SBA Loans in Park Rapids, MN

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

Total SBA loans

179

all programs

Approved $

$35.3M

last 24 months

Avg loan

$197K

median $245K

Active lenders

approved here

Jobs supported

827

cumulative

Loan activity map

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PARK RAPIDS · 179 LOANS

Top lenders in Park Rapids

Northwoods Bank of Minnesota

The Citizens National Bank of Park Rapids

Midwest Business Finance Corporation

Northview Bank

Community First Bank

BayFirst National Bank

Top industries in Park Rapids

Full-Service Restaurants

"Gift, Novelty, and Souvenir Stores"

Hotels (except Casino Hotels) and Motels

Wood Container and Pallet Manufacturing

General Automotive Repair

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Loan records · Park Rapids, MN

179 records

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Borrower

Location

Program

Industry

Dally Enterprises, LLC Old National Bank

Park Rapids, MN

56470

$1,612,800

$1.6M

7(a)

All Other Personal Services

2022-05-02

Isle O'Dreams Lodge The Citizens National Bank of Park Rapids

Park Rapids, MN

56470

$1,600,000

$89K

7(a)

Hotels (except Casino Hotels) and Motels

2012-09-12

Arbuda Real Estate LLC The MINT National Bank

Park Rapids, MN

56470

$1,250,000

$179K

7(a)

Hotels (except Casino Hotels) and Motels

2017-02-23

DOMINO PORPERTIES, INC.Northview Bank

Park Rapids, MN

56740

$1,075,000

–

7(a)

New Car Dealers

2002-06-21

DAVE & EARL'S COUNTRY STORE Northview Bank

Park Rapids, MN

56470

$1,070,000

–

7(a)

–

1992-12-11

McBrady Restoration LLC Newtek Bank, National Association

Park Rapids, MN

56470

$1,000,000

$125K

7(a)

Remediation Services

2024-05-10

DE LA HUNT MEDIA INC.Northwoods Bank of Minnesota

Park Rapids, MN

56470

$1,000,000

$100K

7(a)

Radio Networks

2021-07-14

Wambolt Bottle Lake Cabin Corporation Midwest Business Finance Corporation

Park Rapids, MN

56470

$704,000

$235K

504

RV (Recreational Vehicle) Parks and Campgrounds

2022-01-06

PAUL R. KOSTELECKY Midwest Business Finance Corporation

Park Rapids, MN

56470

$700,000

$700K

504

Hotels (except Casino Hotels) and Motels

2008-05-06

Doug N Ruthann's Adventures, Inc.Midwest Business Finance Corporation

Park Rapids, MN

56470

$661,000

$94K

504

Recreational and Vacation Camps (except Campgrounds)

2019-03-01

The Good Life Cafe Midwest Business Finance Corporation

Park Rapids, MN

56470

$646,000

$81K

504

Full-Service Restaurants

2019-04-05

GREEN VALLEY BEAN COMPANY LLC Dakota Business Lending

Park Rapids, MN

56470

$576,000

$64K

504

Postharvest Crop Activities (except Cotton Ginning)

2005-09-16

Cloyd Funeral Homes, LLC Old National Bank

Park Rapids, MN

56470

$574,000

$144K

7(a)

Funeral Homes and Funeral Services

2023-12-13

AMERICINN OF PARK RAPIDS INC Midwest Business Finance Corporation

Park Rapids, MN

56470

$517,000

$74K

504

–

1995-08-25

Care Age Country Home, Inc.Midwest Business Finance Corporation

Park Rapids, MN

56470

$505,000

$253K

504

Homes for the Elderly

2020-08-18

HUBBARD COUNTY ABSTRACT AND CLOSING INC The Citizens National Bank of Park Rapids

Park Rapids, MN

56470

$490,000

$98K

7(a)

Title Abstract and Settlement Offices

2021-03-29

Safe and Sound Contracting LLC Dakota Business Lending

Park Rapids, MN

56470

$431,000

–

504

All Other Traveler Accommodation

2018-12-20

POLAR SUPPLY CO., INC.Community First Bank

Park Rapids, MN

56470

$399,000

–

7(a)

–

1991-02-20

BKlarson, Inc.Midwest Business Finance Corporation

Park Rapids, MN

56470

$397,000

–

504

Hotels (except Casino Hotels) and Motels

2013-08-15

DesJardins Enterprises, LLC The Citizens National Bank of Park Rapids

Park Rapids, MN

56470

$380,000

$17K

7(a)

Full-Service Restaurants

2023-02-06

WEST FORTY OF PARK RAPIDS Northwoods Bank of Minnesota

Park Rapids, MN

56470

$375,000

–

7(a)

Drinking Places (Alcoholic Beverages)

