SBA Loans in Grand Marais, MN

Explore recent SBA 7(a) and 504 lending activity in Grand Marais. 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 Grand Marais

Total SBA loans

all programs

Approved $

$18.4M

last 24 months

Avg loan

$376K

median $245K

Active lenders

approved here

Jobs supported

427

cumulative

Loan activity map

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GRAND MARAIS · 49 LOANS

Top lenders in Grand Marais

Midwest Business Finance Corporation

Security State Bank of Aitkin

BankVista

Grand Marais State Bank

Park State Bank

Frandsen Bank and Trust

Top industries in Grand Marais

Recreational and Vacation Camps (except Campgrounds)

Hotels (except Casino Hotels) and Motels

RV (Recreational Vehicle) Parks and Campgrounds

All Other Amusement and Recreation Industries

All Other Traveler Accommodation

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Loan records · Grand Marais, MN

49 records

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Borrower

Location

Program

Industry

MJ Gunflint Properties, LLC Midwest Business Finance Corporation

Grand Marais, MN

55604

$1,932,000

—

504

Recreational and Vacation Camps (except Campgrounds)

2016-06-13

HEDSTROM LUMBER COMPANY, INC.Park State Bank

Grand Marais, MN

55604

$1,000,000

—

7(a)

Other Building Material Dealers

2002-05-14

Pat Lindy Enterprises L.L.C.National Bank of Commerce

Grand Marais, MN

55604

$984,000

$246K

7(a)

Coffee and Tea Manufacturing

2023-08-21

Wiserock Ventures, Inc.Midwest Business Finance Corporation

Grand Marais, MN

55604

$931,000

$103K

504

RV (Recreational Vehicle) Parks and Campgrounds

2022-01-31

McCloughan Resorts LLc Midwest Business Finance Corporation

Grand Marais, MN

55604

$909,000

$909K

504

Hotels (except Casino Hotels) and Motels

2007-07-06

INN AT TERRACE POINT Midwest Business Finance Corporation

Grand Marais, MN

55604

$875,000

$31K

504

—

1994-10-18

North Shore Waste LLC Hiawatha National Bank

Grand Marais, MN

55604

$840,000

$420K

7(a)

Other Nonhazardous Waste Treatment and Disposal

2013-04-22

EAST BAY HOTEL Grand Marais State Bank

Grand Marais, MN

55604

$800,000

—

7(a)

—

1994-01-13

JOHNSON'S BIG DOLLAR, INC.Grand Marais State Bank

Grand Marais, MN

55706

$780,000

—

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2002-07-29

Off The Map LLC Midwest Business Finance Corporation

Grand Marais, MN

55604

$659,000

$330K

504

All Other Amusement and Recreation Industries

2025-03-14

Angry Trout LLC Midwest Business Finance Corporation

Grand Marais, MN

55604

$613,000

$31K

504

Full-Service Restaurants

2023-02-24

S&J Holdings LLC Midwest Business Finance Corporation

Grand Marais, MN

55604

$530,000

$53K

504

Hardware Stores

2019-04-22

ROCKWOOD LODGE AND OUTFITTERS Midwest Business Finance Corporation

Grand Marais, MN

55604

$481,000

$34K

504

All Other Traveler Accommodation

2003-06-26

CLEARWATER CANOE OUTFITTERS &Midwest Business Finance Corporation

Grand Marais, MN

55604

$477,000

$95K

504

All Other Traveler Accommodation

2003-04-16

Rockwood Lodge and Outfitters Midwest Business Finance Corporation

Grand Marais, MN

55604

$456,000

$114K

504

Recreational and Vacation Camps (except Campgrounds)

2015-10-15

North Shore Waste LLC Hiawatha National Bank

Grand Marais, MN

55604

$430,000

$72K

7(a)

Solid Waste Landfill

2015-06-09

TUSCARORA LODGE & CANOE OUTFIT Midwest Business Finance Corporation

Grand Marais, MN

55604

$423,000

$60K

504

Casino Hotels

2004-03-08

AMAX PLUMBING & HEATING L. L. C.Frandsen Bank and Trust

Grand Marais, MN

55604

$423,000

$423K

7(a)

"Plumbing, Heating, and Air-Conditioning Contractors"

2022-02-04

Tuscarora Lodge and Canoe Outfitters Midwest Business Finance Corporation

Grand Marais, MN

55604

$417,000

$70K

504

Marinas

2015-01-27

Estrella Del Norte, LLC Frandsen Bank and Trust

Grand Marais, MN

55604

$401,000

$100K

7(a)

