SBA Loans in Merrifield, MN

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

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Total SBA loans

all programs

Approved $

$9.0M

last 24 months

Avg loan

$410K

median $245K

Active lenders

approved here

Jobs supported

139

cumulative

Loan activity map

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MERRIFIELD · 22 LOANS

Top lenders in Merrifield

Midwest Business Finance Corporation

Old National Bank

Stearns Bank National Association

U.S. Bank, National Association

Unity Bank

American National Bank of Minnesota

Top industries in Merrifield

Full-Service Restaurants

Hardware Stores

Hotels (except Casino Hotels) and Motels

"Highway, Street, and Bridge Construction"

All Other Miscellaneous Store Retailers (except Tobacco Stores)

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Loan records · Merrifield, MN

22 records

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Borrower

Location

Program

Industry

Crooked Dock, LLC North American Banking Company

Merrifield, MN

56465

$2,135,000

$89K

7(a)

Hotels (except Casino Hotels) and Motels

2013-03-28

TRAIN BELL RESORT INC Stearns Bank National Association

Merrifield, MN

56465

$1,323,000

$441K

7(a)

Hotels (except Casino Hotels) and Motels

2003-10-10

PERCISION WATERJET CONCEPTS Park State Bank

Merrifield, MN

56465

$1,275,000

—

7(a)

Metal Service Centers and Offices

2002-03-22

Mission Beach Resort LLC The Citizens National Bank of Park Rapids

Merrifield, MN

56465

$700,000

$50K

7(a)

Hotels (except Casino Hotels) and Motels

2021-05-12

Lake Edward Wayside Resort LLC Midwest Business Finance Corporation

Merrifield, MN

56465

$621,000

$207K

504

Recreational and Vacation Camps (except Campgrounds)

2025-08-21

Moe's Hardware & Docks Wells Fargo Bank National Association

Merrifield, MN

56465

$580,100

$290K

7(a)

Hardware Stores

2009-07-15

Northern Minnesota Mosquito Control, LLC Celtic Bank Corporation

Merrifield, MN

56465

$363,900

$61K

7(a)

Exterminating and Pest Control Services

2016-03-03

Blazing Fire Foods LLC Stearns Bank National Association

Merrifield, MN

56465

$350,000

$14K

7(a)

Limited-Service Restaurants

2019-09-12

Metsa Enterprises Corporation Capital Community Bank

Merrifield, MN

56465

$330,000

$55K

7(a)

"Highway, Street, and Bridge Construction"

2025-03-10

FABFOUR, INC.Old National Bank

Merrifield, MN

56465

$250,000

$28K

7(a)

Industrial Mold Manufacturing

2008-01-24

KC Properties L.L.C.Old National Bank

Merrifield, MN

56465

$178,000

$30K

7(a)

Full-Service Restaurants

2013-04-17

Affordable Automotive Repair, LLC Old National Bank

Merrifield, MN

56465

$150,000

$75K

7(a)

General Automotive Repair

2013-04-08

TIMOTHY B. JENSEN BMO Bank National Association

Merrifield, MN

66489

$150,000

—

7(a)

—

2000-02-01

CROSSLAKE MISSION COAST TO COA Midwest Business Finance Corporation

Merrifield, MN

56465

$149,000

$25K

504

Hardware Stores

1998-11-19

Lakeside Landscape Inc Frandsen Bank and Trust

Merrifield, MN

56465

$140,000

—

7(a)

Landscaping Services

2024-05-08

NORTHWOODS INN LLC Midwest Business Finance Corporation

Merrifield, MN

56465

$135,000

$9K

504

Full-Service Restaurants

2007-05-22

MOE'S TRUSTWORTHY HARDWARE American National Bank of Minnesota

Merrifield, MN

56465

$60,000

$12K

7(a)

Hardware Stores

2005-03-22

Bobbers Restaurant & Barbeque LLC Unity Bank

Merrifield, MN

56465

$47,500

$8K

7(a)

Full-Service Restaurants

2011-01-25

C & J DOORS Deerwood Bank

Merrifield, MN

56465

$40,000

—

7(a)