1998-02-11

EILEEN M REISH Midwest Business Finance Corporation

Park Rapids, MN

56470

$371,000

$31K

504

"Gift, Novelty, and Souvenir Stores"

2003-03-19

EDGEWOOD RESORT Northwoods Bank of Minnesota

Park Rapids, MN

56470

$365,000

–

7(a)

–

1994-10-18

SJT Properties Inc.Midwest Business Finance Corporation

Park Rapids, MN

56470

$354,000

$177K

504

Hotels (except Casino Hotels) and Motels

2017-11-08

CLANCY'S ON ISLAND LAKE INC.Twin Cities-Metro Certified Development Company

Park Rapids, MN

56470

$344,000

–

504

Full-Service Restaurants

2020-05-08

Dally Enterprises, LLC

Park Rapids, MN · 56470

$1,612,800

7(a)

Old National Bank$1.6M/job · 2022-05-02

Isle O'Dreams Lodge

Park Rapids, MN · 56470

$1,600,000

7(a)

The Citizens National Bank of Park Rapids$89K/job · 2012-09-12

Arbuda Real Estate LLC

Park Rapids, MN · 56470

$1,250,000

7(a)

The MINT National Bank$179K/job · 2017-02-23

DOMINO PORPERTIES, INC.

Park Rapids, MN · 56740

$1,075,000

7(a)

Northview Bank2002-06-21

DAVE & EARL'S COUNTRY STORE

Park Rapids, MN · 56470

$1,070,000

7(a)

Northview Bank1992-12-11

McBrady Restoration LLC

Park Rapids, MN · 56470

$1,000,000

7(a)

Newtek Bank, National Association$125K/job · 2024-05-10

DE LA HUNT MEDIA INC.

Park Rapids, MN · 56470

$1,000,000

7(a)

Northwoods Bank of Minnesota$100K/job · 2021-07-14

Wambolt Bottle Lake Cabin Corporation

Park Rapids, MN · 56470

$704,000

504

Midwest Business Finance Corporation$235K/job · 2022-01-06

PAUL R. KOSTELECKY

Park Rapids, MN · 56470

$700,000

504

Midwest Business Finance Corporation$700K/job · 2008-05-06

Doug N Ruthann's Adventures, Inc.

Park Rapids, MN · 56470

$661,000

504

Midwest Business Finance Corporation$94K/job · 2019-03-01

The Good Life Cafe

Park Rapids, MN · 56470

$646,000

504

Midwest Business Finance Corporation$81K/job · 2019-04-05

GREEN VALLEY BEAN COMPANY LLC

Park Rapids, MN · 56470

$576,000

504

Dakota Business Lending$64K/job · 2005-09-16

Cloyd Funeral Homes, LLC

Park Rapids, MN · 56470

$574,000

7(a)

Old National Bank$144K/job · 2023-12-13

AMERICINN OF PARK RAPIDS INC

Park Rapids, MN · 56470

$517,000

504

Midwest Business Finance Corporation$74K/job · 1995-08-25

Care Age Country Home, Inc.

Park Rapids, MN · 56470

$505,000

504

Midwest Business Finance Corporation$253K/job · 2020-08-18

HUBBARD COUNTY ABSTRACT AND CLOSING INC

Park Rapids, MN · 56470

$490,000

7(a)

The Citizens National Bank of Park Rapids$98K/job · 2021-03-29

Safe and Sound Contracting LLC

Park Rapids, MN · 56470

$431,000

504

Dakota Business Lending2018-12-20

POLAR SUPPLY CO., INC.

Park Rapids, MN · 56470

$399,000

7(a)

Community First Bank1991-02-20

BKlarson, Inc.

Park Rapids, MN · 56470

$397,000

504

Midwest Business Finance Corporation2013-08-15

DesJardins Enterprises, LLC

Park Rapids, MN · 56470

$380,000

7(a)

The Citizens National Bank of Park Rapids$17K/job · 2023-02-06

WEST FORTY OF PARK RAPIDS

Park Rapids, MN · 56470

$375,000

7(a)

Northwoods Bank of Minnesota1998-02-11

EILEEN M REISH

Park Rapids, MN · 56470

$371,000

504

Midwest Business Finance Corporation$31K/job · 2003-03-19

EDGEWOOD RESORT

Park Rapids, MN · 56470

$365,000

7(a)

Northwoods Bank of Minnesota1994-10-18

SJT Properties Inc.

Park Rapids, MN · 56470

$354,000

504

Midwest Business Finance Corporation$177K/job · 2017-11-08

CLANCY'S ON ISLAND LAKE INC.

Park Rapids, MN · 56470

$344,000

504

Twin Cities-Metro Certified Development Company2020-05-08

1–25 of 179

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