SBA Loans in Lake Elmo, MN

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

Total SBA loans

113

all programs

Approved $

$43.6M

last 24 months

Avg loan

$386K

median $245K

Active lenders

approved here

Jobs supported

1,012

cumulative

Loan activity map

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LAKE ELMO · 113 LOANS

Top lenders in Lake Elmo

U.S. Bank, National Association

Twin Cities-Metro Certified Development Company

Wells Fargo Bank National Association

Old National Bank

Lake Elmo Bank

Associated Bank, National Association

Top industries in Lake Elmo

Full-Service Restaurants

All Other Specialty Trade Contractors

Child Day Care Services

Insurance Agencies and Brokerages

Offices of Chiropractors

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Loan records · Lake Elmo, MN

113 records

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Borrower

Location

Program

Industry

BKT Operations LLC Live Oak Banking Company

Lake Elmo, MN

55042

$4,770,000

$80K

7(a)

Limited-Service Restaurants

2024-01-23

Premier Learning LLC WBD, Inc.

Lake Elmo, MN

55042

$2,847,000

$124K

504

Child Day Care Services

2025-12-16

Integrity Employee Benefits, LLC Old National Bank

Lake Elmo, MN

55042

$2,457,100

$2.5M

7(a)

Insurance Agencies and Brokerages

2020-12-16

Gruber Ventures LLC Lake Elmo Bank

Lake Elmo, MN

55042

$2,314,800

$47K

7(a)

Wood Container and Pallet Manufacturing

2023-07-11

MEP Lake Elmo L.L.C.Twin Cities-Metro Certified Development Company

Lake Elmo, MN

55042

$1,744,000

$41K

504

Child Day Care Services

2023-06-29

Animal Inn Training, LLC Live Oak Banking Company

Lake Elmo, MN

55042

$1,680,000

$140K

7(a)

Pet Care (except Veterinary) Services

2018-12-13

Anytime Fitness WBD, Inc.

Lake Elmo, MN

55042

$1,653,000

$236K

504

Fitness and Recreational Sports Centers

2025-07-31

Kokoro Volleyball LLC Twin Cities-Metro Certified Development Company

Lake Elmo, MN

55042

$1,630,000

$163K

504

"Promoters of Performing Arts, Sports, and Similar Events with Facilities"

2023-02-13

FRESH BLAST INC Nicolet National Bank

Lake Elmo, MN

55042

$1,500,000

$115K

7(a)

All Other Specialty Trade Contractors

2024-06-20

SPORTAFENCE INC.Old National Bank

Lake Elmo, MN

55042

$1,051,900

—

7(a)

Other Miscellaneous Durable Goods Merchant Wholesalers

2020-12-10

SPORTAFENCE HOLDINGS INC Old National Bank

Lake Elmo, MN

55042

$1,051,900

—

7(a)

Sporting and Recreational Goods and Supplies Merchant Wholesalers

2020-12-11

MM GOLF ONE, LLC Twin Cities-Metro Certified Development Company

Lake Elmo, MN

55042

$1,029,000

$31K

504

Golf Courses and Country Clubs

2003-10-23

OFFLEMITS INC.Live Oak Banking Company

Lake Elmo, MN

55042

$1,020,000

$255K

7(a)

Child Day Care Services

2025-11-13

Harris Family Hardware, LLC Nicolet National Bank

Lake Elmo, MN

55042

$986,000

$43K

7(a)

Hardware Stores

2021-12-10

Feuerhelm Langer and Ruza LLC 21st Century Bank

Lake Elmo, MN

55042

$870,000

$79K

7(a)

Offices of Certified Public Accountants

2022-01-20

HLME LLC Platinum Bank

Lake Elmo, MN

55042

$820,000

$37K

7(a)

All Other Personal Services

2023-09-09

TGBD Enterprises LLC The Huntington National Bank

Lake Elmo, MN

55042

$724,000

$52K

7(a)

Fitness and Recreational Sports Centers

2024-05-03

CSP & Associates, Inc Frandsen Bank and Trust

Lake Elmo, MN

55042

$646,000

$129K

7(a)

Insurance Agencies and Brokerages

2019-11-22

No-Neck Tony's Twin Cities-Metro Certified Development Company

Lake Elmo, MN

55042

$641,000

$64K

504

Full-Service Restaurants

2019-05-24

Valdes Lawn Care and Snow Removal, LLC Central Minnesota Development Company

Lake Elmo, MN

55042

$544,000

$11K

504

Landscaping Services

2026-02-13

Advanced Auto Transport, Inc.Highland Bank

Lake Elmo, MN

55042

$500,000

$56K

7(a)