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

2003-04-30

Right Track Motorsports, LLC U.S. Bank, National Association

Merrifield, MN

56465

$25,000

$8K

7(a)

All Other Miscellaneous Store Retailers (except Tobacco Stores)

2007-06-01

Northern Family Chiropractic, PA Unity Bank

Merrifield, MN

56465

$19,000

$6K

7(a)

Offices of Chiropractors

2011-07-22

LAKES AND PRAIRIES CONSTRUCTION LLC U.S. Bank, National Association

Merrifield, MN

56465

$8,000

$8K

7(a)

New Single-Family Housing Construction (except Operative Builders)

2019-06-27

Crooked Dock, LLC

Merrifield, MN · 56465

$2,135,000

7(a)

North American Banking Company$89K/job · 2013-03-28

TRAIN BELL RESORT INC

Merrifield, MN · 56465

$1,323,000

7(a)

Stearns Bank National Association$441K/job · 2003-10-10

PERCISION WATERJET CONCEPTS

Merrifield, MN · 56465

$1,275,000

7(a)

Park State Bank2002-03-22

Mission Beach Resort LLC

Merrifield, MN · 56465

$700,000

7(a)

The Citizens National Bank of Park Rapids$50K/job · 2021-05-12

Lake Edward Wayside Resort LLC

Merrifield, MN · 56465

$621,000

504

Midwest Business Finance Corporation$207K/job · 2025-08-21

Moe's Hardware & Docks

Merrifield, MN · 56465

$580,100

7(a)

Wells Fargo Bank National Association$290K/job · 2009-07-15

Northern Minnesota Mosquito Control, LLC

Merrifield, MN · 56465

$363,900

7(a)

Celtic Bank Corporation$61K/job · 2016-03-03

Blazing Fire Foods LLC

Merrifield, MN · 56465

$350,000

7(a)

Stearns Bank National Association$14K/job · 2019-09-12

Metsa Enterprises Corporation

Merrifield, MN · 56465

$330,000

7(a)

Capital Community Bank$55K/job · 2025-03-10

FABFOUR, INC.

Merrifield, MN · 56465

$250,000

7(a)

Old National Bank$28K/job · 2008-01-24

KC Properties L.L.C.

Merrifield, MN · 56465

$178,000

7(a)

Old National Bank$30K/job · 2013-04-17

Affordable Automotive Repair, LLC

Merrifield, MN · 56465

$150,000

7(a)

Old National Bank$75K/job · 2013-04-08

TIMOTHY B. JENSEN

Merrifield, MN · 66489

$150,000

7(a)

BMO Bank National Association2000-02-01

CROSSLAKE MISSION COAST TO COA

Merrifield, MN · 56465

$149,000

504

Midwest Business Finance Corporation$25K/job · 1998-11-19

Lakeside Landscape Inc

Merrifield, MN · 56465

$140,000

7(a)

Frandsen Bank and Trust2024-05-08

NORTHWOODS INN LLC

Merrifield, MN · 56465

$135,000

504

Midwest Business Finance Corporation$9K/job · 2007-05-22

MOE'S TRUSTWORTHY HARDWARE

Merrifield, MN · 56465

$60,000

7(a)

American National Bank of Minnesota$12K/job · 2005-03-22

Bobbers Restaurant & Barbeque LLC

Merrifield, MN · 56465

$47,500

7(a)

Unity Bank$8K/job · 2011-01-25

C & J DOORS

Merrifield, MN · 56465

$40,000

7(a)

Deerwood Bank2003-04-30

Right Track Motorsports, LLC

Merrifield, MN · 56465

$25,000

7(a)

U.S. Bank, National Association$8K/job · 2007-06-01

Northern Family Chiropractic, PA

Merrifield, MN · 56465

$19,000

7(a)

Unity Bank$6K/job · 2011-07-22

LAKES AND PRAIRIES CONSTRUCTION LLC

Merrifield, MN · 56465

$8,000

7(a)

U.S. Bank, National Association$8K/job · 2019-06-27

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