SBA Loans in Elbow Lake, MN

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

$3.2M

last 24 months

Avg loan

$176K

median $245K

Active lenders

approved here

Jobs supported

156

cumulative

Loan activity map

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ELBOW LAKE · 18 LOANS

Top lenders in Elbow Lake

Star Bank

BMO Bank National Association

Midwest Business Finance Corporation

Wells Fargo Bank National Association

American Federal Bank

Eagle Bank

Top industries in Elbow Lake

"Automotive Body, Paint, and Interior Repair and Maintenance"

All Other Specialty Trade Contractors

Drinking Places (Alcoholic Beverages)

Full-Service Restaurants

Limited-Service Restaurants

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Loan records · Elbow Lake, MN

18 records

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Borrower

Location

Program

Industry

BEYER'S TIRE & REPAIR, INC.Kensington Bank

Elbow Lake, MN

56531

$600,000

–

7(a)

Automotive Parts and Accessories Stores

2005-08-24

Environmental Sentry Protection BMO Bank National Association

Elbow Lake, MN

56531

$491,000

$45K

7(a)

Investigation Services

2025-07-28

Cross Country Construction, LLC Star Bank

Elbow Lake, MN

56531

$350,000

$4K

7(a)

All Other Specialty Trade Contractors

2011-04-22

DEAN'S SUPER VALU Midwest Business Finance Corporation

Elbow Lake, MN

56531

$291,000

$22K

504

Supermarkets and Other Grocery (except Convenience) Stores

1998-11-13

CROSS COUNTRY CONSTRUCTION, LL Star Bank

Elbow Lake, MN

56531

$250,000

$16K

7(a)

All Other Specialty Trade Contractors

2007-04-19

PRAIRIE AIR INC First Western Bank & Trust

Elbow Lake, MN

56531

$250,000

$63K

7(a)

Other Personal and Household Goods Repair and Maintenance

2020-09-15

Elbow Lake Plumbing and Heating, Inc.Viking Bank National Association

Elbow Lake, MN

56531

$190,000

$38K

7(a)

"Plumbing, Heating, and Air-Conditioning Contractors"

2011-04-27

RUPPS UNIQUE AUTO BODY BMO Bank National Association

Elbow Lake, MN

56531

$160,000

$40K

7(a)

"Automotive Body, Paint, and Interior Repair and Maintenance"

2004-03-29

TRAM HOSPITALITY, INC Star Bank

Elbow Lake, MN

56531

$150,000

–

7(a)

Full-Service Restaurants

2002-03-29

ELBOW INN Wells Fargo Bank National Association

Elbow Lake, MN

56531

$105,000

–

7(a)

Limited-Service Restaurants

2007-03-20

Knotty Pine Grill Midwest Business Finance Corporation

Elbow Lake, MN

56531

$85,000

$21K

504

Full-Service Restaurants

2009-09-22

SOMEPLACE ELSE Star Bank

Elbow Lake, MN

56531

$59,700

–

7(a)

Drinking Places (Alcoholic Beverages)

1998-09-23

PRAIRIE AIR INC American Federal Bank

Elbow Lake, MN

56531

$50,000

$17K

7(a)

Other Airport Operations

2008-05-20

HENGEL DESIGN & CONSTRUCTION,Eagle Bank

Elbow Lake, MN

56531

$45,000

–

7(a)

Structural Steel Erection Contractors

1999-09-03

PET DESIGN ON 79 Star Bank

Elbow Lake, MN

56351

$31,000

–

7(a)

Pet Care (except Veterinary) Services

2003-04-17

N & S INCORP Wells Fargo Bank National Association

Elbow Lake, MN

56531

$25,000

$2K

7(a)

Limited-Service Restaurants

2007-04-11

FLIP'S AUTO BODY Star Bank

Elbow Lake, MN

56531

$18,700

–

7(a)

"Automotive Body, Paint, and Interior Repair and Maintenance"

1998-01-15

RTCL, INC.Star Bank

Elbow Lake, MN

56531

$10,000

–

7(a)

Drinking Places (Alcoholic Beverages)

1999-02-02

BEYER'S TIRE & REPAIR, INC.

Elbow Lake, MN · 56531

$600,000

7(a)

Kensington Bank2005-08-24

Environmental Sentry Protection

Elbow Lake, MN · 56531

$491,000

7(a)

BMO Bank National Association$45K/job · 2025-07-28

Cross Country Construction, LLC

Elbow Lake, MN · 56531

$350,000

7(a)

Star Bank$4K/job · 2011-04-22

DEAN'S SUPER VALU

Elbow Lake, MN · 56531

$291,000

504

Midwest Business Finance Corporation$22K/job · 1998-11-13

CROSS COUNTRY CONSTRUCTION, LL

Elbow Lake, MN · 56531

$250,000

7(a)

Star Bank$16K/job · 2007-04-19

PRAIRIE AIR INC

Elbow Lake, MN · 56531

$250,000

7(a)

First Western Bank & Trust$63K/job · 2020-09-15

Elbow Lake Plumbing and Heating, Inc.

Elbow Lake, MN · 56531

$190,000

7(a)

Viking Bank National Association$38K/job · 2011-04-27

RUPPS UNIQUE AUTO BODY

Elbow Lake, MN · 56531

$160,000

7(a)

BMO Bank National Association$40K/job · 2004-03-29

TRAM HOSPITALITY, INC

Elbow Lake, MN · 56531

Elbow Lake, MN · 56531

$105,000

7(a)

Wells Fargo Bank National Association2007-03-20

Knotty Pine Grill

Elbow Lake, MN · 56531

$85,000

504

Midwest Business Finance Corporation$21K/job · 2009-09-22

SOMEPLACE ELSE

Elbow Lake, MN · 56531

Elbow Lake, MN · 56531

$50,000

7(a)

American Federal Bank$17K/job · 2008-05-20

HENGEL DESIGN & CONSTRUCTION,

Elbow Lake, MN · 56531

Elbow Lake, MN · 56351

Elbow Lake, MN · 56531

$25,000

7(a)

Wells Fargo Bank National Association$2K/job · 2007-04-11

FLIP'S AUTO BODY

Elbow Lake, MN · 56531

Elbow Lake, MN · 56531

$10,000

7(a)

Star Bank1999-02-02

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