SBA Loans in Eveleth, MN

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

$9.1M

last 24 months

Avg loan

$252K

median $245K

Active lenders

approved here

Jobs supported

224

cumulative

Loan activity map

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EVELETH · 36 LOANS

Top lenders in Eveleth

Wells Fargo Bank National Association

Park State Bank

The Miners National Bank of Eveleth

B2 Bank National Association

Northeast Entrepreneur Fund, Inc.

Amplio Economic Development Corporation

Top industries in Eveleth

Full-Service Restaurants

"Plumbing, Heating, and Air-Conditioning Contractors"

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

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Hotels (except Casino Hotels) and Motels

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Loan records · Eveleth, MN

36 records

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Borrower

Location

Program

Industry

Days Inn Eveleth Open Bank

Eveleth, MN

55732

$1,745,000

$67K

7(a)

Hotels (except Casino Hotels) and Motels

2006-09-29

AQUA POWER, INC.Security State Bank of Hibbing

Eveleth, MN

55734

$1,190,000

$40K

7(a)

All Other Specialty Trade Contractors

2010-08-12

EV Properties Inc Wells Fargo Bank National Association

Eveleth, MN

55734

$1,000,000

—

7(a)

—

1992-07-28

Birddog LLC Frandsen Bank and Trust

Eveleth, MN

55734

$521,000

$47K

7(a)

General Automotive Repair

2021-03-24

Northern Belt & Conveyor, Inc.The Miners National Bank of Eveleth

Eveleth, MN

55734

$500,000

$17K

7(a)

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2015-03-05

Mahkahta Consulting & Development Corp.Northeast Entrepreneur Fund, Inc.

Eveleth, MN

55734

$497,000

—

7(a)

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

2020-05-26

EVELETH COUNTRY FOODS IGA INC The Miners National Bank of Eveleth

Eveleth, MN

55734

$489,800

—

7(a)

—

1995-01-11

Northern Belt & Conveyor, Inc.Park State Bank

Eveleth, MN

55734

$300,000

$13K

7(a)

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2019-10-11

Brandie's Little Bear Learning Center, LLC Amplio Economic Development Corporation

Eveleth, MN

55734

$266,000

$22K

504

Child Day Care Services

2019-04-04

Stevens Welding and Fabrication LLC B2 Bank National Association

Eveleth, MN

55734

$220,000

$22K

7(a)

Plate Work Manufacturing

2021-06-26

GOODFELLAS Midwest Business Finance Corporation

Eveleth, MN

55734

$202,000

$202K

504

Full-Service Restaurants

2007-02-08

FAST ACTION SUPPORT TEAM INC The Miners National Bank of Eveleth

Eveleth, MN

55734

$200,000

—

7(a)

—

1993-08-05

Lotus Corporation National Bank of Commerce

Eveleth, MN

55734

$200,000

$7K

7(a)

Rooming and Boarding Houses

2016-05-09

Lotus Corporation Northeast Entrepreneur Fund, Inc.

Eveleth, MN

55734

$198,300

$198K

7(a)

Services for the Elderly and Persons with Disabilities

2019-06-27

DEBS TOBACCO PLUS Park State Bank

Eveleth, MN

55734

$150,000

—

7(a)

Tobacco Stores

2004-05-18

TIMBERS EDGE GRILL & BAR Wells Fargo Bank National Association

Eveleth, MN

55134

$150,000

—

7(a)

Full-Service Restaurants

2005-01-26

Mahkahta Consulting & Development Corp.Park State Bank

Eveleth, MN

55734

$150,000

$9K

7(a)

"Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing"

2019-05-23

NEH Motel, Inc Northeast Entrepreneur Fund, Inc.

Eveleth, MN

55734

$149,800

$75K

7(a)

Hotels (except Casino Hotels) and Motels

2020-03-12

SHAD & DEBBIE PARKS Wells Fargo Bank National Association

Eveleth, MN

55734

$127,500

—

7(a)

—

1997-11-07

SWANSON GREENHOUSES The Miners National Bank of Eveleth

Eveleth, MN

55734

$100,000

—

7(a)

—

1995-04-04

Mahkahta Consulting & Development Corp.Northeast Entrepreneur Fund, Inc.

