SBA Loans in Hugo, MN

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

177

all programs

Approved $

$50.2M

last 24 months

Avg loan

$284K

median $245K

Active lenders

approved here

Jobs supported

1,717

cumulative

Loan activity map

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HUGO · 177 LOANS

Top lenders in Hugo

U.S. Bank, National Association

Twin Cities-Metro Certified Development Company

Old National Bank

Premier Bank

Wells Fargo Bank National Association

Amplio Economic Development Corporation

Top industries in Hugo

Child Day Care Services

Landscaping Services

All Other Specialty Trade Contractors

General Automotive Repair

"All Other Professional, Scientific, and Technical Services"

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Loan records · Hugo, MN

177 records

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Borrower

Location

Program

Industry

Glamos Wire Inc Platinum Bank

Hugo, MN

55038

$2,000,000

$40K

7(a)

Other Fabricated Wire Product Manufacturing

2019-10-11

RJ's Property Maintenance, Inc.Nicolet National Bank

Hugo, MN

55038

$1,890,000

$473K

7(a)

Landscaping Services

2020-04-24

NORTHLAND PALLET INC Midwest Business Finance Corporation

Hugo, MN

55038

$1,789,000

$31K

504

Wood Container and Pallet Manufacturing

2008-04-22

Good Life Senior Living Hugo, LLC Twin Cities-Metro Certified Development Company

Hugo, MN

55038

$1,644,000

$117K

504

Homes for the Elderly

2017-08-30

PK Group, LLC BankVista

Hugo, MN

55038

$1,580,000

$158K

7(a)

All Other Miscellaneous Electrical Equipment and Component Manufacturing

2016-02-25

Mouldings Plus Inc Premier Bank

Hugo, MN

55038

$1,500,000

$42K

7(a)

Other Millwork (including Flooring)

2008-04-03

Maciej Paint Corporation Twin Cities-Metro Certified Development Company

Hugo, MN

55038

$1,279,000

$49K

504

"Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers"

2008-04-02

Tjernlund Products, Inc.Twin Cities-Metro Certified Development Company

Hugo, MN

55038

$1,274,000

$319K

504

All Other Miscellaneous Fabricated Metal Product Manufacturing

2021-03-12

Canine Holdings LLC Old National Bank

Hugo, MN

55038

$1,266,700

$127K

7(a)

Pet Care (except Veterinary) Services

2017-04-18

Agage LLC Old National Bank

Hugo, MN

55038

$1,211,000

$202K

7(a)

Child Day Care Services

2025-05-20

Growing Generations Child Development Ce Twin Cities-Metro Certified Development Company

Hugo, MN

55038

$1,075,000

$77K

504

Child Day Care Services

2016-03-17

NOR-LAKES SERVICES MIDWEST Amplio Economic Development Corporation

Hugo, MN

55038

$1,000,000

$45K

504

Petroleum Lubricating Oil and Grease Manufacturing

1999-11-19

Maciej Paint Corporation Twin Cities-Metro Certified Development Company

Hugo, MN

55038

$1,000,000

$36K

504

Painting and Wall Covering

1998-09-30

Glamos Wire Inc Platinum Bank

Hugo, MN

55038

$950,000

$19K

7(a)

Other Fabricated Wire Product Manufacturing

2018-08-07

JZM Property Management, LLC an EPC to Creative Kids Child Care Center, Inc.U.S. Bank, National Association

Hugo, MN

55038

$941,500

$19K

7(a)

Child Day Care Services

2007-08-09

Precision Landscape & Tree, Inc.U.S. Bank, National Association

Hugo, MN

55038

$867,600

$51K

7(a)

Landscaping Services

2012-12-26

BLUE HERON GRILL INC Amplio Economic Development Corporation

Hugo, MN

55038

$845,000

$26K

504

Full-Service Restaurants

2007-11-23

Sprouts Pediatric Dentistry P.L.L.C.Twin Cities-Metro Certified Development Company

Hugo, MN

55038

$822,000

$411K

504

Offices of Dentists

2017-06-06

Max Sterling Enterprises Twin Cities-Metro Certified Development Company

Hugo, MN

55038

$667,000

$48K

504

Gasoline Stations with Convenience Stores

2005-11-02

Premier Sporting Accessories LLC MidCountry Bank

Hugo, MN

55038

$636,000

$45K

7(a)