Hotels (except Casino Hotels) and Motels

2020-09-10

Joynes Dept. Store Midwest Business Finance Corporation

Grand Marais, MN

55604

$392,000

$49K

504

Department Stores

2022-03-23

ECONOLODGE Midwest Business Finance Corporation

Grand Marais, MN

55604

$361,000

$36K

504

—

1993-06-21

Borderland Lodge Midwest Business Finance Corporation

Grand Marais, MN

55604

$350,000

$88K

504

RV (Recreational Vehicle) Parks and Campgrounds

2022-02-04

SCHULTE ENTERPRISES INC Midwest Business Finance Corporation

Grand Marais, MN

55604

$296,000

$49K

504

—

1993-10-25

Superior Zip Lines, L.L.C.CRF Small Business Loan Company, LLC

Grand Marais, MN

55604

$266,000

$9K

7(a)

All Other Amusement and Recreation Industries

2013-03-26

MJ Gunflint Properties, LLC

Grand Marais, MN · 55604

$1,932,000

504

Midwest Business Finance Corporation2016-06-13

HEDSTROM LUMBER COMPANY, INC.

Grand Marais, MN · 55604

$1,000,000

7(a)

Park State Bank2002-05-14

Pat Lindy Enterprises L.L.C.

Grand Marais, MN · 55604

$984,000

7(a)

National Bank of Commerce$246K/job · 2023-08-21

Wiserock Ventures, Inc.

Grand Marais, MN · 55604

$931,000

504

Midwest Business Finance Corporation$103K/job · 2022-01-31

McCloughan Resorts LLc

Grand Marais, MN · 55604

$909,000

504

Midwest Business Finance Corporation$909K/job · 2007-07-06

INN AT TERRACE POINT

Grand Marais, MN · 55604

$875,000

504

Midwest Business Finance Corporation$31K/job · 1994-10-18

North Shore Waste LLC

Grand Marais, MN · 55604

$840,000

7(a)

Hiawatha National Bank$420K/job · 2013-04-22

EAST BAY HOTEL

Grand Marais, MN · 55604

$800,000

7(a)

Grand Marais State Bank1994-01-13

JOHNSON'S BIG DOLLAR, INC.

Grand Marais, MN · 55706

$780,000

7(a)

Grand Marais State Bank2002-07-29

Off The Map LLC

Grand Marais, MN · 55604

$659,000

504

Midwest Business Finance Corporation$330K/job · 2025-03-14

Angry Trout LLC

Grand Marais, MN · 55604

$613,000

504

Midwest Business Finance Corporation$31K/job · 2023-02-24

S&J Holdings LLC

Grand Marais, MN · 55604

$530,000

504

Midwest Business Finance Corporation$53K/job · 2019-04-22

ROCKWOOD LODGE AND OUTFITTERS

Grand Marais, MN · 55604

$481,000

504

Midwest Business Finance Corporation$34K/job · 2003-06-26

CLEARWATER CANOE OUTFITTERS &

Grand Marais, MN · 55604

$477,000

504

Midwest Business Finance Corporation$95K/job · 2003-04-16

Rockwood Lodge and Outfitters

Grand Marais, MN · 55604

$456,000

504

Midwest Business Finance Corporation$114K/job · 2015-10-15

North Shore Waste LLC

Grand Marais, MN · 55604

$430,000

7(a)

Hiawatha National Bank$72K/job · 2015-06-09

TUSCARORA LODGE & CANOE OUTFIT

Grand Marais, MN · 55604

$423,000

504

Midwest Business Finance Corporation$60K/job · 2004-03-08

AMAX PLUMBING & HEATING L. L. C.

Grand Marais, MN · 55604

$423,000

7(a)

Frandsen Bank and Trust$423K/job · 2022-02-04

Tuscarora Lodge and Canoe Outfitters

Grand Marais, MN · 55604

$417,000

504

Midwest Business Finance Corporation$70K/job · 2015-01-27

Estrella Del Norte, LLC

Grand Marais, MN · 55604

$401,000

7(a)

Frandsen Bank and Trust$100K/job · 2020-09-10

Joynes Dept. Store

Grand Marais, MN · 55604

$392,000

504

Midwest Business Finance Corporation$49K/job · 2022-03-23

ECONOLODGE

Grand Marais, MN · 55604

$361,000

504

Midwest Business Finance Corporation$36K/job · 1993-06-21

Borderland Lodge

Grand Marais, MN · 55604

$350,000

504

Midwest Business Finance Corporation$88K/job · 2022-02-04

SCHULTE ENTERPRISES INC

Grand Marais, MN · 55604

$296,000

504

Midwest Business Finance Corporation$49K/job · 1993-10-25

Superior Zip Lines, L.L.C.

Grand Marais, MN · 55604

$266,000

7(a)

CRF Small Business Loan Company, LLC$9K/job · 2013-03-26

1–25 of 49

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