Eveleth, MN

55734

$92,100

—

7(a)

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

2021-09-15

JEFFREY AND REBECCA CAREY B2 Bank National Association

Eveleth, MN

55734

$90,000

$45K

7(a)

Coin-Operated Laundries and Drycleaners

2005-07-21

NORTHLAND SIGN & GRAPHICS Park State Bank

Eveleth, MN

55734

$73,000

$37K

7(a)

Sign Manufacturing

2002-08-07

IRON RANGE TOWING AND RECOVERY Associated Bank, National Association

Eveleth, MN

55734

$71,300

$36K

7(a)

Motor Vehicle Towing

2000-10-17

EVELETH CHIROPRACTIC CLINIC Wells Fargo Bank National Association

Eveleth, MN

55734

$63,000

$21K

7(a)

Offices of Chiropractors

2002-05-02

Open Bank$67K/job · 2006-09-29

Security State Bank of Hibbing$40K/job · 2010-08-12

Wells Fargo Bank National Association1992-07-28

Frandsen Bank and Trust$47K/job · 2021-03-24

Northern Belt & Conveyor, Inc.

Eveleth, MN · 55734

$500,000

7(a)

The Miners National Bank of Eveleth$17K/job · 2015-03-05

Mahkahta Consulting & Development Corp.

Eveleth, MN · 55734

$497,000

7(a)

Northeast Entrepreneur Fund, Inc.2020-05-26

EVELETH COUNTRY FOODS IGA INC

Eveleth, MN · 55734

$489,800

7(a)

The Miners National Bank of Eveleth1995-01-11

Northern Belt & Conveyor, Inc.

Eveleth, MN · 55734

$300,000

7(a)

Park State Bank$13K/job · 2019-10-11

Brandie's Little Bear Learning Center, LLC

Eveleth, MN · 55734

$266,000

504

Amplio Economic Development Corporation$22K/job · 2019-04-04

Stevens Welding and Fabrication LLC

Eveleth, MN · 55734

$220,000

7(a)

B2 Bank National Association$22K/job · 2021-06-26

Midwest Business Finance Corporation$202K/job · 2007-02-08

FAST ACTION SUPPORT TEAM INC

Eveleth, MN · 55734

$200,000

7(a)

The Miners National Bank of Eveleth1993-08-05

National Bank of Commerce$7K/job · 2016-05-09

Northeast Entrepreneur Fund, Inc.$198K/job · 2019-06-27

Park State Bank2004-05-18

TIMBERS EDGE GRILL & BAR

Eveleth, MN · 55134

$150,000

7(a)

Wells Fargo Bank National Association2005-01-26

Mahkahta Consulting & Development Corp.

Eveleth, MN · 55734

$150,000

7(a)

Park State Bank$9K/job · 2019-05-23

Northeast Entrepreneur Fund, Inc.$75K/job · 2020-03-12

Wells Fargo Bank National Association1997-11-07

The Miners National Bank of Eveleth1995-04-04

Mahkahta Consulting & Development Corp.

Eveleth, MN · 55734

$92,100

7(a)

Northeast Entrepreneur Fund, Inc.2021-09-15

JEFFREY AND REBECCA CAREY

Eveleth, MN · 55734

$90,000

7(a)

B2 Bank National Association$45K/job · 2005-07-21

NORTHLAND SIGN & GRAPHICS

Eveleth, MN · 55734

$73,000

7(a)

Park State Bank$37K/job · 2002-08-07

IRON RANGE TOWING AND RECOVERY

Eveleth, MN · 55734

$71,300

7(a)

Associated Bank, National Association$36K/job · 2000-10-17

EVELETH CHIROPRACTIC CLINIC

Eveleth, MN · 55734

$63,000

7(a)

Wells Fargo Bank National Association$21K/job · 2002-05-02

1–25 of 36

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