SBA Loans in Elk River, MN

Explore recent SBA 7(a) and 504 lending activity in Elk River. 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 Elk River

Total SBA loans

429

all programs

Approved $

$150.3M

last 24 months

Avg loan

$350K

median $245K

Active lenders

approved here

Jobs supported

4,174

cumulative

Loan activity map

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ELK RIVER · 429 LOANS

Top lenders in Elk River

U.S. Bank, National Association

Wells Fargo Bank National Association

The Bank of Elk River

First Bank Elk River

Midwest Business Finance Corporation

Old National Bank

Top industries in Elk River

Offices of Chiropractors

Poured Concrete Foundation and Structure Contractors

Landscaping Services

Residential Remodelers

Machine Shops

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We'll match your business profile against the 70 lenders that have actually approved SBA loans here.

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Loan records · Elk River, MN

429 records

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Borrower

Location

Program

Industry

Jade Elk Properties LLC Twin Cities-Metro Certified Development Company

Elk River, MN

55330

$4,824,000

$1.2M

504

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

2024-08-12

Construct Inc.The Bank of Elk River

Elk River, MN

55330

$4,260,000

$194K

7(a)

"Highway, Street, and Bridge Construction"

2016-04-08

P & F Machining Inc.The Bank of Elk River

Elk River, MN

55330

$3,859,400

$80K

7(a)

Machine Shops

2021-02-05

SPARKLE POOL SERVICE, INC.The Bank of Elk River

Elk River, MN

55330

$3,770,600

$419K

7(a)

Other Services to Buildings and Dwellings

2023-01-06

Heritage Maples Senior Living, LLC Bank Five Nine

Elk River, MN

55330

$3,665,000

$147K

7(a)

Nursing Care Facilities

2016-03-14

Orluck Industries, Inc.Byline Bank

Elk River, MN

55330

$3,500,000

$51K

7(a)

Machine Shops

2019-08-26

Alliance Machine, Inc.The Bank of Elk River

Elk River, MN

55330

$3,500,000

$73K

7(a)

Machine Shops

2017-09-18

Lefebvre Leasing Company Village Bank

Elk River, MN

55330

$3,463,600

—

7(a)

"Specialized Freight (except Used Goods) Trucking, Local"

2020-09-24

Lefebvre Leasing Company Village Bank

Elk River, MN

55330

$3,176,700

—

7(a)

"Specialized Freight (except Used Goods) Trucking, Local"

2020-09-24

S. Robideau Construction, Inc.BankVista

Elk River, MN

55330

$3,000,000

$125K

7(a)

Residential Remodelers

2016-04-22

New Look Contracting, Inc.The Bank of Elk River

Elk River, MN

55330

$2,702,300

$68K

7(a)

"Highway, Street, and Bridge Construction"

2013-08-28

Preferred Powder Coating LLC Twin Cities-Metro Certified Development Company

Elk River, MN

55330

$2,617,000

$145K

504

"Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers"

2013-09-24

Networx Broadband Inc Drake Bank

Elk River, MN

55330

$2,300,000

$767K

7(a)

Other Computer Related Services

2025-01-27

Metal Craft Machine & Engineering, Inc.Village Bank

Elk River, MN

55330

$2,225,700

$15K

7(a)

Precision Turned Product Manufacturing

2025-09-26

PRODUCT DESIGN SERVICES L.L.C.Nicolet National Bank

Elk River, MN

55330

$2,000,000

$1.0M

7(a)

Industrial Design Services

2022-12-07

PRODUCT DESIGN SERVICES L.L.C.Nicolet National Bank

Elk River, MN

55330

$2,000,000

$1.0M

7(a)

Industrial Design Services

2022-12-06

Cornerstone Kia, Inc.Midwest Business Finance Corporation

Elk River, MN

55330

$1,922,000

$84K

504

New Car Dealers

2014-05-31

CHIKO LODGING LLC U.S. Bank, National Association

Elk River, MN

55330

$1,914,600

$91K

7(a)

Hotels (except Casino Hotels) and Motels

2017-03-17

Avid International Molding Solutions Twin Cities-Metro Certified Development Company

Elk River, MN

55330

$1,796,000

$359K

504

All Other Plastics Product Manufacturing

2025-05-05

CHIKO LODGING LLC Genesis Bank

Elk River, MN

55330

$1,666,000

$111K

7(a)

Hotels (except Casino Hotels) and Motels

2009-09-24

Vidarus Manufacturing, Inc.American National Bank

Elk River, MN

55330

$1,584,000

$176K

7(a)

"Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing"

