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 |
|---|---|---|---|---|
| 2025-08 | Ultima Bank Minnesota | Mov*****LLC | THIEF RIVER FALLS, MN | $347,000 |
| 2025-05 | Stearns Bank National Association | MY****NC. | ROSEVILLE, MN | $50,000 |
| 2025-04 | Newtek Bank, National Association | HOU***** MN | KASSON, MN | $50,000 |
| 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 |
| 2023-08 | 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 |
| 2022-07 | 21st Century Bank | Min*****LLC | Blaine, MN | $100,000 |
| 2021-08 | Prime Security Bank | I.M*****NC. | ST. LOUIS PARK, MN | $163,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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