SBA Loans in Lake Crystal, MN

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

Total SBA loans

all programs

Approved $

$6.8M

last 24 months

Avg loan

$171K

median $245K

Active lenders

approved here

Jobs supported

224

cumulative

Loan activity map

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LAKE CRYSTAL · 40 LOANS

Top lenders in Lake Crystal

Minnstar Bank National Association

Community Bank Mankato

Pioneer Bank

Southeastern Minnesota 504 Development Corporation

Wells Fargo Bank National Association

BankVista

Top industries in Lake Crystal

General Automotive Repair

Hardware Stores

Landscaping Services

Department Stores (except Discount Department Stores)

Limited-Service Restaurants

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Loan records · Lake Crystal, MN

40 records

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Borrower

Location

Program

Industry

Blue Star Power Systems, Inc.Old National Bank

Lake Crystal, MN

56055

$1,000,000

$38K

7(a)

Motor and Generator Manufacturing

2011-09-22

Blue Star Power Systems, Inc.Old National Bank

Lake Crystal, MN

56055

$900,000

$35K

7(a)

Motor and Generator Manufacturing

2011-10-11

CRYSTEEL MANUFACTURING INC Wells Fargo Bank National Association

Lake Crystal, MN

56055

$875,000

–

7(a)

Motor Vehicle Body Manufacturing

1993-03-26

CRYSTEEL TRUCK EQUIPMENT INC Southeastern Minnesota 504 Development Corporation

Lake Crystal, MN

56055

$564,000

$19K

504

–

1996-08-23

D&K Solutions Minnstar Bank National Association

Lake Crystal, MN

56055

$350,000

$29K

7(a)

Hardware Stores

2016-05-19

Kroubetz Properties LLC Minnstar Bank National Association

Lake Crystal, MN

56055

$350,000

$18K

7(a)

Real Estate Credit

2012-09-24

2 DIPS & A CONE, LLC BankVista

Lake Crystal, MN

56055

$290,000

$19K

7(a)

Limited-Service Restaurants

2018-07-09

CHAMPLIN BUS SERVICE, INC Southeastern Minnesota 504 Development Corporation

Lake Crystal, MN

56055

$226,000

–

504

School and Employee Bus Transportation

2009-09-27

LEGACY HARDWARE, INC Minnstar Bank National Association

Lake Crystal, MN

56055

$210,000

$42K

7(a)

Hardware Merchant Wholesalers

2008-05-16

LEGACY HARDWARE, INC Southeastern Minnesota 504 Development Corporation

Lake Crystal, MN

56055

$202,000

$34K

504

Hardware Stores

2008-05-16

D&K Solutions Minnstar Bank National Association

Lake Crystal, MN

56055

$165,000

$28K

7(a)

Hardware Stores

2023-03-13

Savage Shield's Garage L LC Pioneer Bank

Lake Crystal, MN

56055

$142,200

$142K

7(a)

Used Car Dealers

2020-08-06

Faye Nelson Minnstar Bank National Association

Lake Crystal, MN

56055

$135,000

$17K

7(a)

Retail Bakeries

2022-03-25

Wallace Enterprises LLC Minnstar Bank National Association

Lake Crystal, MN

56055

$121,000

$20K

7(a)

General Automotive Repair

2013-02-22

2 DIPS & A CONE, LLC BankVista

Lake Crystal, MN

56055

$100,000

–

7(a)

Limited-Service Restaurants

2025-01-15

The Guy LLC ProGrowth Bank

Lake Crystal, MN

56055

$100,000

$100K

7(a)

Landscaping Services

2022-10-13

Crawler Welding, Inc.Southeastern Minnesota 504 Development Corporation

Lake Crystal, MN

56055

$83,000

$83K

504

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

2017-03-01

DEL'S LAKEVIEW TEXACO,Minnstar Bank National Association

Lake Crystal, MN

56055

$80,000

–

7(a)

Other Gasoline Stations

1999-05-06

Benny's Powersports, LLC.Community Bank Mankato

Lake Crystal, MN

56055

$75,000

$19K

7(a)

Sporting Goods Stores

2016-08-17

Crawler Welding, Inc.Minnstar Bank National Association

Lake Crystal, MN

56055

$75,000

$15K

7(a)

"Other Foundation, Structure, and Building Exterior Contractors"

2017-03-09

Benny's Power Sports Community Bank Mankato

Lake Crystal, MN

56055

$75,000

$25K

7(a)

Sporting Goods Stores

2013-01-18

Genesis Construction Group, LLC Minnstar Bank National Association

Lake Crystal, MN

56055

$75,000

$19K

7(a)