2023-09-20

Patriot Converting, Inc.Central Minnesota Development Company

Elk River, MN

55330

$1,531,000

$139K

504

All Other Converted Paper Product Manufacturing

2015-12-08

Brothers Fire Protection Co.Choice Financial Group

Elk River, MN

55330

$1,500,000

$22K

7(a)

All Other Specialty Trade Contractors

2018-08-17

Schmidt Curb Company, Inc.Bravera Bank

Elk River, MN

55330

$1,500,000

$37K

7(a)

"Highway, Street, and Bridge Construction"

2021-03-19

LaPointe Manufacturing, Inc.Sherburne State Bank

Elk River, MN

55330

$1,455,000

$364K

7(a)

All Other Miscellaneous Manufacturing

2021-05-26

Jade Elk Properties LLC

Elk River, MN · 55330

$4,824,000

504

Twin Cities-Metro Certified Development Company$1.2M/job · 2024-08-12

Construct Inc.

Elk River, MN · 55330

$4,260,000

7(a)

The Bank of Elk River$194K/job · 2016-04-08

P & F Machining Inc.

Elk River, MN · 55330

$3,859,400

7(a)

The Bank of Elk River$80K/job · 2021-02-05

SPARKLE POOL SERVICE, INC.

Elk River, MN · 55330

$3,770,600

7(a)

The Bank of Elk River$419K/job · 2023-01-06

Heritage Maples Senior Living, LLC

Elk River, MN · 55330

$3,665,000

7(a)

Bank Five Nine$147K/job · 2016-03-14

Orluck Industries, Inc.

Elk River, MN · 55330

$3,500,000

7(a)

Byline Bank$51K/job · 2019-08-26

Alliance Machine, Inc.

Elk River, MN · 55330

$3,500,000

7(a)

The Bank of Elk River$73K/job · 2017-09-18

Lefebvre Leasing Company

Elk River, MN · 55330

$3,463,600

7(a)

Village Bank2020-09-24

Lefebvre Leasing Company

Elk River, MN · 55330

$3,176,700

7(a)

Village Bank2020-09-24

S. Robideau Construction, Inc.

Elk River, MN · 55330

$3,000,000

7(a)

BankVista$125K/job · 2016-04-22

New Look Contracting, Inc.

Elk River, MN · 55330

$2,702,300

7(a)

The Bank of Elk River$68K/job · 2013-08-28

Preferred Powder Coating LLC

Elk River, MN · 55330

$2,617,000

504

Twin Cities-Metro Certified Development Company$145K/job · 2013-09-24

Networx Broadband Inc

Elk River, MN · 55330

$2,300,000

7(a)

Drake Bank$767K/job · 2025-01-27

Metal Craft Machine & Engineering, Inc.

Elk River, MN · 55330

$2,225,700

7(a)

Village Bank$15K/job · 2025-09-26

PRODUCT DESIGN SERVICES L.L.C.

Elk River, MN · 55330

$2,000,000

7(a)

Nicolet National Bank$1.0M/job · 2022-12-07

PRODUCT DESIGN SERVICES L.L.C.

Elk River, MN · 55330

$2,000,000

7(a)

Nicolet National Bank$1.0M/job · 2022-12-06

Cornerstone Kia, Inc.

Elk River, MN · 55330

$1,922,000

504

Midwest Business Finance Corporation$84K/job · 2014-05-31

CHIKO LODGING LLC

Elk River, MN · 55330

$1,914,600

7(a)

U.S. Bank, National Association$91K/job · 2017-03-17

Avid International Molding Solutions

Elk River, MN · 55330

$1,796,000

504

Twin Cities-Metro Certified Development Company$359K/job · 2025-05-05

CHIKO LODGING LLC

Elk River, MN · 55330

$1,666,000

7(a)

Genesis Bank$111K/job · 2009-09-24

Vidarus Manufacturing, Inc.

Elk River, MN · 55330

$1,584,000

7(a)

American National Bank$176K/job · 2023-09-20

Patriot Converting, Inc.

Elk River, MN · 55330

$1,531,000

504

Central Minnesota Development Company$139K/job · 2015-12-08

Brothers Fire Protection Co.

Elk River, MN · 55330

$1,500,000

7(a)

Choice Financial Group$22K/job · 2018-08-17

Schmidt Curb Company, Inc.

Elk River, MN · 55330

$1,500,000

7(a)

Bravera Bank$37K/job · 2021-03-19

LaPointe Manufacturing, Inc.

Elk River, MN · 55330

$1,455,000

7(a)

Sherburne State Bank$364K/job · 2021-05-26

1–25 of 429

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