SBA Loans in Clear Lake, MN

Explore recent SBA 7(a) and 504 lending activity in Clear Lake. 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 Clear Lake

Total SBA loans

all programs

Approved $

$15.0M

last 24 months

Avg loan

$212K

median $245K

Active lenders

approved here

Jobs supported

670

cumulative

Loan activity map

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CLEAR LAKE · 71 LOANS

Top lenders in Clear Lake

Falcon National Bank

Midwest Business Finance Corporation

U.S. Bank, National Association

Wells Fargo Bank National Association

21st Century Bank

Stearns Bank National Association

Top industries in Clear Lake

Wireless Telecommunications Carriers (except Satellite)

Residential Remodelers

"Specialized Freight (except Used Goods) Trucking, Long-Distance"

Full-Service Restaurants

Gasoline Stations with Convenience Stores

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Loan records · Clear Lake, MN

71 records

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Borrower

Location

Program

Industry

Brian L Goenner Wells Fargo Bank National Association

Clear Lake, MN

55319

$1,299,300

$650K

7(a)

Potato Farming

2018-02-08

S & S Pitstop, Inc.Stearns Bank National Association

Clear Lake, MN

55319

$1,147,000

$82K

7(a)

–

1999-11-17

McDonald's Meats, Inc.Midwest Business Finance Corporation

Clear Lake, MN

55319

$1,112,000

$70K

504

Meat Markets

2017-08-17

Sola Fide, LLC Sherburne State Bank

Clear Lake, MN

55319

$994,000

$62K

7(a)

Gasoline Stations with Convenience Stores

2013-12-18

WipperBLS Inc Falcon National Bank

Clear Lake, MN

55319

$970,000

–

7(a)

Gasoline Stations with Convenience Stores

2019-10-25

X-Seed Inc.Old National Bank

Clear Lake, MN

55319

$700,000

$233K

7(a)

Farm Supplies Merchant Wholesalers

2012-01-11

Palmer Wireless, LLC Falcon National Bank

Clear Lake, MN

55319

$560,000

$70K

7(a)

Wireless Telecommunications Carriers (except Satellite)

2018-01-25

Brickyard Bar & Grill Midwest Business Finance Corporation

Clear Lake, MN

55319

$513,000

$34K

504

Full-Service Restaurants

2023-02-22

Elyte Tool, LLC Sherburne State Bank

Clear Lake, MN

55319

$509,100

$73K

7(a)

Wholesale Trade Agents and Brokers

2025-08-28

Eddie’s Auto Repair L. L. C.Midwest Business Finance Corporation

Clear Lake, MN

55319

$478,000

$239K

504

"All Other Professional, Scientific, and Technical Services"

2023-08-09

FITNESS 101 American National Bank of Minnesota

Clear Lake, MN

55319

$418,800

$4K

7(a)

Fitness and Recreational Sports Centers

2008-05-28

Palmer Wireless, LLC Falcon National Bank

Clear Lake, MN

55319

$411,300

$137K

7(a)

Wireless Telecommunications Carriers (except Satellite)

2014-10-29

LAKE CREST DAIRY Midwest Business Finance Corporation

Clear Lake, MN

55319

$401,000

$57K

504

–

1995-10-23

LAKEVIEW CARE CENTER INC Associated Bank, National Association

Clear Lake, MN

55319

$330,000

–

7(a)

–

1995-02-16

Culver's of Lexington Meadows Bank Five Nine

Clear Lake, MN

55319

$300,000

$5K

7(a)

Limited-Service Restaurants

2023-03-17

Core Wireless Group, LLC Old National Bank

Clear Lake, MN

55319

$300,000

$27K

7(a)

Wireless Telecommunications Carriers (except Satellite)

2008-11-25

Frey inc BankVista

Clear Lake, MN

55319

$272,200

$9K

7(a)

Full-Service Restaurants

2023-03-20

Commercial Welding and Machining, Inc.Midwest Business Finance Corporation

Clear Lake, MN

55319

$259,000

$86K

504

Machine Shops

2017-06-09

TEAM SNO-QUEST LLC Falcon National Bank

Clear Lake, MN

55319

$250,000

$250K

7(a)

Motion Picture and Video Production

2006-11-01

Commercial Welding and Machining, Inc.Midwest Business Finance Corporation

Clear Lake, MN

55319

$235,000

$34K

504

Machine Shops

2020-08-11

Palmer Wireless, LLC Falcon National Bank

Clear Lake, MN

55319

$225,000

$45K

7(a)

Wireless Telecommunications Carriers (except Satellite)

