SBA Loans in Hibbing, MN

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

120

all programs

Approved $

$29.0M

last 24 months

Avg loan

$242K

median $245K

Active lenders

approved here

Jobs supported

1,037

cumulative

Loan activity map

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HIBBING · 120 LOANS

Top lenders in Hibbing

Park State Bank

Wells Fargo Bank National Association

Northeast Entrepreneur Fund, Inc.

Security State Bank of Hibbing

U.S. Bank, National Association

Midwest Business Finance Corporation

Top industries in Hibbing

Full-Service Restaurants

Automotive Parts and Accessories Stores

Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers

Landscaping Services

"Beer, Wine, and Liquor Stores"

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Loan records · Hibbing, MN

120 records

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Borrower

Location

Program

Industry

MESABI ANIMAL HOSPITAL LLC Live Oak Banking Company

Hibbing, MN

55746

$2,101,900

$91K

7(a)

Veterinary Services

2020-10-13

HIBBING CHRYSLER CENTER LLC Security State Bank of Hibbing

Hibbing, MN

55746

$2,000,000

$35K

7(a)

New Car Dealers

2010-01-06

Cast Corporation Security State Bank of Hibbing

Hibbing, MN

55746

$2,000,000

$40K

7(a)

All Other Miscellaneous Fabricated Metal Product Manufacturing

2020-09-09

Aspen Grove Properties, Inc.Wells Fargo Bank National Association

Hibbing, MN

55746

$1,746,000

$249K

7(a)

"General Freight Trucking, Local"

2013-03-05

RSBR Inc.Alerus Financial, National Association

Hibbing, MN

55746

$1,387,000

$63K

7(a)

Hotels (except Casino Hotels) and Motels

2011-10-31

Furin & Shea Welding & Fabricating, Inc.Security State Bank of Hibbing

Hibbing, MN

55746

$1,346,000

$31K

7(a)

"Other Foundation, Structure, and Building Exterior Contractors"

2012-12-26

Cast Corporation Midwest Business Finance Corporation

Hibbing, MN

55746

$1,300,000

$43K

504

All Other Miscellaneous Fabricated Metal Product Manufacturing

2013-09-19

Derek L. Gustafson, D.D.S., P.A.Park State Bank

Hibbing, MN

55746

$1,195,000

$120K

7(a)

Offices of Dentists

2015-09-11

JPJ Engineering, Inc.Park State Bank

Hibbing, MN

55746

$1,055,000

$81K

7(a)

Engineering Services

2015-05-06

INDUSTRIAL RUBBER PRODUCTS Northern State Bank of Virginia

Hibbing, MN

55746

$1,000,000

—

7(a)

Synthetic Rubber Manufacturing

2001-07-31

ECN Hibbing Holding, LLC Amplio Economic Development Corporation

Hibbing, MN

55746

$925,000

$62K

504

Offices of Optometrists

2021-08-16

RSBR Inc.Old National Bank

Hibbing, MN

55746

$806,000

$40K

7(a)

Hotels (except Casino Hotels) and Motels

2003-06-13

RAW ENTERPRISES INC Security State Bank of Hibbing

Hibbing, MN

55746

$740,000

$148K

7(a)

Car Washes

2018-08-31

FRABONI'S WHOLESALE DISTR Midwest Business Finance Corporation

Hibbing, MN

55746

$692,000

$53K

504

—

1997-08-04

Ken's A-1 Auto Service Midwest Business Finance Corporation

Hibbing, MN

55746

$443,000

$37K

504

General Automotive Repair

1998-06-08

HIBBING SUPER 8 MOTEL INC.Midwest Business Finance Corporation

Hibbing, MN

55746

$397,000

$33K

504

—

1992-07-21

BS S - CORP Keen Bank National Association

Hibbing, MN

55746

$350,000

$19K

7(a)

All Other Miscellaneous Ambulatory Health Care Services

2016-05-10

MOHAWK SALVAGE Park State Bank

Hibbing, MN

55746

$320,000

$80K

7(a)

Automotive Parts and Accessories Stores

2005-08-24

The Roses LLC U.S. Bank, National Association

Hibbing, MN

55746

$314,900

$63K

7(a)

Offices of Mental Health Practitioners (except Physicians)

2021-08-16

Albrecht Autoparts Inc Wells Fargo Bank National Association

Hibbing, MN

55746

$250,000

$83K

7(a)

Automotive Parts and Accessories Stores

2009-09-23

Lietz Enterprises Inc The Northland Foundation

Hibbing, MN

55746

$240,000

$3K

7(a)

Full-Service Restaurants

2017-05-22

Lietz Properties, LLC Northeast Entrepreneur Fund, Inc.

