SBA Loans in Lakefield, MN

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

Total SBA loans

all programs

Approved $

$2.4M

last 24 months

Avg loan

$120K

median $245K

Active lenders

approved here

Jobs supported

212

cumulative

Loan activity map

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LAKEFIELD · 20 LOANS

Top lenders in Lakefield

First National Bank

BMO Bank National Association

Midwest Business Finance Corporation

Minnwest Bank

Capital One, National Association

First State Bank Southwest

Top industries in Lakefield

Full-Service Restaurants

Hardware Stores

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

Commercial and Institutional Building Construction

Electrical Contractors

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Loan records · Lakefield, MN

20 records

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Borrower

Location

Program

Industry

HABILITATIVE SERVICES INC BMO Bank National Association

Lakefield, MN

56150

$435,000

—

7(a)

—

1996-05-23

HANSEN FUNERAL HOMES INC BMO Bank National Association

Lakefield, MN

56150

$285,000

—

7(a)

—

1995-01-18

HUSSONG MANUFACTURING CO INC Midwest Business Finance Corporation

Lakefield, MN

56150

$263,000

$4K

504

Heating Equipment (except Warm Air Furnaces) Manufacturing

1994-07-08

LAKEFIELD FOOD CENTER First National Bank

Lakefield, MN

56150

$227,000

—

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2000-06-01

Sidney J. Malchow and Nadine A. Malchow Minnwest Bank

Lakefield, MN

56150

$175,000

$4K

7(a)

Full-Service Restaurants

2016-06-21

THRONDSET PHARMACY, INC.BMO Bank National Association

Lakefield, MN

56150

$137,000

—

7(a)

Pharmacies and Drug Stores

2002-02-11

HI-LO CLUB Midwest Business Finance Corporation

Lakefield, MN

56150

$135,000

$4K

504

Full-Service Restaurants

1999-09-24

LOCK STEP FARM, INC.Midwest Business Finance Corporation

Lakefield, MN

56150

$118,000

$118K

504

Hog and Pig Farming

2006-11-06

POST AND HOHENSTEIN ELECTRICAL BMO Bank National Association

Lakefield, MN

56150

$95,300

$12K

7(a)

Electrical Contractors

2003-08-04

LEN'S BUILDING & BINS First National Bank

Lakefield, MN

56150

$91,000

$46K

7(a)

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

2007-07-03

LAKEFIELD FOOD CENTER First National Bank

Lakefield, MN

56150

$84,000

—

7(a)

—

1995-04-13

Rients & Sons Construction, Inc.Northeast Bank

Lakefield, MN

56150

$75,000

—

7(a)

Commercial and Institutional Building Construction

2018-12-14

TRUE VALUE (UNITED SUPPLY)First State Bank Southwest

Lakefield, MN

56150

$63,000

—

7(a)

Hardware Stores

2002-09-24

E&T ENTERPRISES First National Bank

Lakefield, MN

56150

$55,000

—

7(a)

—

1995-03-17

E&T ENTERPRISES First National Bank

Lakefield, MN

56150

$43,500

—

7(a)

—

1995-03-17

ROSSOW SANITATION First National Bank

Lakefield, MN

56150

$35,000

—

7(a)

—

1994-12-17

COAST TO COAST First National Bank

Lakefield, MN

56150

$35,000

—

7(a)

Hardware Stores

1992-06-19

RAGGED GLORY First National Bank

Lakefield, MN

56150

$27,300

—

7(a)

Family Clothing Stores

1995-05-26

Hi-Lo Restaurant & Catering LLC Minnwest Bank

Lakefield, MN

56150

$20,000

$408

7(a)

Full-Service Restaurants

2016-07-08

SIDNEY J MALCHOW AND NADINE A MALCHOW DBA HI-LO SUPPER CLUB & CATERING Capital One, National Association

Lakefield, MN

56150

$10,000

—

7(a)

Full-Service Restaurants

2004-12-01

HABILITATIVE SERVICES INC

Lakefield, MN · 56150

$435,000

7(a)

BMO Bank National Association1996-05-23

HANSEN FUNERAL HOMES INC

Lakefield, MN · 56150

$285,000

7(a)

BMO Bank National Association1995-01-18

HUSSONG MANUFACTURING CO INC

Lakefield, MN · 56150

$263,000

504

Midwest Business Finance Corporation$4K/job · 1994-07-08

LAKEFIELD FOOD CENTER

Lakefield, MN · 56150

$227,000

7(a)

First National Bank2000-06-01

Sidney J. Malchow and Nadine A. Malchow

Lakefield, MN · 56150

$175,000

7(a)

Minnwest Bank$4K/job · 2016-06-21

THRONDSET PHARMACY, INC.

Lakefield, MN · 56150

$137,000

7(a)

BMO Bank National Association2002-02-11

HI-LO CLUB

Lakefield, MN · 56150

$135,000

504

Midwest Business Finance Corporation$4K/job · 1999-09-24

LOCK STEP FARM, INC.

Lakefield, MN · 56150

$118,000

504

Midwest Business Finance Corporation$118K/job · 2006-11-06

POST AND HOHENSTEIN ELECTRICAL

Lakefield, MN · 56150

$95,300

7(a)

BMO Bank National Association$12K/job · 2003-08-04

LEN'S BUILDING & BINS

Lakefield, MN · 56150

$91,000

7(a)

First National Bank$46K/job · 2007-07-03

LAKEFIELD FOOD CENTER

Lakefield, MN · 56150

$84,000

7(a)

First National Bank1995-04-13

Rients & Sons Construction, Inc.

Lakefield, MN · 56150

$75,000

7(a)

Northeast Bank2018-12-14

TRUE VALUE (UNITED SUPPLY)

Lakefield, MN · 56150

$63,000

7(a)

First State Bank Southwest2002-09-24

E&T ENTERPRISES

Lakefield, MN · 56150

$55,000

7(a)

First National Bank1995-03-17

E&T ENTERPRISES

Lakefield, MN · 56150

$43,500

7(a)

First National Bank1995-03-17

ROSSOW SANITATION

Lakefield, MN · 56150

$35,000

7(a)

First National Bank1994-12-17

COAST TO COAST

Lakefield, MN · 56150

$35,000

7(a)

First National Bank1992-06-19

RAGGED GLORY

Lakefield, MN · 56150

$27,300

7(a)

First National Bank1995-05-26

Hi-Lo Restaurant & Catering LLC

Lakefield, MN · 56150

$20,000

7(a)

Minnwest Bank$408/job · 2016-07-08

SIDNEY J MALCHOW AND NADINE A MALCHOW DBA HI-LO SUPPER CLUB & CATERING

Lakefield, MN · 56150

$10,000

7(a)

Capital One, National Association2004-12-01

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