SBA Loans in Northfield, MN

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

198

all programs

Approved $

$60.5M

last 24 months

Avg loan

$305K

median $245K

Active lenders

approved here

Jobs supported

2,007

cumulative

Loan activity map

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NORTHFIELD · 198 LOANS

Top lenders in Northfield

Community Resource Bank

Merchants Bank, National Association

Wells Fargo Bank National Association

Twin Cities-Metro Certified Development Company

Frandsen Bank and Trust

Southeastern Minnesota 504 Development Corporation

Top industries in Northfield

Full-Service Restaurants

Distilleries

Limited-Service Restaurants

Site Preparation Contractors

Snack and Nonalcoholic Beverage Bars

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Loan records · Northfield, MN

198 records

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Borrower

Location

Program

Industry

Waterford Oil Company, Inc.Community Resource Bank

Northfield, MN

55057

$3,000,000

$143K

7(a)

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

2012-04-06

POLZIN GLASS REAL ESTATE LLC BankVista

Northfield, MN

55057

$2,139,000

$238K

7(a)

Automotive Glass Replacement Shops

2023-02-23

Aurora Pharmaceutical , LLC Wells Fargo Bank National Association

Northfield, MN

55057

$2,000,000

$20K

7(a)

Pharmaceutical Preparation Manufacturing

2009-08-18

EASTGATE FARMS, INC.Community Resource Bank

Northfield, MN

55057

$1,910,000

$76K

7(a)

Other Animal Food Manufacturing

2010-03-10

Perkins Specialized Transportation Contracting Wells Fargo Bank National Association

Northfield, MN

55057

$1,894,300

$29K

7(a)

"Specialized Freight (except Used Goods) Trucking, Long-Distance"

2016-09-20

Northfield Automation Systems, Inc Old National Bank

Northfield, MN

55057

$1,769,600

$51K

7(a)

Machine Shops

2007-01-19

TAYLOR REAL ESTATE LLC Old National Bank

Northfield, MN

55057

$1,587,600

$397K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2010-11-30

Loon Liquors LLC Southeastern Minnesota 504 Development Corporation

Northfield, MN

55057

$1,490,000

$745K

504

Distilleries

2025-03-06

Full Potential Therapy LLC Southeastern Minnesota 504 Development Corporation

Northfield, MN

55057

$1,381,000

$115K

504

"Offices of Physical, Occupational and Speech Therapists, and Audiologists"

2025-06-17

1800 Riverview Drive LLC Twin Cities-Metro Certified Development Company

Northfield, MN

55057

$1,241,000

$95K

504

Other Industrial Machinery Manufacturing

2021-10-01

COUNTRY INN OF NORTHFIELD Merchants Bank, National Association

Northfield, MN

55057

$1,123,000

—

7(a)

—

1992-09-03

LONSDALE PAINTING & DECORATING Merchants Bank, National Association

Northfield, MN

55057

$1,000,000

—

7(a)

Painting and Wall Covering

2001-06-22

2801 Acquisition, LLC Twin Cities-Metro Certified Development Company

Northfield, MN

55057

$999,000

$56K

504

Continuing Care Retirement Communities

2009-10-29

Northland Grading & Excavating LLC Merchants Bank, National Association

Northfield, MN

55057

$891,000

$89K

7(a)

Site Preparation Contractors

2018-05-29

CULVER'S OF NORTHFIELD Twin Cities-Metro Certified Development Company

Northfield, MN

55057

$847,000

$12K

504

Full-Service Restaurants

2008-08-07

Secure Base Counseling Center LLC Wells Fargo Bank National Association

Northfield, MN

55057

$845,200

$70K

7(a)

Offices of Mental Health Practitioners (except Physicians)

2019-08-05

ADVANCED MEDICAL INSTITUTE Sunrise Banks National Association

Northfield, MN

55057

$825,000

$118K

7(a)

"All Other Professional, Scientific, and Technical Services"

2006-04-28

TIEDEKEN NORTH ENTERPRISES INC.Southeastern Minnesota 504 Development Corporation

Northfield, MN

55057

$818,000

$51K

504

Limited-Service Restaurants

2009-09-12

Anna's Bananas Day Care Inc.Wells Fargo Bank National Association

Northfield, MN

55057

$806,000

$7K

7(a)

Child Day Care Services

2012-09-24

Anna's Bananas Day Care Inc.Wells Fargo Bank National Association

Northfield, MN

55057

$806,000

$7K

7(a)

Child Day Care Services

2012-09-26

ULTRA LINGUA, INC.Merchants Bank, National Association

Northfield, MN

55057

$767,000

$64K

7(a)

Other Computer Related Services

2010-12-16

TJS Ventures, LLC (EPC) & Schieck Orthodontics, PLLC (OC)PNC Bank, National Association

Northfield, MN

55057

$719,000

$360K

7(a)

Offices of Dentists

2013-08-29

BP EXPRESS Twin Cities-Metro Certified Development Company

Northfield, MN

55057

$702,000

$28K

504

Gasoline Stations with Convenience Stores

2004-08-19

NORTHFIELD FUNERAL HOME OF NOR Old National Bank

Northfield, MN

55057

$701,000

$351K

7(a)

Funeral Homes and Funeral Services

2001-07-31

SERVICEMASTER Merchants Bank, National Association

Northfield, MN

55057

$700,000

$9K

7(a)

Other Personal and Household Goods Repair and Maintenance

2009-09-03

Waterford Oil Company, Inc.

