SBA Loans in Hutchinson, MN

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

402

all programs

Approved $

$80.5M

last 24 months

Avg loan

$200K

median $245K

Active lenders

approved here

Jobs supported

2,715

cumulative

Loan activity map

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HUTCHINSON · 402 LOANS

Top lenders in Hutchinson

Citizens Bank & Trust Co

224

Midwest Business Finance Corporation

Wells Fargo Bank National Association

Home State Bank

Old National Bank

Heritage Bank, National Association

Top industries in Hutchinson

Electrical Contractors

"Plumbing, Heating, and Air-Conditioning Contractors"

Full-Service Restaurants

Machine Shops

Fitness and Recreational Sports Centers

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Loan records · Hutchinson, MN

402 records

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Borrower

Location

Program

Industry

Hutchinson Auto Realty, Inc.Grand Marais State Bank

Hutchinson, MN

55350

$2,560,000

$102K

7(a)

New Car Dealers

2012-04-19

Royal Wash House L.L.C.BANKWEST

Hutchinson, MN

55350

$1,755,000

$125K

7(a)

Coin-Operated Laundries and Drycleaners

2022-09-26

HutchCobble LLC Midwest Business Finance Corporation

Hutchinson, MN

55350

$1,706,000

$171K

504

Hotels (except Casino Hotels) and Motels

2017-10-06

Nordic Components Inc.Old National Bank

Hutchinson, MN

55350

$1,665,800

$56K

7(a)

Precision Turned Product Manufacturing

2010-11-05

RD Machine, Inc.Midwest Business Finance Corporation

Hutchinson, MN

55350

$1,535,000

$256K

504

Industrial Valve Manufacturing

2022-06-02

Zephyr Wind Parts, LLC Citizens Bank & Trust Co

Hutchinson, MN

55350

$1,500,000

$214K

7(a)

Other Commercial Equipment Merchant Wholesalers

2023-09-12

OSA Retail LLC American National Bank

Hutchinson, MN

55350

$1,467,000

$293K

7(a)

Gasoline Stations with Convenience Stores

2025-12-29

River Oaks at Shady Ridge LLC Byline Bank

Hutchinson, MN

55350

$1,425,000

$40K

7(a)

Other Residential Care Facilities

2021-09-21

CEDAR CREST ESTATE, INC.Citizens Bank & Trust Co

Hutchinson, MN

55350

$1,350,000

—

7(a)

Homes for the Elderly

2002-09-26

900 Hwy 7 West, LLC Midwest Business Finance Corporation

Hutchinson, MN

55350

$1,296,000

$185K

504

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2019-08-19

Roffey, LLC Banc of California

Hutchinson, MN

55350

$1,291,000

—

7(a)

Veterinary Services

2013-03-19

AMERICINN OF HUTCHINSON Twin Cities-Metro Certified Development Company

Hutchinson, MN

55350

$1,008,000

$34K

504

Hotels (except Casino Hotels) and Motels

2004-09-30

Zephyr Wind Parts, LLC Citizens Bank & Trust Co

Hutchinson, MN

55350

$1,000,000

$250K

7(a)

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2022-04-14

LENNEMAN BEVERAGE DISTRIBUTORS Old National Bank

Hutchinson, MN

55350

$1,000,000

—

7(a)

Wine and Distilled Alcoholic Beverage Wholesalers

1992-01-08

BUSINESSWARE SOLUTIONS Citizens Bank & Trust Co

Hutchinson, MN

55350

$995,000

—

7(a)

Other Financial Vehicles

2004-08-24

Baklund R & D, LLC Old National Bank

Hutchinson, MN

55350

$823,600

$51K

7(a)

Machine Shops

2015-05-27

MAY WESS MANUFACTURING INC Citizens Bank & Trust Co

Hutchinson, MN

55350

$795,000

—

7(a)

Farm Machinery and Equipment Manufacturing

2000-09-13

WB Investments LLC Wells Fargo Bank National Association

Hutchinson, MN

55350

$791,900

—

7(a)

"Cut Stock, Resawing Lumber, and Planing"

2018-11-13

McGreavey, LLC Wells Fargo Bank National Association

Hutchinson, MN

55350

$779,000

$97K

7(a)

Septic Tank and Related Services

2016-08-02

AG SYSTEMS, INC.Wells Fargo Bank National Association

Hutchinson, MN

55350

$750,000

—

7(a)

—

1990-12-28

B AND B SPORTS OF HUTCHINSON INC.Citizens Bank & Trust Co

Hutchinson, MN

55350

$750,000

$150K

7(a)

