SBA Loans in Lake City, MN

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

Total SBA loans

all programs

Approved $

$25.1M

last 24 months

Avg loan

$369K

median $245K

Active lenders

approved here

Jobs supported

2,005

cumulative

Loan activity map

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LAKE CITY · 68 LOANS

Top lenders in Lake City

Associated Bank, National Association

Southeastern Minnesota 504 Development Corporation

Alliance Bank

Wells Fargo Bank National Association

Amplio Economic Development Corporation

Twin Cities-Metro Certified Development Company

Top industries in Lake City

Full-Service Restaurants

Wood Container and Pallet Manufacturing

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

Home Centers

All Other Transit and Ground Passenger Transportation

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Loan records · Lake City, MN

68 records

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Borrower

Location

Program

Industry

Scotch Prairie Farms, LLC Amplio Economic Development Corporation

Lake City, MN

55041

$1,950,000

$390K

504

Dairy Cattle and Milk Production

2020-10-14

Valley Craft Industries Inc.Twin Cities-Metro Certified Development Company

Lake City, MN

55041

$1,370,000

$98K

504

"Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing"

2012-07-17

Bluff Country School Bus Service, Inc.Alliance Bank

Lake City, MN

55041

$1,200,000

$55K

7(a)

School and Employee Bus Transportation

2018-03-01

RDE ACQUISITION COMPANY, LLC UMB Bank, National Association

Lake City, MN

55041

$1,200,000

$17K

7(a)

Mail-Order Houses

2009-12-10

WEW PARTNERSHIP Associated Bank, National Association

Lake City, MN

55041

$1,000,000

$20K

7(a)

Electronic Shopping and Mail-Order Houses

1999-09-29

Automation Services, Inc.Live Oak Banking Company

Lake City, MN

55041

$931,000

$58K

7(a)

Other Commercial Equipment Merchant Wholesalers

2024-04-01

HOMEPROS BUILDING CENTER, LLC Alliance Bank

Lake City, MN

55041

$880,000

—

7(a)

Home Centers

2006-05-25

SCOTCH PRAIRIE FARMS LLC Southeastern Minnesota 504 Development Corporation

Lake City, MN

55041

$825,000

$165K

504

Dairy Cattle and Milk Production

2007-09-05

Mueske Dental Building, L.L.C.Wells Fargo Bank National Association

Lake City, MN

55041

$735,000

—

7(a)

Offices of Dentists

2019-05-07

Midwest Detail Supply Company LLC Coulee Bank

Lake City, MN

55041

$675,000

$169K

7(a)

Automotive Parts and Accessories Stores

2021-07-30

Glander Excavating and Plumbing, Inc.Alliance Bank

Lake City, MN

55041

$675,000

$135K

7(a)

Site Preparation Contractors

2014-04-16

PEPIN MANUFACTURING, INC Associated Bank, National Association

Lake City, MN

55041

$600,000

—

7(a)

—

1998-03-31

LAKE PEPIN VETERINARY CLINIC Readycap Lending, LLC

Lake City, MN

55041

$580,000

$580K

7(a)

Veterinary Services

2006-06-19

HOMEPROS BUILDING CENTER, LLC Midwest Business Finance Corporation

Lake City, MN

55401

$561,000

$24K

504

Home Centers

2004-06-09

Truth Financial and Insurance Services, Limited Liability Corporation Affinity Plus FCU

Lake City, MN

55041

$519,000

$173K

7(a)

Insurance Agencies and Brokerages

2025-08-18

Automation Services, Inc.Live Oak Banking Company

Lake City, MN

55041

$500,000

$31K

7(a)

Other Commercial Equipment Merchant Wholesalers

2024-04-01

Valley Craft Industries Inc.Merchants Bank, National Association

Lake City, MN

55041

$500,000

$7K

7(a)

Industrial Machinery and Equipment Merchant Wholesalers

2012-07-26

Anderson House Tours, Inc.Southeastern Minnesota 504 Development Corporation

Lake City, MN

55041

$485,000

—

504

All Other Travel Arrangement and Reservation Services

2011-06-27

LAKE CITY COUNTRY INN Associated Bank, National Association

Lake City, MN

55041

$475,700

$238K

7(a)

Hotels (except Casino Hotels) and Motels

2001-11-29

R & D PARTNERSHIP Southeastern Minnesota 504 Development Corporation

Lake City, MN

55041

$455,000

$1K

504

—

1992-02-27

J&B Pallets Amplio Economic Development Corporation

Lake City, MN

55041

$360,000

$24K

504

Wood Container and Pallet Manufacturing

2013-06-11

BUCK N' BRONKO ENTERPRISES INC Wells Fargo Bank National Association

Lake City, MN

55041

$350,000

—

7(a)

