SBA Loans in Redwood Falls, MN

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

Total SBA loans

all programs

Approved $

$11.4M

last 24 months

Avg loan

$184K

median $245K

Active lenders

approved here

Jobs supported

323

cumulative

Loan activity map

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REDWOOD FALLS · 62 LOANS

Top lenders in Redwood Falls

Midwest Business Finance Corporation

Old National Bank

Minnwest Bank

HomeTown Bank

Minnesota Valley Bank

Farmers and Merchants State Bank of Springfield

Top industries in Redwood Falls

Full-Service Restaurants

All Other Miscellaneous Crop Farming

Fitness and Recreational Sports Centers

Roofing, Siding, and Sheet Metal Contractors

Coin-Operated Laundries and Drycleaners

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Loan records · Redwood Falls, MN

62 records

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Borrower

Location

Program

Industry

WARRIOR MANUFACTURING ACQUISIT First Bank Elk River

Redwood Falls, MN

56283

$1,333,333

—

7(a)

All Other Motor Vehicle Parts Manufacturing

2001-12-19

Scott Group Properties LLC Midwest Business Finance Corporation

Redwood Falls, MN

56283

$704,000

$35K

504

Manufactured Home (Mobile Home) Manufacturing

2021-07-14

Hillestad Funeral Service, Inc.Old National Bank

Redwood Falls, MN

56283

$700,000

$140K

7(a)

Funeral Homes and Funeral Services

2014-07-30

WHIPPLE INC First Bank & Trust

Redwood Falls, MN

56283

$448,000

—

7(a)

—

1998-02-24

REDWOOD FALLS MOTORSPORTS AND Wells Fargo Bank National Association

Redwood Falls, MN

56283

$444,900

$89K

7(a)

Motorcycle Dealers

2004-10-12

WASH BOARD LAUNDROMAT & BUGGY Stearns Bank National Association

Redwood Falls, MN

56283

$423,400

$141K

7(a)

Car Washes

2000-03-08

REDWOOD CANDLE COMPANY, LLC HomeTown Bank

Redwood Falls, MN

56283

$400,000

—

7(a)

All Other Miscellaneous Manufacturing

2001-10-19

WASHBOARD LAUNDROMAT Minnwest Bank

Redwood Falls, MN

56283

$382,000

—

7(a)

Coin-Operated Laundries and Drycleaners

1993-11-19

REDWOOD FALLS SUPER 8 Stearns Bank National Association

Redwood Falls, MN

56283

$380,000

$63K

7(a)

Hotels (except Casino Hotels) and Motels

2000-10-27

THOMPSON HARDWOOD LUMBER COMPA Minnwest Bank

Redwood Falls, MN

56283

$375,000

—

7(a)

Other Millwork (including Flooring)

2001-12-17

Redwood Falls CK, LLC Old National Bank

Redwood Falls, MN

56283

$368,000

$18K

7(a)

Full-Service Restaurants

2013-05-02

COUNTRY KITCHEN Wells Fargo Bank National Association

Redwood Falls, MN

56283

$366,000

$5K

7(a)

Full-Service Restaurants

2005-09-30

J&K PHILLIPS 66 Old National Bank

Redwood Falls, MN

56283

$325,000

—

7(a)

—

1997-02-24

Scott Group Properties LLC Midwest Business Finance Corporation

Redwood Falls, MN

56283

$323,000

$16K

504

Manufactured Home (Mobile Home) Manufacturing

2021-01-23

Vance Corporation Old National Bank

Redwood Falls, MN

56283

$310,000

$24K

7(a)

Hardware Stores

2007-06-07

TIMOTHY E KULOW AND JOY L KULO Midwest Business Finance Corporation

Redwood Falls, MN

56283

$284,000

$71K

504

—

1999-09-20

JOHANNECK WATER CONDITIONING, INC.HomeTown Bank

Redwood Falls, MN

56283

$275,000

$28K

7(a)

Household Appliance Stores

2009-11-16

Schneider Ag Services LLC Midwest Business Finance Corporation

Redwood Falls, MN

56283

$239,000

$120K

504

Grain and Field Bean Merchant Wholesalers

2013-07-30

GOBLIRSCH TIRE AND SERVICE CEN Midwest Business Finance Corporation

Redwood Falls, MN

56283

$209,000

$30K

504

Tire Dealers

2007-03-30

KOHLS-WEELBORG FORD LINC-MERC.BMO Bank National Association

Redwood Falls, MN

56283

$200,000

—

7(a)

New Car Dealers

1992-05-28

Circle B Custom Co.Amplio Economic Development Corporation

Redwood Falls, MN

56283

$179,000

$18K

504

Postharvest Crop Activities (except Cotton Ginning)

