SBA Loans in Fertile, MN

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

$6.3M

last 24 months

Avg loan

$160K

median $245K

Active lenders

approved here

Jobs supported

153

cumulative

Loan activity map

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FERTILE · 39 LOANS

Top lenders in Fertile

Ultima Bank Minnesota

Red River State Bank

United Valley Bank

American Federal Bank

Border Bank

Dakota Business Lending

Top industries in Fertile

All Other Grain Farming

Gasoline Stations with Convenience Stores

General Automotive Repair

All Other Personal Services

Beef Cattle Ranching and Farming

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Loan records · Fertile, MN

39 records

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Borrower

Location

Program

Industry

Troy Collin Olson Red River State Bank

Fertile, MN

56540

$600,000

$300K

7(a)

Oilseed and Grain Combination Farming

2021-03-09

Mark Lehmann Ultima Bank Minnesota

Fertile, MN

56540

$600,000

$200K

7(a)

All Other Grain Farming

2020-05-29

ROCK VALLEY FARMS, INC.Red River State Bank

Fertile, MN

56540

$550,000

$275K

7(a)

Soybean Farming

2018-02-08

CHRISTIAN TRANSPORT, INC Border Bank

Fertile, MN

56540

$500,000

$26K

7(a)

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

2010-03-12

NORTHSIDE EXPRESS Ultima Bank Minnesota

Fertile, MN

56540

$431,300

$36K

7(a)

Gasoline Stations with Convenience Stores

2011-01-26

Fredrikson-Ganje Funeral Home, Inc Dakota Business Lending

Fertile, MN

56540

$420,000

$70K

504

Funeral Homes and Funeral Services

2014-11-28

FERTILE BUILDING CENTER LIMITE American Federal Bank

Fertile, MN

56540

$350,000

$58K

7(a)

Other Building Material Dealers

2006-12-27

ERICKSON SERVICE Red River State Bank

Fertile, MN

56540

$321,700

—

7(a)

General Automotive Repair

1996-12-18

FERTILE REPAIR Midwest Business Finance Corporation

Fertile, MN

56540

$306,000

—

504

General Automotive Repair

2018-06-28

Alton & Jeff Morvig Farms PTR Ultima Bank Minnesota

Fertile, MN

56540

$300,000

$150K

7(a)

All Other Grain Farming

2021-06-21

Christopher Engelstad Ultima Bank Minnesota

Fertile, MN

56540

$243,500

$244K

7(a)

All Other Grain Farming

2021-04-07

Craig & Cynthia Engelstad Ultima Bank Minnesota

Fertile, MN

56540

$225,000

$113K

7(a)

All Other Grain Farming

2022-03-11

TODD ROGER PETERSON Red River State Bank

Fertile, MN

56540

$195,500

$20K

7(a)

Landscaping Services

2019-04-25

Tanner Lehmann Ultima Bank Minnesota

Fertile, MN

56540

$125,000

$63K

7(a)

Beef Cattle Ranching and Farming

2022-04-27

Mill Street Cafe LLC Ultima Bank Minnesota

Fertile, MN

56540

$125,000

$31K

7(a)

Cafeterias, Grill Buffets, and Buffets

2018-05-24

S & L HONEY United Valley Bank

Fertile, MN

56540

$100,000

—

7(a)

—

1996-08-21

Mark Gunufson Ultima Bank Minnesota

Fertile, MN

56540

$92,500

$46K

7(a)

All Other Grain Farming

2021-07-12

Shawn Ramsey Ultima Bank Minnesota

Fertile, MN

56540

$77,500

$78K

7(a)

Beef Cattle Ranching and Farming

2021-08-12

NORTHSIDE EXPRESS Ultima Bank Minnesota

Fertile, MN

56540

$75,000

$6K

7(a)

Gasoline Stations with Convenience Stores

2011-02-11

S & L HONEY United Valley Bank

Fertile, MN

56540

$66,000

—

7(a)

Apiculture

2004-08-13

John Lehmann Ultima Bank Minnesota

Fertile, MN

56540

$60,000

$5K

7(a)

Gasoline Stations with Convenience Stores

2016-08-26

PIONEER DRUG Red River State Bank

Fertile, MN

56540

$56,250

—

7(a)

Pharmacies and Drug Stores

1993-09-23

CLARK DAILEY CONSTRUCTION Old National Bank

Fertile, MN

56540

$47,000

—

7(a)

Excavation Contractors

1995-06-15

FERTILE OIL COMPANY Unity Bank

Fertile, MN

56540

$45,000

—

7(a)

Heating Oil Dealers

1995-07-14

Mark Lehmann Ultima Bank Minnesota

Fertile, MN

56540

$43,000

$43K

7(a)

All Other Grain Farming

2021-08-31

Red River State Bank$300K/job · 2021-03-09

Ultima Bank Minnesota$200K/job · 2020-05-29

ROCK VALLEY FARMS, INC.

Fertile, MN · 56540

$550,000

7(a)

Red River State Bank$275K/job · 2018-02-08

CHRISTIAN TRANSPORT, INC

Fertile, MN · 56540

$500,000

7(a)

Border Bank$26K/job · 2010-03-12

Ultima Bank Minnesota$36K/job · 2011-01-26

Fredrikson-Ganje Funeral Home, Inc

Fertile, MN · 56540

$420,000

504

Dakota Business Lending$70K/job · 2014-11-28

FERTILE BUILDING CENTER LIMITE

Fertile, MN · 56540

$350,000

7(a)

American Federal Bank$58K/job · 2006-12-27

Red River State Bank1996-12-18

Midwest Business Finance Corporation2018-06-28

Alton & Jeff Morvig Farms PTR

Fertile, MN · 56540

$300,000

7(a)

Ultima Bank Minnesota$150K/job · 2021-06-21

Christopher Engelstad

Fertile, MN · 56540

$243,500

7(a)

Ultima Bank Minnesota$244K/job · 2021-04-07

Craig & Cynthia Engelstad

Fertile, MN · 56540

$225,000

7(a)

Ultima Bank Minnesota$113K/job · 2022-03-11

Red River State Bank$20K/job · 2019-04-25

Ultima Bank Minnesota$63K/job · 2022-04-27

Ultima Bank Minnesota$31K/job · 2018-05-24

United Valley Bank1996-08-21

Ultima Bank Minnesota$46K/job · 2021-07-12

Ultima Bank Minnesota$78K/job · 2021-08-12

Ultima Bank Minnesota$6K/job · 2011-02-11

United Valley Bank2004-08-13

Ultima Bank Minnesota$5K/job · 2016-08-26

Red River State Bank1993-09-23

CLARK DAILEY CONSTRUCTION

Fertile, MN · 56540

$47,000

7(a)

Old National Bank1995-06-15

Ultima Bank Minnesota$43K/job · 2021-08-31

1–25 of 39

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