—

1998-08-11

HOMEPROS BUILDING CENTER LLC Alliance Bank

Lake City, MN

55041

$350,000

$16K

7(a)

Home Centers

2006-04-19

RPF,INC. & TEAL & NYBERG PROP.Old National Bank

Lake City, MN

55041

$340,000

—

7(a)

—

1995-03-17

KOHLNHOFER FARMS INC Southeastern Minnesota 504 Development Corporation

Lake City, MN

55041

$332,000

$47K

504

Hog and Pig Farming

1996-07-23

Scotch Prairie Farms, LLC

Lake City, MN · 55041

$1,950,000

504

Amplio Economic Development Corporation$390K/job · 2020-10-14

Valley Craft Industries Inc.

Lake City, MN · 55041

$1,370,000

504

Twin Cities-Metro Certified Development Company$98K/job · 2012-07-17

Bluff Country School Bus Service, Inc.

Lake City, MN · 55041

$1,200,000

7(a)

Alliance Bank$55K/job · 2018-03-01

RDE ACQUISITION COMPANY, LLC

Lake City, MN · 55041

$1,200,000

7(a)

UMB Bank, National Association$17K/job · 2009-12-10

WEW PARTNERSHIP

Lake City, MN · 55041

$1,000,000

7(a)

Associated Bank, National Association$20K/job · 1999-09-29

Automation Services, Inc.

Lake City, MN · 55041

$931,000

7(a)

Live Oak Banking Company$58K/job · 2024-04-01

HOMEPROS BUILDING CENTER, LLC

Lake City, MN · 55041

$880,000

7(a)

Alliance Bank2006-05-25

SCOTCH PRAIRIE FARMS LLC

Lake City, MN · 55041

$825,000

504

Southeastern Minnesota 504 Development Corporation$165K/job · 2007-09-05

Mueske Dental Building, L.L.C.

Lake City, MN · 55041

$735,000

7(a)

Wells Fargo Bank National Association2019-05-07

Midwest Detail Supply Company LLC

Lake City, MN · 55041

$675,000

7(a)

Coulee Bank$169K/job · 2021-07-30

Glander Excavating and Plumbing, Inc.

Lake City, MN · 55041

$675,000

7(a)

Alliance Bank$135K/job · 2014-04-16

PEPIN MANUFACTURING, INC

Lake City, MN · 55041

$600,000

7(a)

Associated Bank, National Association1998-03-31

LAKE PEPIN VETERINARY CLINIC

Lake City, MN · 55041

$580,000

7(a)

Readycap Lending, LLC$580K/job · 2006-06-19

HOMEPROS BUILDING CENTER, LLC

Lake City, MN · 55401

$561,000

504

Midwest Business Finance Corporation$24K/job · 2004-06-09

Truth Financial and Insurance Services, Limited Liability Corporation

Lake City, MN · 55041

$519,000

7(a)

Affinity Plus FCU$173K/job · 2025-08-18

Automation Services, Inc.

Lake City, MN · 55041

$500,000

7(a)

Live Oak Banking Company$31K/job · 2024-04-01

Valley Craft Industries Inc.

Lake City, MN · 55041

$500,000

7(a)

Merchants Bank, National Association$7K/job · 2012-07-26

Anderson House Tours, Inc.

Lake City, MN · 55041

$485,000

504

Southeastern Minnesota 504 Development Corporation2011-06-27

LAKE CITY COUNTRY INN

Lake City, MN · 55041

$475,700

7(a)

Associated Bank, National Association$238K/job · 2001-11-29

R & D PARTNERSHIP

Lake City, MN · 55041

$455,000

504

Southeastern Minnesota 504 Development Corporation$1K/job · 1992-02-27

J&B Pallets

Lake City, MN · 55041

$360,000

504

Amplio Economic Development Corporation$24K/job · 2013-06-11

BUCK N' BRONKO ENTERPRISES INC

Lake City, MN · 55041

$350,000

7(a)

Wells Fargo Bank National Association1998-08-11

HOMEPROS BUILDING CENTER LLC

Lake City, MN · 55041

$350,000

7(a)

Alliance Bank$16K/job · 2006-04-19

RPF,INC. & TEAL & NYBERG PROP.

Lake City, MN · 55041

$340,000

7(a)

Old National Bank1995-03-17

KOHLNHOFER FARMS INC

Lake City, MN · 55041

$332,000

504

Southeastern Minnesota 504 Development Corporation$47K/job · 1996-07-23

1–25 of 68

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