Commercial and Institutional Building Construction

2020-08-19

RAYS EXPRESS Minnstar Bank National Association

Lake Crystal, MN

56055

$70,000

$12K

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2007-04-16

ORGANIZING SOLUTIONS Wells Fargo Bank National Association

Lake Crystal, MN

56055

$64,000

–

7(a)

–

1996-09-17

JET BLACK Minnstar Bank National Association

Lake Crystal, MN

56055

$60,000

$30K

7(a)

All Other Special Trade Contractors - See Footnote 13 in the Table of Small Business Size Standards

2004-11-23

Blue Star Power Systems, Inc.

Lake Crystal, MN · 56055

$1,000,000

7(a)

Old National Bank$38K/job · 2011-09-22

Blue Star Power Systems, Inc.

Lake Crystal, MN · 56055

$900,000

7(a)

Old National Bank$35K/job · 2011-10-11

CRYSTEEL MANUFACTURING INC

Lake Crystal, MN · 56055

$875,000

7(a)

Wells Fargo Bank National Association1993-03-26

CRYSTEEL TRUCK EQUIPMENT INC

Lake Crystal, MN · 56055

$564,000

504

Southeastern Minnesota 504 Development Corporation$19K/job · 1996-08-23

D&K Solutions

Lake Crystal, MN · 56055

$350,000

7(a)

Minnstar Bank National Association$29K/job · 2016-05-19

Kroubetz Properties LLC

Lake Crystal, MN · 56055

$350,000

7(a)

Minnstar Bank National Association$18K/job · 2012-09-24

2 DIPS & A CONE, LLC

Lake Crystal, MN · 56055

$290,000

7(a)

BankVista$19K/job · 2018-07-09

CHAMPLIN BUS SERVICE, INC

Lake Crystal, MN · 56055

$226,000

504

Southeastern Minnesota 504 Development Corporation2009-09-27

LEGACY HARDWARE, INC

Lake Crystal, MN · 56055

$210,000

7(a)

Minnstar Bank National Association$42K/job · 2008-05-16

LEGACY HARDWARE, INC

Lake Crystal, MN · 56055

$202,000

504

Southeastern Minnesota 504 Development Corporation$34K/job · 2008-05-16

D&K Solutions

Lake Crystal, MN · 56055

$165,000

7(a)

Minnstar Bank National Association$28K/job · 2023-03-13

Savage Shield's Garage L LC

Lake Crystal, MN · 56055

$142,200

7(a)

Pioneer Bank$142K/job · 2020-08-06

Faye Nelson

Lake Crystal, MN · 56055

$135,000

7(a)

Minnstar Bank National Association$17K/job · 2022-03-25

Wallace Enterprises LLC

Lake Crystal, MN · 56055

$121,000

7(a)

Minnstar Bank National Association$20K/job · 2013-02-22

2 DIPS & A CONE, LLC

Lake Crystal, MN · 56055

Lake Crystal, MN · 56055

$100,000

7(a)

ProGrowth Bank$100K/job · 2022-10-13

Crawler Welding, Inc.

Lake Crystal, MN · 56055

$83,000

504

Southeastern Minnesota 504 Development Corporation$83K/job · 2017-03-01

DEL'S LAKEVIEW TEXACO,

Lake Crystal, MN · 56055

$80,000

7(a)

Minnstar Bank National Association1999-05-06

Benny's Powersports, LLC.

Lake Crystal, MN · 56055

$75,000

7(a)

Community Bank Mankato$19K/job · 2016-08-17

Crawler Welding, Inc.

Lake Crystal, MN · 56055

$75,000

7(a)

Minnstar Bank National Association$15K/job · 2017-03-09

Benny's Power Sports

Lake Crystal, MN · 56055

$75,000

7(a)

Community Bank Mankato$25K/job · 2013-01-18

Genesis Construction Group, LLC

Lake Crystal, MN · 56055

$75,000

7(a)

Minnstar Bank National Association$19K/job · 2020-08-19

RAYS EXPRESS

Lake Crystal, MN · 56055

$70,000

7(a)

Minnstar Bank National Association$12K/job · 2007-04-16

ORGANIZING SOLUTIONS

Lake Crystal, MN · 56055

$64,000

7(a)

Wells Fargo Bank National Association1996-09-17

JET BLACK

Lake Crystal, MN · 56055

$60,000

7(a)

Minnstar Bank National Association$30K/job · 2004-11-23

1–25 of 40

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