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SBA Loans in Fairmont, MN

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

Total SBA loans
87
all programs
Approved $
$32.7M
last 24 months
Avg loan
$376K
median $245K
Active lenders
26
approved here
Jobs supported
398
cumulative

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FAIRMONT · 87 LOANS

Top lenders in Fairmont

Welcome State Bank
13
Wells Fargo Bank National Association
10
First Bank Blue Earth
9
First Farmers & Merchants National Bank
6
Midwest Business Finance Corporation
6
Profinium, Inc.
5

Top industries in Fairmont

Hog and Pig Farming
7
Liquefied Petroleum Gas (Bottled Gas) Dealers
6
Full-Service Restaurants
3
Hotels (except Casino Hotels) and Motels
3
Natural Gas Distribution
3
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Loan records · Fairmont, MN
87 records
Sort:
Signature Swine, Inc.
Fairmont, MN · 56031
$3,294,000
504
Amplio Economic Development Corporation$127K/job · 2025-12-15
HAWKEYE FOODSERVICES DISTRIBUT
Fairmont, MN · 56031
$2,000,000
504
Southeastern Minnesota 504 Development Corporation$2.0M/job · 2005-08-04
HARINDERPAL SIRA, MARATHON GAS STATIONS, 1522 ALBION, MN
Fairmont, MN · 56031
$1,672,100
7(a)
Northbrook Bank & Trust Company, National Association$111K/job · 2007-11-09
EAST CHAIN LP GAS, INC.
Fairmont, MN · 56031
$1,200,000
7(a)
First Bank Blue Earth$300K/job · 2009-09-04
EAST CHAIN LP GAS, INC.
Fairmont, MN · 56031
$1,200,000
7(a)
First Bank Blue Earth$300K/job · 2008-11-03
The Todd M. Steuber Revocable Living Trust dated August 24, 2016 and The Kim D. Steuber Revocable Living Trust dated August 24, 2016
Fairmont, MN · 56031
$1,156,000
504
Midwest Business Finance Corporation$231K/job · 2011-09-28
R M OLSON MANUFACTURING CO LLC
Fairmont, MN · 56031
$975,000
7(a)
Readycap Lending, LLC1998-10-27
Zierke Built Manufacturing, Inc.
Fairmont, MN · 56031
$865,000
504
Southeastern Minnesota 504 Development Corporation2016-09-13
EAST CHAIN LP GAS, INC.
Fairmont, MN · 56031
$800,000
7(a)
First Bank Blue Earth$267K/job · 2007-09-19
EAST CHAIN LP GAS, INC.
Fairmont, MN · 56031
$800,000
7(a)
First Bank Blue Earth2004-09-07
EAST CHAIN LP GAS, INC.
Fairmont, MN · 56031
$800,000
7(a)
First Bank Blue Earth2005-10-21
EAST CHAIN LP GAS, INC.
Fairmont, MN · 56031
$800,000
7(a)
First Bank Blue Earth2006-09-22
SDR MN LLC
Fairmont, MN · 56031
$735,000
504
Dakota Business Finance$245K/job · 2023-08-24
SDR LLC
Fairmont, MN · 56031
$700,000
504
Dakota Business Finance$233K/job · 2023-07-27
Gray Duck Pi LLC
Fairmont, MN · 56031
$622,000
7(a)
LendingClub Bank, National Association$31K/job · 2020-02-06
Fairmont Coin Laundry, LLC
Fairmont, MN · 56031
$578,000
7(a)
Arcadian Bank$289K/job · 2012-07-27
Tim Steuber Pork, Inc
Fairmont, MN · 56031
$536,000
504
Midwest Business Finance Corporation$107K/job · 2012-07-13
FRYKLUND ENTERPRISES, INC
Fairmont, MN · 55118
$510,000
7(a)
Old National Bank$51K/job · 2007-03-06
Lakes Law Properties LLC
Fairmont, MN · 56031
$500,000
7(a)
Welcome State Bank$38K/job · 2023-08-16
Christopher L. Olsen, DDS PLLC
Fairmont, MN · 56031
$466,000
504
Midwest Business Finance Corporation$58K/job · 2022-12-09
JVB Healthy, LLC
Fairmont, MN · 56031
$440,000
7(a)
Bank Midwest$147K/job · 2011-10-21
BUDGET INN OF FAIRMONT
Fairmont, MN · 56031
$438,000
7(a)
First State Bank Southwest2002-04-24
BOWLMOR LANES & LOUNGE
Fairmont, MN · 56031
$409,172
7(a)
State Bank of Fairmont1992-05-13
EAST CHAIN LP GAS, INC.
Fairmont, MN · 56031
$400,000
7(a)
First Bank Blue Earth2003-08-19
EAST CHAIN LP GAS INC
Fairmont, MN · 56031
$400,000
7(a)
Wells Fargo Bank National Association1997-06-25
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