Northfield, MN · 55057

$3,000,000

7(a)

Community Resource Bank$143K/job · 2012-04-06

POLZIN GLASS REAL ESTATE LLC

Northfield, MN · 55057

$2,139,000

7(a)

BankVista$238K/job · 2023-02-23

Aurora Pharmaceutical , LLC

Northfield, MN · 55057

$2,000,000

7(a)

Wells Fargo Bank National Association$20K/job · 2009-08-18

EASTGATE FARMS, INC.

Northfield, MN · 55057

$1,910,000

7(a)

Community Resource Bank$76K/job · 2010-03-10

Perkins Specialized Transportation Contracting

Northfield, MN · 55057

$1,894,300

7(a)

Wells Fargo Bank National Association$29K/job · 2016-09-20

Northfield Automation Systems, Inc

Northfield, MN · 55057

$1,769,600

7(a)

Old National Bank$51K/job · 2007-01-19

TAYLOR REAL ESTATE LLC

Northfield, MN · 55057

$1,587,600

7(a)

Old National Bank$397K/job · 2010-11-30

Loon Liquors LLC

Northfield, MN · 55057

$1,490,000

504

Southeastern Minnesota 504 Development Corporation$745K/job · 2025-03-06

Full Potential Therapy LLC

Northfield, MN · 55057

$1,381,000

504

Southeastern Minnesota 504 Development Corporation$115K/job · 2025-06-17

1800 Riverview Drive LLC

Northfield, MN · 55057

$1,241,000

504

Twin Cities-Metro Certified Development Company$95K/job · 2021-10-01

COUNTRY INN OF NORTHFIELD

Northfield, MN · 55057

$1,123,000

7(a)

Merchants Bank, National Association1992-09-03

LONSDALE PAINTING & DECORATING

Northfield, MN · 55057

$1,000,000

7(a)

Merchants Bank, National Association2001-06-22

2801 Acquisition, LLC

Northfield, MN · 55057

$999,000

504

Twin Cities-Metro Certified Development Company$56K/job · 2009-10-29

Northland Grading & Excavating LLC

Northfield, MN · 55057

$891,000

7(a)

Merchants Bank, National Association$89K/job · 2018-05-29

CULVER'S OF NORTHFIELD

Northfield, MN · 55057

$847,000

504

Twin Cities-Metro Certified Development Company$12K/job · 2008-08-07

Secure Base Counseling Center LLC

Northfield, MN · 55057

$845,200

7(a)

Wells Fargo Bank National Association$70K/job · 2019-08-05

ADVANCED MEDICAL INSTITUTE

Northfield, MN · 55057

$825,000

7(a)

Sunrise Banks National Association$118K/job · 2006-04-28

TIEDEKEN NORTH ENTERPRISES INC.

Northfield, MN · 55057

$818,000

504

Southeastern Minnesota 504 Development Corporation$51K/job · 2009-09-12

Anna's Bananas Day Care Inc.

Northfield, MN · 55057

$806,000

7(a)

Wells Fargo Bank National Association$7K/job · 2012-09-24

Anna's Bananas Day Care Inc.

Northfield, MN · 55057

$806,000

7(a)

Wells Fargo Bank National Association$7K/job · 2012-09-26

ULTRA LINGUA, INC.

Northfield, MN · 55057

$767,000

7(a)

Merchants Bank, National Association$64K/job · 2010-12-16

TJS Ventures, LLC (EPC) & Schieck Orthodontics, PLLC (OC)

Northfield, MN · 55057

$719,000

7(a)

PNC Bank, National Association$360K/job · 2013-08-29

BP EXPRESS

Northfield, MN · 55057

$702,000

504

Twin Cities-Metro Certified Development Company$28K/job · 2004-08-19

NORTHFIELD FUNERAL HOME OF NOR

Northfield, MN · 55057

$701,000

7(a)

Old National Bank$351K/job · 2001-07-31

SERVICEMASTER

Northfield, MN · 55057

$700,000

7(a)

Merchants Bank, National Association$9K/job · 2009-09-03

1–25 of 198

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