Hibbing, MN

55746

$231,500

$5K

7(a)

Full-Service Restaurants

2017-05-15

PAPA MURPHY'S TAKE 'N' BAKE Stearns Bank National Association

Hibbing, MN

55746

$203,500

$20K

7(a)

Limited-Service Restaurants

2005-11-16

RLP Services LLC Security Bank USA

Hibbing, MN

55746

$200,000

$50K

7(a)

Landscape Architectural Services

2010-04-02

RADKO IRON & SUPPLY CORP.Frandsen Bank and Trust

Hibbing, MN

55746

$200,000

$22K

7(a)

Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers

2021-06-03

MESABI ANIMAL HOSPITAL LLC

Hibbing, MN · 55746

$2,101,900

7(a)

Live Oak Banking Company$91K/job · 2020-10-13

HIBBING CHRYSLER CENTER LLC

Hibbing, MN · 55746

$2,000,000

7(a)

Security State Bank of Hibbing$35K/job · 2010-01-06

Security State Bank of Hibbing$40K/job · 2020-09-09

Aspen Grove Properties, Inc.

Hibbing, MN · 55746

$1,746,000

7(a)

Wells Fargo Bank National Association$249K/job · 2013-03-05

Alerus Financial, National Association$63K/job · 2011-10-31

Furin & Shea Welding & Fabricating, Inc.

Hibbing, MN · 55746

$1,346,000

7(a)

Security State Bank of Hibbing$31K/job · 2012-12-26

Midwest Business Finance Corporation$43K/job · 2013-09-19

Derek L. Gustafson, D.D.S., P.A.

Hibbing, MN · 55746

$1,195,000

7(a)

Park State Bank$120K/job · 2015-09-11

JPJ Engineering, Inc.

Hibbing, MN · 55746

$1,055,000

7(a)

Park State Bank$81K/job · 2015-05-06

INDUSTRIAL RUBBER PRODUCTS

Hibbing, MN · 55746

$1,000,000

7(a)

Northern State Bank of Virginia2001-07-31

ECN Hibbing Holding, LLC

Hibbing, MN · 55746

$925,000

504

Amplio Economic Development Corporation$62K/job · 2021-08-16

Old National Bank$40K/job · 2003-06-13

Security State Bank of Hibbing$148K/job · 2018-08-31

FRABONI'S WHOLESALE DISTR

Hibbing, MN · 55746

$692,000

504

Midwest Business Finance Corporation$53K/job · 1997-08-04

Ken's A-1 Auto Service

Hibbing, MN · 55746

$443,000

504

Midwest Business Finance Corporation$37K/job · 1998-06-08

HIBBING SUPER 8 MOTEL INC.

Hibbing, MN · 55746

$397,000

504

Midwest Business Finance Corporation$33K/job · 1992-07-21

Keen Bank National Association$19K/job · 2016-05-10

Park State Bank$80K/job · 2005-08-24

U.S. Bank, National Association$63K/job · 2021-08-16

Albrecht Autoparts Inc

Hibbing, MN · 55746

$250,000

7(a)

Wells Fargo Bank National Association$83K/job · 2009-09-23

Lietz Enterprises Inc

Hibbing, MN · 55746

$240,000

7(a)

The Northland Foundation$3K/job · 2017-05-22

Lietz Properties, LLC

Hibbing, MN · 55746

$231,500

7(a)

Northeast Entrepreneur Fund, Inc.$5K/job · 2017-05-15

PAPA MURPHY'S TAKE 'N' BAKE

Hibbing, MN · 55746

$203,500

7(a)

Stearns Bank National Association$20K/job · 2005-11-16

Security Bank USA$50K/job · 2010-04-02

RADKO IRON & SUPPLY CORP.

Hibbing, MN · 55746

$200,000

7(a)

Frandsen Bank and Trust$22K/job · 2021-06-03

1–25 of 120

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