Sporting and Recreational Goods and Supplies Merchant Wholesalers

2010-02-19

TeamWorks International, Inc.First State Bank and Trust

Hugo, MN

55038

$603,800

$40K

7(a)

Administrative Management and General Management Consulting Services

2023-04-10

JJEL LLC MidCountry Bank

Hugo, MN

55038

$600,000

$86K

7(a)

Pharmacies and Drug Stores

2020-04-28

HOLL AND KASE L.L.C.Bell Bank

Hugo, MN

55038

$591,700

$85K

7(a)

General Automotive Repair

2022-07-12

NORTHROP DEVELOPMENT, LLC Amplio Economic Development Corporation

Hugo, MN

55038

$573,000

$32K

504

"Electroplating, Plating, Polishing, Anodizing, and Coloring"

2001-04-12

HUGO DENTAL CARE P A Associated Bank, National Association

Hugo, MN

55038

$565,000

$57K

7(a)

Offices of Dentists

2001-02-28

Platinum Bank$40K/job · 2019-10-11

RJ's Property Maintenance, Inc.

Hugo, MN · 55038

$1,890,000

7(a)

Nicolet National Bank$473K/job · 2020-04-24

Midwest Business Finance Corporation$31K/job · 2008-04-22

Good Life Senior Living Hugo, LLC

Hugo, MN · 55038

$1,644,000

504

Twin Cities-Metro Certified Development Company$117K/job · 2017-08-30

BankVista$158K/job · 2016-02-25

Premier Bank$42K/job · 2008-04-03

Maciej Paint Corporation

Hugo, MN · 55038

$1,279,000

504

Twin Cities-Metro Certified Development Company$49K/job · 2008-04-02

Tjernlund Products, Inc.

Hugo, MN · 55038

$1,274,000

504

Twin Cities-Metro Certified Development Company$319K/job · 2021-03-12

Old National Bank$127K/job · 2017-04-18

Old National Bank$202K/job · 2025-05-20

Growing Generations Child Development Ce

Hugo, MN · 55038

$1,075,000

504

Twin Cities-Metro Certified Development Company$77K/job · 2016-03-17

NOR-LAKES SERVICES MIDWEST

Hugo, MN · 55038

$1,000,000

504

Amplio Economic Development Corporation$45K/job · 1999-11-19

Maciej Paint Corporation

Hugo, MN · 55038

$1,000,000

504

Twin Cities-Metro Certified Development Company$36K/job · 1998-09-30

Platinum Bank$19K/job · 2018-08-07

JZM Property Management, LLC an EPC to Creative Kids Child Care Center, Inc.

Hugo, MN · 55038

$941,500

7(a)

U.S. Bank, National Association$19K/job · 2007-08-09

Precision Landscape & Tree, Inc.

Hugo, MN · 55038

$867,600

7(a)

U.S. Bank, National Association$51K/job · 2012-12-26

Amplio Economic Development Corporation$26K/job · 2007-11-23

Sprouts Pediatric Dentistry P.L.L.C.

Hugo, MN · 55038

$822,000

504

Twin Cities-Metro Certified Development Company$411K/job · 2017-06-06

Max Sterling Enterprises

Hugo, MN · 55038

$667,000

504

Twin Cities-Metro Certified Development Company$48K/job · 2005-11-02

Premier Sporting Accessories LLC

Hugo, MN · 55038

$636,000

7(a)

MidCountry Bank$45K/job · 2010-02-19

TeamWorks International, Inc.

Hugo, MN · 55038

$603,800

7(a)

First State Bank and Trust$40K/job · 2023-04-10

MidCountry Bank$86K/job · 2020-04-28

Bell Bank$85K/job · 2022-07-12

NORTHROP DEVELOPMENT, LLC

Hugo, MN · 55038

$573,000

504

Amplio Economic Development Corporation$32K/job · 2001-04-12

Associated Bank, National Association$57K/job · 2001-02-28

1–25 of 177

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