SBA Loans in Hector, MN

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

$5.2M

last 24 months

Avg loan

$291K

median $245K

Active lenders

approved here

Jobs supported

119

cumulative

Loan activity map

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HECTOR · 18 LOANS

Top lenders in Hector

Citizens Bank & Trust Co

Midwest Business Finance Corporation

Frandsen Bank and Trust

CorTrust Bank National Association

Home State Bank

Old National Bank

Top industries in Hector

"General Freight Trucking, Long-Distance, Truckload"

Hardware Stores

Meat Markets

Metal Window and Door Manufacturing

"Automotive Body, Paint, and Interior Repair and Maintenance"

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Loan records · Hector, MN

18 records

Sort:

Borrower

Location

Program

Industry

Carlson's Collision Inc.Old National Bank

Hector, MN

55342

$1,907,900

$318K

7(a)

"Automotive Body, Paint, and Interior Repair and Maintenance"

2024-08-26

SCHWEISS DISTRIBUTING INC Citizens Bank & Trust Co

Hector, MN

55342

$700,000

–

7(a)

Metal Window and Door Manufacturing

2001-04-13

SCHWEISS DISTRIBUTING, INC.Citizens Bank & Trust Co

Hector, MN

55342

$500,000

–

7(a)

"Process, Physical Distribution, and Logistics Consulting Services"

2006-05-01

Loftness Specialized Farm Equipment Inc Midwest Business Finance Corporation

Hector, MN

55342

$466,000

$93K

504

Farm Machinery and Equipment Manufacturing

2010-09-24

SCHWEISS DISTRIBUTING INC Citizens Bank & Trust Co

Hector, MN

55342

$350,000

$6K

7(a)

Metal Window and Door Manufacturing

2005-02-16

Westfield Dental, P.A.Midwest Business Finance Corporation

Hector, MN

55342

$158,000

$158K

504

Offices of Dentists

2011-06-17

TODD'S FABRICATION INC Frandsen Bank and Trust

Hector, MN

55342

$150,000

–

7(a)

–

1995-07-06

HENDERICKSON HARDWARE, INC.Frandsen Bank and Trust

Hector, MN

55342

$149,000

–

7(a)

Hardware Stores

2005-06-28

Ziegenhagen Real Estate LLC Citizens Bank & Trust Co

Hector, MN

55342

$133,400

$22K

7(a)

Meat Markets

2016-08-02

Ralph Larson Chevrolet, Inc.Midwest Business Finance Corporation

Hector, MN

55342

$132,000

$132K

504

New Car Dealers

2013-04-11

SCHWARZROCK MEAT MARKET, INC Citizens Bank & Trust Co

Hector, MN

55342

$130,000

$22K

7(a)

Meat Markets

2021-03-10

HECTOR HARDWARE HANK Frandsen Bank and Trust

Hector, MN

55342

$100,000

–

7(a)

Hardware Stores

2001-06-13

REUBER TRANSPORT, INC CorTrust Bank National Association

Hector, MN

55342

$95,000

–

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2003-09-25

TODD'S FABRICATION, INC.Midwest Business Finance Corporation

Hector, MN

55342

$88,000

$7K

504

–

1990-11-14

Tinsmith Heating, Inc.Home State Bank

Hector, MN

55342

$75,000

$25K

7(a)

"Plumbing, Heating, and Air-Conditioning Contractors"

2011-04-15

REUBER TRANSPORT, INC CorTrust Bank National Association

Hector, MN

55342

$60,000

–

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2002-05-22

Steve Kropp Ins & Financial Services Inc Citizens Bank & Trust Co

Hector, MN

55342

$24,000

$6K

7(a)

Insurance Agencies and Brokerages

2011-05-31

SCHWARZROCK MEAT MARKET, INC Citizens Bank & Trust Co

Hector, MN

55342

$13,000

$1K

7(a)

Meat Retailers

2022-07-27

Carlson's Collision Inc.

Hector, MN · 55342

$1,907,900

7(a)

Old National Bank$318K/job · 2024-08-26

SCHWEISS DISTRIBUTING INC

Hector, MN · 55342

$700,000

7(a)

Citizens Bank & Trust Co2001-04-13

SCHWEISS DISTRIBUTING, INC.

Hector, MN · 55342

$500,000

7(a)

Citizens Bank & Trust Co2006-05-01

Loftness Specialized Farm Equipment Inc

Hector, MN · 55342

$466,000

504

Midwest Business Finance Corporation$93K/job · 2010-09-24

SCHWEISS DISTRIBUTING INC

Hector, MN · 55342

$350,000

7(a)

Citizens Bank & Trust Co$6K/job · 2005-02-16

Westfield Dental, P.A.

Hector, MN · 55342

$158,000

504

Midwest Business Finance Corporation$158K/job · 2011-06-17

TODD'S FABRICATION INC

Hector, MN · 55342

$150,000

7(a)

Frandsen Bank and Trust1995-07-06

HENDERICKSON HARDWARE, INC.

Hector, MN · 55342

$149,000

7(a)

Frandsen Bank and Trust2005-06-28

Ziegenhagen Real Estate LLC

Hector, MN · 55342

$133,400

7(a)

Citizens Bank & Trust Co$22K/job · 2016-08-02

Ralph Larson Chevrolet, Inc.

Hector, MN · 55342

$132,000

504

Midwest Business Finance Corporation$132K/job · 2013-04-11

SCHWARZROCK MEAT MARKET, INC

Hector, MN · 55342

$130,000

7(a)

Citizens Bank & Trust Co$22K/job · 2021-03-10

Frandsen Bank and Trust2001-06-13

REUBER TRANSPORT, INC

Hector, MN · 55342

$95,000

7(a)

CorTrust Bank National Association2003-09-25

TODD'S FABRICATION, INC.

Hector, MN · 55342

$88,000

504

Midwest Business Finance Corporation$7K/job · 1990-11-14

Tinsmith Heating, Inc.

Hector, MN · 55342

$75,000

7(a)

Home State Bank$25K/job · 2011-04-15

REUBER TRANSPORT, INC

Hector, MN · 55342

$60,000

7(a)

CorTrust Bank National Association2002-05-22

Steve Kropp Ins & Financial Services Inc

Hector, MN · 55342

$24,000

7(a)

Citizens Bank & Trust Co$6K/job · 2011-05-31

SCHWARZROCK MEAT MARKET, INC

Hector, MN · 55342

$13,000

7(a)

Citizens Bank & Trust Co$1K/job · 2022-07-27

1–18 of 18

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