Sporting Goods Stores

2010-01-13

Lighthouse Counseling, LTD.Frandsen Bank and Trust

Hutchinson, MN

55350

$750,000

$44K

7(a)

Offices of Mental Health Practitioners (except Physicians)

2023-12-23

Big Joe's Hunchinson LLC Midwest Business Finance Corporation

Hutchinson, MN

55350

$743,000

$25K

504

Limited-Service Restaurants

2011-07-13

SDG Properties, LLC Midwest Business Finance Corporation

Hutchinson, MN

55350

$725,000

—

504

All Other Miscellaneous Wood Product Manufacturing

2021-04-16

Zephyr Wind Services MN, LLC Citizens Bank & Trust Co

Hutchinson, MN

55350

$700,000

$20K

7(a)

Wind Electric Power Generation

2020-07-30

Hutchinson Auto Realty, Inc.

Hutchinson, MN · 55350

$2,560,000

7(a)

Grand Marais State Bank$102K/job · 2012-04-19

Royal Wash House L.L.C.

Hutchinson, MN · 55350

$1,755,000

7(a)

BANKWEST$125K/job · 2022-09-26

HutchCobble LLC

Hutchinson, MN · 55350

$1,706,000

504

Midwest Business Finance Corporation$171K/job · 2017-10-06

Nordic Components Inc.

Hutchinson, MN · 55350

$1,665,800

7(a)

Old National Bank$56K/job · 2010-11-05

RD Machine, Inc.

Hutchinson, MN · 55350

$1,535,000

504

Midwest Business Finance Corporation$256K/job · 2022-06-02

Zephyr Wind Parts, LLC

Hutchinson, MN · 55350

$1,500,000

7(a)

Citizens Bank & Trust Co$214K/job · 2023-09-12

OSA Retail LLC

Hutchinson, MN · 55350

$1,467,000

7(a)

American National Bank$293K/job · 2025-12-29

River Oaks at Shady Ridge LLC

Hutchinson, MN · 55350

$1,425,000

7(a)

Byline Bank$40K/job · 2021-09-21

CEDAR CREST ESTATE, INC.

Hutchinson, MN · 55350

$1,350,000

7(a)

Citizens Bank & Trust Co2002-09-26

900 Hwy 7 West, LLC

Hutchinson, MN · 55350

$1,296,000

504

Midwest Business Finance Corporation$185K/job · 2019-08-19

Roffey, LLC

Hutchinson, MN · 55350

$1,291,000

7(a)

Banc of California2013-03-19

AMERICINN OF HUTCHINSON

Hutchinson, MN · 55350

$1,008,000

504

Twin Cities-Metro Certified Development Company$34K/job · 2004-09-30

Zephyr Wind Parts, LLC

Hutchinson, MN · 55350

$1,000,000

7(a)

Citizens Bank & Trust Co$250K/job · 2022-04-14

LENNEMAN BEVERAGE DISTRIBUTORS

Hutchinson, MN · 55350

$1,000,000

7(a)

Old National Bank1992-01-08

BUSINESSWARE SOLUTIONS

Hutchinson, MN · 55350

$995,000

7(a)

Citizens Bank & Trust Co2004-08-24

Baklund R & D, LLC

Hutchinson, MN · 55350

$823,600

7(a)

Old National Bank$51K/job · 2015-05-27

MAY WESS MANUFACTURING INC

Hutchinson, MN · 55350

$795,000

7(a)

Citizens Bank & Trust Co2000-09-13

WB Investments LLC

Hutchinson, MN · 55350

$791,900

7(a)

Wells Fargo Bank National Association2018-11-13

McGreavey, LLC

Hutchinson, MN · 55350

$779,000

7(a)

Wells Fargo Bank National Association$97K/job · 2016-08-02

AG SYSTEMS, INC.

Hutchinson, MN · 55350

$750,000

7(a)

Wells Fargo Bank National Association1990-12-28

B AND B SPORTS OF HUTCHINSON INC.

Hutchinson, MN · 55350

$750,000

7(a)

Citizens Bank & Trust Co$150K/job · 2010-01-13

Lighthouse Counseling, LTD.

Hutchinson, MN · 55350

$750,000

7(a)

Frandsen Bank and Trust$44K/job · 2023-12-23

Big Joe's Hunchinson LLC

Hutchinson, MN · 55350

$743,000

504

Midwest Business Finance Corporation$25K/job · 2011-07-13

SDG Properties, LLC

Hutchinson, MN · 55350

$725,000

504

Midwest Business Finance Corporation2021-04-16

Zephyr Wind Services MN, LLC

Hutchinson, MN · 55350

$700,000

7(a)

Citizens Bank & Trust Co$20K/job · 2020-07-30

1–25 of 402

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