SBA Loans in Blackduck, MN

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

Browse all loans Find lenders in Blackduck

Total SBA loans

all programs

Approved $

$15.1M

last 24 months

Avg loan

$279K

median $245K

Active lenders

approved here

Jobs supported

707

cumulative

Loan activity map

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BLACKDUCK · 54 LOANS

Top lenders in Blackduck

Wells Fargo Bank National Association

Security Bank USA

Midwest Business Finance Corporation

Deerwood Bank

National Bank of Commerce

Ultima Bank Minnesota

Top industries in Blackduck

Logging

Curtain and Drapery Mills

Hotels (except Casino Hotels) and Motels

Gasoline Stations with Convenience Stores

"Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers"

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Loan records · Blackduck, MN

54 records

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Borrower

Location

Program

Industry

Northwoods Lumber Company Security Bank USA

Blackduck, MN

56630

$1,500,000

$75K

7(a)

Home Centers

2017-06-08

ANDERSON FABRICS, INC.Bank Forward

Blackduck, MN

56630

$1,438,000

$7K

7(a)

Curtain and Drapery Mills

2009-12-14

Mckenzie Adams Investments, LLC Security Bank USA

Blackduck, MN

56630

$1,098,900

$37K

7(a)

Gasoline Stations with Convenience Stores

2018-11-02

M&M Logging & Son, Inc.Deerwood Bank

Blackduck, MN

56630

$1,040,000

$173K

7(a)

Logging

2014-10-14

Naughton Properties LLC National Bank of Commerce

Blackduck, MN

56630

$1,000,000

$83K

7(a)

General Automotive Repair

2019-07-25

ANDERSON FABRICS, INC.Wells Fargo Bank National Association

Blackduck, MN

56630

$675,000

–

7(a)

Curtain and Drapery Mills

1992-03-24

ANDERSON FABRICS, INC.Deerwood Bank

Blackduck, MN

56630

$600,000

–

7(a)

Curtain and Drapery Mills

2002-04-19

ANDERSON AMERICINN, INC.Wells Fargo Bank National Association

Blackduck, MN

56630

$566,500

–

7(a)

–

1991-02-22

BECK OIL COMPANY INC Wells Fargo Bank National Association

Blackduck, MN

56630

$560,000

–

7(a)

–

1994-11-09

Timberline Sports, Inc Midwest Business Finance Corporation

Blackduck, MN

56630

$541,000

$271K

504

Convenience Stores

2018-10-22

Serenity Living Solutions, Inc.Midwest Business Finance Corporation

Blackduck, MN

56630

$434,000

$31K

504

Homes for the Elderly

2022-02-25

Kitchi Landing Resort Midwest Business Finance Corporation

Blackduck, MN

56630

$365,000

–

504

Recreational and Vacation Camps (except Campgrounds)

2020-07-10

Anderson Fabrics Inc.Bank Forward

Blackduck, MN

56630

$350,000

$2K

7(a)

Curtain and Drapery Mills

2010-01-06

Lone Oak Logging Inc Security Bank USA

Blackduck, MN

56630

$350,000

$175K

7(a)

Logging

2019-04-25

HIDE OUT RESORT Stearns Bank National Association

Blackduck, MN

56630

$345,000

$173K

7(a)

Recreational and Vacation Camps (except Campgrounds)

2000-07-19

MAX MINI STORE INC Wells Fargo Bank National Association

Blackduck, MN

56630

$295,000

–

7(a)

–

1996-10-29

TOMAHAWK LODGE Midwest Business Finance Corporation

Blackduck, MN

56630

$261,000

$33K

504

All Other Traveler Accommodation

2003-04-02

Serenity Living Solutions, Inc.Midwest Business Finance Corporation

Blackduck, MN

56630

$252,000

–

504

Homes for the Elderly

2015-06-03

Aron K. Boreen & Talisha T. Boreen Deerwood Bank

Blackduck, MN

56630

$245,000

$82K

7(a)

Logging

2013-06-25

SEVERN, INC.Midwest Business Finance Corporation

Blackduck, MN

56630

$226,000

$113K

504

Supermarkets and Other Grocery (except Convenience) Stores

2001-06-11

Mahaffey Management, LLC National Bank of Commerce

Blackduck, MN

56630

$225,000

$56K

7(a)

