SBA Loans in New London, MN

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

100

all programs

Approved $

$26.0M

last 24 months

Avg loan

$260K

median $245K

Active lenders

approved here

Jobs supported

708

cumulative

Loan activity map

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NEW LONDON · 100 LOANS

Top lenders in New London

Lake Region Bank

United Minnesota Bank

Wells Fargo Bank National Association

United Prairie Bank

Heritage Bank, National Association

Midwest Business Finance Corporation

Top industries in New London

Gasoline Stations with Convenience Stores

Industrial Machinery and Equipment Wholesalers

Lessors of Nonresidential Buildings (except Miniwarehouses)

Poured Concrete Foundation and Structure Contractors

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

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Loan records · New London, MN

100 records

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Borrower

Location

Program

Industry

DAHMES STAINLESS INC Falcon National Bank

New London, MN

56273

$4,408,000

$63K

7(a)

All Other Miscellaneous Fabricated Metal Product Manufacturing

2019-11-22

Donnerite Co.Midwest Business Finance Corporation

New London, MN

56273

$1,407,000

$38K

504

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

2012-09-27

Donnerite Co.Granite Bank

New London, MN

56273

$1,200,000

$44K

7(a)

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

2013-02-07

METRO TEL CORP OF MINNESOTA Lake Region Bank

New London, MN

56273

$1,000,000

—

7(a)

Wired Telecommunications Carriers

2002-10-29

A & S Stores LLC United Prairie Bank

New London, MN

56273

$908,000

$65K

7(a)

Gasoline Stations with Convenience Stores

2021-03-11

BJ's Marketplace, Inc Readycap Lending, LLC

New London, MN

56273

$893,000

$45K

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2006-12-27

Donnerite Co.Granite Bank

New London, MN

56273

$710,000

$26K

7(a)

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

2012-11-05

SNOW STUFF USA, INC.Heritage Bank, National Association

New London, MN

56273

$700,000

—

7(a)

—

1996-08-20

Double J. Concrete & Masonry. Inc.Lake Region Bank

New London, MN

56273

$651,100

$26K

7(a)

Poured Concrete Foundation and Structure Contractors

2014-04-08

Double J. Concrete & Masonry. Inc.Lake Region Bank

New London, MN

56273

$595,000

$24K

7(a)

Poured Concrete Foundation and Structure Contractors

2013-04-30

HILLCREST TRUCK STOP Midwest Business Finance Corporation

New London, MN

56273

$571,000

$190K

504

Gasoline Stations with Convenience Stores

2024-08-02

A & S Stores LLC United Prairie Bank

New London, MN

56273

$568,000

$41K

7(a)

Gasoline Stations with Convenience Stores

2021-03-02

Groom Zone LLC United Prairie Bank

New London, MN

56273

$500,000

$83K

7(a)

Pet Care (except Veterinary) Services

2021-09-14

MAC PRECISION CONCRETE INC United Prairie Bank

New London, MN

56273

$500,000

$42K

7(a)

Power and Communication Line and Related Structures Construction

2021-09-27

Lettuce Abound Farms LLC Lake Region Bank

New London, MN

56273

$437,500

$55K

7(a)

Other Vegetable (except Potato) and Melon Farming

2017-01-10

Diamond Lake Resort LLC Midwest Business Finance Corporation

New London, MN

56273

$414,000

$138K

504

Hotels (except Casino Hotels) and Motels

2005-02-16

Van Ort Turf & Erosion, LLC United Minnesota Bank

New London, MN

56273

$400,000

$57K

7(a)

Site Preparation Contractors

2026-01-22

C & T OF NEW LONDON, INC.Center National Bank

New London, MN

56273

$385,000

—

7(a)

Motor Vehicle Supplies and New Parts Merchant Wholesalers

2005-09-19

THE COUNTRY STOP INC United Prairie Bank

New London, MN

56273

$360,000

—

7(a)

—

1994-04-20

Unlimited Underground LLC 21st Century Bank

New London, MN

56273

$360,000

$40K

7(a)

Landscaping Services

2026-01-30

FIVE STAR PUMPING, INC.Lake Region Bank

New London, MN

56273

$350,000

$70K

7(a)

"Soil Preparation, Planting, and Cultivating"