2015-06-09

SUPREME LAWN AND LANDSCAPING, INC.American Heritage National Bank

Clear Lake, MN

55319

$208,000

$14K

7(a)

Landscaping Services

2000-02-29

Core Wireless Group, LLC Old National Bank

Clear Lake, MN

55319

$200,000

$9K

7(a)

Wireless Telecommunications Carriers (except Satellite)

2009-10-27

Legacy Remodeling and Exteriors, LLC 21st Century Bank

Clear Lake, MN

55319

$200,000

$67K

7(a)

Residential Remodelers

2010-05-03

Palmer Holdings LLC Falcon National Bank

Clear Lake, MN

55319

$175,000

$58K

7(a)

Wireless Telecommunications Carriers (except Satellite)

2014-10-30

Brian L Goenner

Clear Lake, MN · 55319

$1,299,300

7(a)

Wells Fargo Bank National Association$650K/job · 2018-02-08

S & S Pitstop, Inc.

Clear Lake, MN · 55319

$1,147,000

7(a)

Stearns Bank National Association$82K/job · 1999-11-17

McDonald's Meats, Inc.

Clear Lake, MN · 55319

$1,112,000

504

Midwest Business Finance Corporation$70K/job · 2017-08-17

Sola Fide, LLC

Clear Lake, MN · 55319

$994,000

7(a)

Sherburne State Bank$62K/job · 2013-12-18

WipperBLS Inc

Clear Lake, MN · 55319

$970,000

7(a)

Falcon National Bank2019-10-25

X-Seed Inc.

Clear Lake, MN · 55319

$700,000

7(a)

Old National Bank$233K/job · 2012-01-11

Palmer Wireless, LLC

Clear Lake, MN · 55319

$560,000

7(a)

Falcon National Bank$70K/job · 2018-01-25

Brickyard Bar & Grill

Clear Lake, MN · 55319

$513,000

504

Midwest Business Finance Corporation$34K/job · 2023-02-22

Elyte Tool, LLC

Clear Lake, MN · 55319

$509,100

7(a)

Sherburne State Bank$73K/job · 2025-08-28

Eddie’s Auto Repair L. L. C.

Clear Lake, MN · 55319

$478,000

504

Midwest Business Finance Corporation$239K/job · 2023-08-09

FITNESS 101

Clear Lake, MN · 55319

$418,800

7(a)

American National Bank of Minnesota$4K/job · 2008-05-28

Palmer Wireless, LLC

Clear Lake, MN · 55319

$411,300

7(a)

Falcon National Bank$137K/job · 2014-10-29

LAKE CREST DAIRY

Clear Lake, MN · 55319

$401,000

504

Midwest Business Finance Corporation$57K/job · 1995-10-23

LAKEVIEW CARE CENTER INC

Clear Lake, MN · 55319

$330,000

7(a)

Associated Bank, National Association1995-02-16

Culver's of Lexington Meadows

Clear Lake, MN · 55319

$300,000

7(a)

Bank Five Nine$5K/job · 2023-03-17

Core Wireless Group, LLC

Clear Lake, MN · 55319

$300,000

7(a)

Old National Bank$27K/job · 2008-11-25

Frey inc

Clear Lake, MN · 55319

$272,200

7(a)

BankVista$9K/job · 2023-03-20

Commercial Welding and Machining, Inc.

Clear Lake, MN · 55319

$259,000

504

Midwest Business Finance Corporation$86K/job · 2017-06-09

TEAM SNO-QUEST LLC

Clear Lake, MN · 55319

$250,000

7(a)

Falcon National Bank$250K/job · 2006-11-01

Commercial Welding and Machining, Inc.

Clear Lake, MN · 55319

$235,000

504

Midwest Business Finance Corporation$34K/job · 2020-08-11

Palmer Wireless, LLC

Clear Lake, MN · 55319

$225,000

7(a)

Falcon National Bank$45K/job · 2015-06-09

SUPREME LAWN AND LANDSCAPING, INC.

Clear Lake, MN · 55319

$208,000

7(a)

American Heritage National Bank$14K/job · 2000-02-29

Core Wireless Group, LLC

Clear Lake, MN · 55319

$200,000

7(a)

Old National Bank$9K/job · 2009-10-27

Legacy Remodeling and Exteriors, LLC

Clear Lake, MN · 55319

$200,000

7(a)

21st Century Bank$67K/job · 2010-05-03

Palmer Holdings LLC

Clear Lake, MN · 55319

$175,000

7(a)

Falcon National Bank$58K/job · 2014-10-30

1–25 of 71

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