SBA Loans in Balaton, MN

Explore recent SBA 7(a) and 504 lending activity in Balaton. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans

all programs

Approved $

$3.3M

last 24 months

Avg loan

$298K

median $245K

Active lenders

approved here

Jobs supported

cumulative

Loan activity map

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BALATON · 11 LOANS

Top lenders in Balaton

First Independent Bank

BankUnited, National Association

Currie State Bank

Dakota Business Finance

Minnwest Bank

U.S. Bank, National Association

Top industries in Balaton

Gasoline Stations with Convenience Stores

Beef Cattle Ranching and Farming

Convenience Stores

Excavation Contractors

General Automotive Repair

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Loan records · Balaton, MN

11 records

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Borrower

Location

Program

Industry

Fricke Environmental Company Minnwest Bank

Balaton, MN

56115

$850,000

$121K

7(a)

Solid Waste Collection

2017-12-27

BC & RJ Incorporated BankUnited, National Association

Balaton, MN

56115

$549,000

–

7(a)

Gasoline Stations with Convenience Stores

2019-09-20

Southwest Insurance Services, LLC U.S. Bank, National Association

Balaton, MN

56115

$431,000

$431K

7(a)

Insurance Agencies and Brokerages

2024-04-26

Jonathan D Janssen and Rachel R Janssen Currie State Bank

Balaton, MN

56115

$395,000

$198K

7(a)

General Automotive Repair

2012-08-09

Lucas Erickson Dakota Business Finance

Balaton, MN

56115

$385,000

$193K

504

Beef Cattle Ranching and Farming

2022-08-08

DI'S LAKESIDE First Independent Bank

Balaton, MN

56115

$240,000

–

7(a)

Gasoline Stations with Convenience Stores

2001-07-23

DI'S LAKESIDE First Independent Bank

Balaton, MN

56115

$150,000

–

7(a)

Gasoline Stations with Convenience Stores

2001-05-30

SOUTHWEST EXCAVATORS INC First Independent Bank

Balaton, MN

56115

$100,000

–

7(a)

Excavation Contractors

1999-04-30

Jennifer M. Kaup First Independent Bank

Balaton, MN

56115

$95,000

–

7(a)

Convenience Stores

2005-04-20

JAY'S TRUCK First Independent Bank

Balaton, MN

56115

$48,300

–

7(a)

–

1997-10-21

WOOD'S PLUMBING First Independent Bank

Balaton, MN

56115

$36,500

–

7(a)

Plumbing, Heating, and Air Conditioning Contractors

1998-07-17

Fricke Environmental Company

Balaton, MN · 56115

$850,000

7(a)

Minnwest Bank$121K/job · 2017-12-27

BankUnited, National Association2019-09-20

Southwest Insurance Services, LLC

Balaton, MN · 56115

$431,000

7(a)

U.S. Bank, National Association$431K/job · 2024-04-26

Jonathan D Janssen and Rachel R Janssen

Balaton, MN · 56115

$395,000

7(a)

Currie State Bank$198K/job · 2012-08-09

Dakota Business Finance$193K/job · 2022-08-08

First Independent Bank2001-07-23

First Independent Bank2001-05-30

SOUTHWEST EXCAVATORS INC

Balaton, MN · 56115

$100,000

7(a)

First Independent Bank1999-04-30

First Independent Bank2005-04-20

First Independent Bank1997-10-21

First Independent Bank1998-07-17

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