2013-01-10

CHJ Properties LLC Lake Region Bank

New London, MN

56273

$347,000

$87K

7(a)

Lessors of Nonresidential Buildings (except Miniwarehouses)

2019-04-24

R G PROPERTIES, LLC Lake Region Bank

New London, MN

56273

$338,100

$56K

7(a)

Bowling Centers

2012-11-01

DAHMES STAINLESS, INC.Heritage Bank, National Association

New London, MN

56273

$329,730

—

7(a)

Food Product Machinery Manufacturing

1996-06-27

MAC PRECISION CONCRETE INC United Prairie Bank

New London, MN

56273

$325,000

$54K

7(a)

Power and Communication Line and Related Structures Construction

2020-05-05

DAHMES STAINLESS INC

New London, MN · 56273

$4,408,000

7(a)

Falcon National Bank$63K/job · 2019-11-22

Donnerite Co.

New London, MN · 56273

$1,407,000

504

Midwest Business Finance Corporation$38K/job · 2012-09-27

Donnerite Co.

New London, MN · 56273

$1,200,000

7(a)

Granite Bank$44K/job · 2013-02-07

METRO TEL CORP OF MINNESOTA

New London, MN · 56273

$1,000,000

7(a)

Lake Region Bank2002-10-29

A & S Stores LLC

New London, MN · 56273

$908,000

7(a)

United Prairie Bank$65K/job · 2021-03-11

BJ's Marketplace, Inc

New London, MN · 56273

$893,000

7(a)

Readycap Lending, LLC$45K/job · 2006-12-27

Donnerite Co.

New London, MN · 56273

$710,000

7(a)

Granite Bank$26K/job · 2012-11-05

SNOW STUFF USA, INC.

New London, MN · 56273

$700,000

7(a)

Heritage Bank, National Association1996-08-20

Double J. Concrete & Masonry. Inc.

New London, MN · 56273

$651,100

7(a)

Lake Region Bank$26K/job · 2014-04-08

Double J. Concrete & Masonry. Inc.

New London, MN · 56273

$595,000

7(a)

Lake Region Bank$24K/job · 2013-04-30

HILLCREST TRUCK STOP

New London, MN · 56273

$571,000

504

Midwest Business Finance Corporation$190K/job · 2024-08-02

A & S Stores LLC

New London, MN · 56273

$568,000

7(a)

United Prairie Bank$41K/job · 2021-03-02

Groom Zone LLC

New London, MN · 56273

$500,000

7(a)

United Prairie Bank$83K/job · 2021-09-14

MAC PRECISION CONCRETE INC

New London, MN · 56273

$500,000

7(a)

United Prairie Bank$42K/job · 2021-09-27

Lettuce Abound Farms LLC

New London, MN · 56273

$437,500

7(a)

Lake Region Bank$55K/job · 2017-01-10

Diamond Lake Resort LLC

New London, MN · 56273

$414,000

504

Midwest Business Finance Corporation$138K/job · 2005-02-16

Van Ort Turf & Erosion, LLC

New London, MN · 56273

$400,000

7(a)

United Minnesota Bank$57K/job · 2026-01-22

C & T OF NEW LONDON, INC.

New London, MN · 56273

$385,000

7(a)

Center National Bank2005-09-19

THE COUNTRY STOP INC

New London, MN · 56273

$360,000

7(a)

United Prairie Bank1994-04-20

Unlimited Underground LLC

New London, MN · 56273

$360,000

7(a)

21st Century Bank$40K/job · 2026-01-30

FIVE STAR PUMPING, INC.

New London, MN · 56273

$350,000

7(a)

Lake Region Bank$70K/job · 2013-01-10

CHJ Properties LLC

New London, MN · 56273

$347,000

7(a)

Lake Region Bank$87K/job · 2019-04-24

R G PROPERTIES, LLC

New London, MN · 56273

$338,100

7(a)

Lake Region Bank$56K/job · 2012-11-01

DAHMES STAINLESS, INC.

New London, MN · 56273

$329,730

7(a)

Heritage Bank, National Association1996-06-27

MAC PRECISION CONCRETE INC

New London, MN · 56273

$325,000

7(a)

United Prairie Bank$54K/job · 2020-05-05

1–25 of 100

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