RV (Recreational Vehicle) Parks and Campgrounds

2009-08-17

World Wood Products LLC National Bank of Commerce

Blackduck, MN

56630

$200,000

$100K

7(a)

"Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers"

2012-05-02

Hide Out Resort Midwest Business Finance Corporation

Blackduck, MN

56630

$192,000

–

504

Hotels (except Casino Hotels) and Motels

2010-03-01

NORTHERN FAMILY RESTAURANT The First National Bank of Bemidji

Blackduck, MN

56630

$189,000

–

7(a)

–

1994-02-24

DRAKE MOTEL Wells Fargo Bank National Association

Blackduck, MN

56630

$150,000

$50K

7(a)

Hotels (except Casino Hotels) and Motels

2001-11-09

Northwoods Lumber Company

Blackduck, MN · 56630

$1,500,000

7(a)

Security Bank USA$75K/job · 2017-06-08

ANDERSON FABRICS, INC.

Blackduck, MN · 56630

$1,438,000

7(a)

Bank Forward$7K/job · 2009-12-14

Mckenzie Adams Investments, LLC

Blackduck, MN · 56630

$1,098,900

7(a)

Security Bank USA$37K/job · 2018-11-02

M&M Logging & Son, Inc.

Blackduck, MN · 56630

$1,040,000

7(a)

Deerwood Bank$173K/job · 2014-10-14

Naughton Properties LLC

Blackduck, MN · 56630

$1,000,000

7(a)

National Bank of Commerce$83K/job · 2019-07-25

ANDERSON FABRICS, INC.

Blackduck, MN · 56630

$675,000

7(a)

Wells Fargo Bank National Association1992-03-24

ANDERSON FABRICS, INC.

Blackduck, MN · 56630

$600,000

7(a)

Deerwood Bank2002-04-19

ANDERSON AMERICINN, INC.

Blackduck, MN · 56630

$566,500

7(a)

Wells Fargo Bank National Association1991-02-22

BECK OIL COMPANY INC

Blackduck, MN · 56630

$560,000

7(a)

Wells Fargo Bank National Association1994-11-09

Timberline Sports, Inc

Blackduck, MN · 56630

$541,000

504

Midwest Business Finance Corporation$271K/job · 2018-10-22

Serenity Living Solutions, Inc.

Blackduck, MN · 56630

$434,000

504

Midwest Business Finance Corporation$31K/job · 2022-02-25

Kitchi Landing Resort

Blackduck, MN · 56630

$365,000

504

Midwest Business Finance Corporation2020-07-10

Anderson Fabrics Inc.

Blackduck, MN · 56630

$350,000

7(a)

Bank Forward$2K/job · 2010-01-06

Lone Oak Logging Inc

Blackduck, MN · 56630

$350,000

7(a)

Security Bank USA$175K/job · 2019-04-25

HIDE OUT RESORT

Blackduck, MN · 56630

$345,000

7(a)

Stearns Bank National Association$173K/job · 2000-07-19

MAX MINI STORE INC

Blackduck, MN · 56630

$295,000

7(a)

Wells Fargo Bank National Association1996-10-29

TOMAHAWK LODGE

Blackduck, MN · 56630

$261,000

504

Midwest Business Finance Corporation$33K/job · 2003-04-02

Serenity Living Solutions, Inc.

Blackduck, MN · 56630

$252,000

504

Midwest Business Finance Corporation2015-06-03

Aron K. Boreen & Talisha T. Boreen

Blackduck, MN · 56630

$245,000

7(a)

Deerwood Bank$82K/job · 2013-06-25

SEVERN, INC.

Blackduck, MN · 56630

$226,000

504

Midwest Business Finance Corporation$113K/job · 2001-06-11

Mahaffey Management, LLC

Blackduck, MN · 56630

$225,000

7(a)

National Bank of Commerce$56K/job · 2009-08-17

World Wood Products LLC

Blackduck, MN · 56630

$200,000

7(a)

National Bank of Commerce$100K/job · 2012-05-02

Hide Out Resort

Blackduck, MN · 56630

$192,000

504

Midwest Business Finance Corporation2010-03-01

NORTHERN FAMILY RESTAURANT

Blackduck, MN · 56630

$189,000

7(a)

The First National Bank of Bemidji1994-02-24

DRAKE MOTEL

Blackduck, MN · 56630

$150,000

7(a)

Wells Fargo Bank National Association$50K/job · 2001-11-09

1–25 of 54

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