2010-07-23

REDWOOD CANDLE COMPANY LLC Midwest Business Finance Corporation

Redwood Falls, MN

56283

$137,000

$8K

504

—

2000-09-21

REDWOOD TACOS, INC.Old National Bank

Redwood Falls, MN

56283

$131,000

—

7(a)

Full-Service Restaurants

2004-03-22

LLK Properties LLC Midwest Business Finance Corporation

Redwood Falls, MN

56283

$116,000

$17K

504

Motor Vehicle Supplies and New Parts Wholesalers

2001-11-06

REDWOOD TIRE SERVICE INC Midwest Business Finance Corporation

Redwood Falls, MN

56283

$114,000

$23K

504

—

1997-06-13

WARRIOR MANUFACTURING ACQUISIT

Redwood Falls, MN · 56283

$1,333,333

7(a)

First Bank Elk River2001-12-19

Scott Group Properties LLC

Redwood Falls, MN · 56283

$704,000

504

Midwest Business Finance Corporation$35K/job · 2021-07-14

Hillestad Funeral Service, Inc.

Redwood Falls, MN · 56283

$700,000

7(a)

Old National Bank$140K/job · 2014-07-30

WHIPPLE INC

Redwood Falls, MN · 56283

$448,000

7(a)

First Bank & Trust1998-02-24

REDWOOD FALLS MOTORSPORTS AND

Redwood Falls, MN · 56283

$444,900

7(a)

Wells Fargo Bank National Association$89K/job · 2004-10-12

WASH BOARD LAUNDROMAT & BUGGY

Redwood Falls, MN · 56283

$423,400

7(a)

Stearns Bank National Association$141K/job · 2000-03-08

REDWOOD CANDLE COMPANY, LLC

Redwood Falls, MN · 56283

$400,000

7(a)

HomeTown Bank2001-10-19

WASHBOARD LAUNDROMAT

Redwood Falls, MN · 56283

$382,000

7(a)

Minnwest Bank1993-11-19

REDWOOD FALLS SUPER 8

Redwood Falls, MN · 56283

$380,000

7(a)

Stearns Bank National Association$63K/job · 2000-10-27

THOMPSON HARDWOOD LUMBER COMPA

Redwood Falls, MN · 56283

$375,000

7(a)

Minnwest Bank2001-12-17

Redwood Falls CK, LLC

Redwood Falls, MN · 56283

$368,000

7(a)

Old National Bank$18K/job · 2013-05-02

COUNTRY KITCHEN

Redwood Falls, MN · 56283

$366,000

7(a)

Wells Fargo Bank National Association$5K/job · 2005-09-30

J&K PHILLIPS 66

Redwood Falls, MN · 56283

$325,000

7(a)

Old National Bank1997-02-24

Scott Group Properties LLC

Redwood Falls, MN · 56283

$323,000

504

Midwest Business Finance Corporation$16K/job · 2021-01-23

Vance Corporation

Redwood Falls, MN · 56283

$310,000

7(a)

Old National Bank$24K/job · 2007-06-07

TIMOTHY E KULOW AND JOY L KULO

Redwood Falls, MN · 56283

$284,000

504

Midwest Business Finance Corporation$71K/job · 1999-09-20

JOHANNECK WATER CONDITIONING, INC.

Redwood Falls, MN · 56283

$275,000

7(a)

HomeTown Bank$28K/job · 2009-11-16

Schneider Ag Services LLC

Redwood Falls, MN · 56283

$239,000

504

Midwest Business Finance Corporation$120K/job · 2013-07-30

GOBLIRSCH TIRE AND SERVICE CEN

Redwood Falls, MN · 56283

$209,000

504

Midwest Business Finance Corporation$30K/job · 2007-03-30

KOHLS-WEELBORG FORD LINC-MERC.

Redwood Falls, MN · 56283

$200,000

7(a)

BMO Bank National Association1992-05-28

Circle B Custom Co.

Redwood Falls, MN · 56283

$179,000

504

Amplio Economic Development Corporation$18K/job · 2010-07-23

REDWOOD CANDLE COMPANY LLC

Redwood Falls, MN · 56283

$137,000

504

Midwest Business Finance Corporation$8K/job · 2000-09-21

REDWOOD TACOS, INC.

Redwood Falls, MN · 56283

$131,000

7(a)

Old National Bank2004-03-22

LLK Properties LLC

Redwood Falls, MN · 56283

$116,000

504

Midwest Business Finance Corporation$17K/job · 2001-11-06

REDWOOD TIRE SERVICE INC

Redwood Falls, MN · 56283

$114,000

504

Midwest Business Finance Corporation$23K/job · 1997-06-13

1–25 of 62

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