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SBA Loans in Mankato, MN

Explore recent SBA 7(a) and 504 lending activity in Mankato. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Total SBA loans
672
all programs
Approved $
$184.3M
last 24 months
Avg loan
$274K
median $245K
Active lenders
53
approved here
Jobs supported
5,579
cumulative

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MANKATO · 672 LOANS

Top lenders in Mankato

Community Bank Mankato
94
Minnstar Bank National Association
75
Wells Fargo Bank National Association
74
Midwest Business Finance Corporation
48
Pioneer Bank
48
Southeastern Minnesota 504 Development Corporation
34

Top industries in Mankato

Full-Service Restaurants
37
Child Day Care Services
20
Sporting Goods Stores
17
Drinking Places (Alcoholic Beverages)
16
Offices of Chiropractors
16
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Loan records · Mankato, MN
Showing largest 500 of 672 records
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Volk Properties LLC
Mankato, MN · 56001
$5,500,000
504
Dakota Business Lending$220K/job · 2025-07-30
West Side Medical LLC
Mankato, MN · 56001
$4,750,000
7(a)
Old National Bank$339K/job · 2025-04-21
Mankato Travel Center
Mankato, MN · 56001
$3,948,000
504
Southeastern Minnesota 504 Development Corporation$197K/job · 2022-10-05
Kalina Dental Properties, LLC
Mankato, MN · 56001
$3,579,000
7(a)
The Huntington National Bank$1.8M/job · 2022-07-21
R. Henry Construction
Mankato, MN · 56001
$3,000,000
7(a)
1st Financial Bank USA$100K/job · 2023-06-07
KMKT LLC
Mankato, MN · 56001
$2,973,000
504
Midwest Business Finance Corporation$99K/job · 2025-07-18
Agristrand Mankato, LLC
Mankato, MN · 56001
$2,500,000
7(a)
Old National Bank$47K/job · 2011-11-14
Jensen Transport, Inc.
Mankato, MN · 56001
$2,254,400
7(a)
BankVista$141K/job · 2017-12-18
Palmer Bus Service of Mankato, Inc.
Mankato, MN · 56002
$2,038,000
504
Midwest Business Finance Corporation$204K/job · 2017-05-10
Jensen Transport, Inc
Mankato, MN · 56001
$2,000,000
7(a)
Old National Bank$77K/job · 2009-04-27
DKR, Inc.
Mankato, MN · 56001
$1,971,000
504
Southeastern Minnesota 504 Development Corporation$131K/job · 2008-01-30
Nebuti Trade & Travel, Inc.
Mankato, MN · 56001
$1,628,000
7(a)
Readycap Lending, LLC$163K/job · 2006-08-10
TAN WORLD
Mankato, MN · 56001
$1,550,000
7(a)
United Bank of Iowa2009-01-21
Mankato Design Center L.L.C.
Mankato, MN · 56001
$1,504,000
504
Southeastern Minnesota 504 Development Corporation2020-08-18
Agristrand Mankato, LLC
Mankato, MN · 56001
$1,500,000
7(a)
Old National Bank$28K/job · 2011-11-10
THOMAS TREE AND LANDSCAPING LLC
Mankato, MN · 56001
$1,476,000
7(a)
BankVista$92K/job · 2021-09-07
Picklebarn, LLC
Mankato, MN · 56001
$1,456,000
504
Southeastern Minnesota 504 Development Corporation$728K/job · 2021-07-20
Key City Insurance Agency, LLC
Mankato, MN · 56003
$1,453,000
7(a)
Frandsen Bank and Trust$208K/job · 2021-12-16
AMERISTAR INDUSTRIES INC
Mankato, MN · 56001
$1,400,000
7(a)
BMO Bank National Association1999-10-06
AmeriStar Manufacturing, Inc.
Mankato, MN · 56001
$1,360,000
7(a)
Old National Bank$34K/job · 2007-09-21
ECONO LODGE OF MANKATO
Mankato, MN · 56001
$1,357,000
7(a)
Stearns Bank National Association$68K/job · 1999-12-23
SNELL REAL ESTATE, LLC
Mankato, MN · 56001
$1,300,000
504
Southeastern Minnesota 504 Development Corporation$52K/job · 2002-10-15
AmeriStar Manufacturing, Inc.
Mankato, MN · 56001
$1,255,000
504
Midwest Business Finance Corporation$251K/job · 2021-05-03
Riverbend Properties LLC
Mankato, MN · 56001
$1,254,000
504
Midwest Business Finance Corporation$251K/job · 2025-01-24
PI SQUARED, LLC
Mankato, MN · 56001
$1,222,200
7(a)
Stearns Bank National Association$20K/job · 2022-07-29
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