Other Support Activities for Road Transportation

2025-01-24

AMD Enterprises, Inc.The Huntington National Bank

Lake Elmo, MN

55042

$492,900

$246K

7(a)

All Other Specialty Trade Contractors

2024-10-18

Rich Apothecary, Inc.Security Bank & Trust Company

Lake Elmo, MN

55042

$475,200

$59K

7(a)

Pharmacies and Drug Stores

2019-07-29

EXCLUSIVE DINING CORP.Wells Fargo Bank National Association

Lake Elmo, MN

55042

$414,400

—

7(a)

—

1999-02-23

Advanced Auto Transport, Inc.Highland Bank

Lake Elmo, MN

55042

$400,000

$44K

7(a)

Other Support Activities for Road Transportation

2025-01-27

BKT Operations LLC

Lake Elmo, MN · 55042

$4,770,000

7(a)

Live Oak Banking Company$80K/job · 2024-01-23

Premier Learning LLC

Lake Elmo, MN · 55042

$2,847,000

504

WBD, Inc.$124K/job · 2025-12-16

Integrity Employee Benefits, LLC

Lake Elmo, MN · 55042

$2,457,100

7(a)

Old National Bank$2.5M/job · 2020-12-16

Gruber Ventures LLC

Lake Elmo, MN · 55042

$2,314,800

7(a)

Lake Elmo Bank$47K/job · 2023-07-11

MEP Lake Elmo L.L.C.

Lake Elmo, MN · 55042

$1,744,000

504

Twin Cities-Metro Certified Development Company$41K/job · 2023-06-29

Animal Inn Training, LLC

Lake Elmo, MN · 55042

$1,680,000

7(a)

Live Oak Banking Company$140K/job · 2018-12-13

Anytime Fitness

Lake Elmo, MN · 55042

$1,653,000

504

WBD, Inc.$236K/job · 2025-07-31

Kokoro Volleyball LLC

Lake Elmo, MN · 55042

$1,630,000

504

Twin Cities-Metro Certified Development Company$163K/job · 2023-02-13

FRESH BLAST INC

Lake Elmo, MN · 55042

$1,500,000

7(a)

Nicolet National Bank$115K/job · 2024-06-20

SPORTAFENCE INC.

Lake Elmo, MN · 55042

$1,051,900

7(a)

Old National Bank2020-12-10

SPORTAFENCE HOLDINGS INC

Lake Elmo, MN · 55042

$1,051,900

7(a)

Old National Bank2020-12-11

MM GOLF ONE, LLC

Lake Elmo, MN · 55042

$1,029,000

504

Twin Cities-Metro Certified Development Company$31K/job · 2003-10-23

OFFLEMITS INC.

Lake Elmo, MN · 55042

$1,020,000

7(a)

Live Oak Banking Company$255K/job · 2025-11-13

Harris Family Hardware, LLC

Lake Elmo, MN · 55042

$986,000

7(a)

Nicolet National Bank$43K/job · 2021-12-10

Feuerhelm Langer and Ruza LLC

Lake Elmo, MN · 55042

$870,000

7(a)

21st Century Bank$79K/job · 2022-01-20

HLME LLC

Lake Elmo, MN · 55042

$820,000

7(a)

Platinum Bank$37K/job · 2023-09-09

TGBD Enterprises LLC

Lake Elmo, MN · 55042

$724,000

7(a)

The Huntington National Bank$52K/job · 2024-05-03

CSP & Associates, Inc

Lake Elmo, MN · 55042

$646,000

7(a)

Frandsen Bank and Trust$129K/job · 2019-11-22

No-Neck Tony's

Lake Elmo, MN · 55042

$641,000

504

Twin Cities-Metro Certified Development Company$64K/job · 2019-05-24

Valdes Lawn Care and Snow Removal, LLC

Lake Elmo, MN · 55042

$544,000

504

Central Minnesota Development Company$11K/job · 2026-02-13

Advanced Auto Transport, Inc.

Lake Elmo, MN · 55042

$500,000

7(a)

Highland Bank$56K/job · 2025-01-24

AMD Enterprises, Inc.

Lake Elmo, MN · 55042

$492,900

7(a)

The Huntington National Bank$246K/job · 2024-10-18

Rich Apothecary, Inc.

Lake Elmo, MN · 55042

$475,200

7(a)

Security Bank & Trust Company$59K/job · 2019-07-29

EXCLUSIVE DINING CORP.

Lake Elmo, MN · 55042

$414,400

7(a)

Wells Fargo Bank National Association1999-02-23

Advanced Auto Transport, Inc.

Lake Elmo, MN · 55042

$400,000

7(a)

Highland Bank$44K/job · 2025-01-27

1–25 of 113

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