 2022-08 | Magnifi Financial CU | Nat*****LLC | SAINT PAUL, MN | $100,000 |
| 2022-07 | 21st Century Bank | Min*****LLC | Blaine, MN | $100,000 |
| 2022-06 | BankVista | Jub*****nc. | EDEN PRAIRIE, MN | $346,600 |
| 2022-03 | U.S. Bank, National Association | MID*****LLC | SAINT PAUL, MN | $14,000 |
| 2021-08 | Prime Security Bank | I.M*****NC. | ST. LOUIS PARK, MN | $163,500 |
| 2021-07 | Platinum Bank | The*****LLC | SAINT PAUL, MN | $175,000 |
| 2021-06 | Village Bank | TFP*****LLC | MINNEAPOLIS, MN | $376,900 |
| 2021-04 | Falcon National Bank | Stu*****LLC | SARTELL, MN | $695,000 |
| 2020-09 | Northeast Entrepreneur Fund, Inc. | The*****Inc | Brainerd, MN | $164,400 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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