SBA Loans in Richmond, MN

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

Total SBA loans

all programs

Approved $

$23.9M

last 24 months

Avg loan

$374K

median $245K

Active lenders

approved here

Jobs supported

505

cumulative

Loan activity map

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RICHMOND · 64 LOANS

Top lenders in Richmond

Falcon National Bank

Magnifi Financial CU

Farmers and Merchants State Bank of Pierz

Midwest Business Finance Corporation

Granite Bank

Stearns Bank National Association

Top industries in Richmond

"Plumbing, Heating, and Air-Conditioning Contractors"

Boat Dealers

Motor Vehicle Body Manufacturing

RV (Recreational Vehicle) Parks and Campgrounds

Lessors of Other Real Estate Property

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Loan records · Richmond, MN

64 records

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Borrower

Location

Program

Industry

Renegade Truck Equipment, Inc.Falcon National Bank

Richmond, MN

56368

$2,581,100

$108K

7(a)

Motor Vehicle Body Manufacturing

2023-05-30

C & D Granite LLC Falcon National Bank

Richmond, MN

56368

$2,182,100

$81K

7(a)

Cut Stone and Stone Product Manufacturing

2019-01-30

Arnold Bernard Gruenes Amplio Economic Development Corporation

Richmond, MN

56368

$1,944,000

$56K

504

Dairy Cattle and Milk Production

2017-10-20

Gilk Properties, LLC Falcon National Bank

Richmond, MN

56368

$1,592,000

$80K

7(a)

"Plumbing, Heating, and Air-Conditioning Contractors"

2021-11-26

Renegade Truck Equipment, Inc.Falcon National Bank

Richmond, MN

56368

$1,309,500

$55K

7(a)

Motor Vehicle Body Manufacturing

2023-05-30

In Tune Properties LLC Midwest Business Finance Corporation

Richmond, MN

56368

$933,000

$467K

504

Other Personal and Household Goods Repair and Maintenance

2020-09-10

C & D Granite LLC Stearns Bank National Association

Richmond, MN

56368

$758,000

$47K

7(a)

"Brick, Stone, and Related Construction Material Merchant Wholesalers"

2014-02-07

CFHANNEL PROPERTIES, LLC AND CHANNEL MARINE & SPORTS, INC.Granite Bank

Richmond, MN

56368

$727,000

$73K

7(a)

Motorcycle Dealers

2011-02-17

MORNING STAR RESORT & CAMPGROU Old National Bank

Richmond, MN

56368

$700,000

$175K

7(a)

RV (Recreational Vehicle) Parks and Campgrounds

2003-06-16

MTH Real Estate Enterprises, LLC Magnifi Financial CU

Richmond, MN

56368

$685,000

—

7(a)

Lessors of Other Real Estate Property

2020-09-30

RICHMOND A & W, INC.Stearns Bank National Association

Richmond, MN

56368

$681,300

$34K

7(a)

Limited-Service Restaurants

2015-09-28

MTH Real Estate Enterprises, LLC Magnifi Financial CU

Richmond, MN

56368

$650,000

$650K

7(a)

Lessors of Other Real Estate Property

2021-07-29

Chain of Lakes Dental, PLLC Falcon National Bank

Richmond, MN

56368

$534,000

$76K

7(a)

Offices of Dentists

2019-09-18

Jill's Cafe Midwest Business Finance Corporation

Richmond, MN

56368

$533,000

$133K

504

Full-Service Restaurants

2019-02-06

In Tune Motorsports LLC Magnifi Financial CU

Richmond, MN

56368

$500,000

$500K

7(a)

Boat Dealers

2023-04-13

Gilk Plumbing Heating and AC LLC Falcon National Bank

Richmond, MN

56368

$500,000

$23K

7(a)

"Plumbing, Heating, and Air-Conditioning Contractors"

2026-01-29

In Tune Motorsports LLC Magnifi Financial CU

Richmond, MN

56368

$400,000

$400K

7(a)

Boat Dealers

2021-02-12

Renegade Truck Equipment, Inc.Falcon National Bank

Richmond, MN

56368

$366,000

$11K

7(a)

Motor Vehicle Body Manufacturing

2024-06-12

The Wenner Company Twin Cities-Metro Certified Development Company

Richmond, MN

56368

$334,000

—

504

Funeral Homes and Funeral Services

2011-10-18

PRODIGY OPTICAL, INC.Magnifi Financial CU

Richmond, MN

56368

$320,000

$12K

7(a)

Ophthalmic Goods Manufacturing

2010-09-07

River Power and Equipment Midwest Business Finance Corporation

Richmond, MN

56368

$281,000

$56K

504

Farm and Garden Machinery and Equipment Merchant Wholesalers

2023-03-09

WAYNE'S ON MAIN Center National Bank

Richmond, MN

56368

$267,000

—

7(a)

Drinking Places (Alcoholic Beverages)

1998-02-27

In Tune Properties LLC BankVista

Richmond, MN

56368

$260,000

$19K

7(a)

Boat Dealers

2015-06-02

Transition Financial Solutions LLC Falcon National Bank

Richmond, MN

56368

$250,000

$83K

7(a)

Investment Advice

2017-12-18

Gertken Bros., Inc.Falcon National Bank

Richmond, MN

56368

$237,000

$40K

7(a)

Landscaping Services

2025-03-26

Renegade Truck Equipment, Inc.

Richmond, MN · 56368

$2,581,100

7(a)

Falcon National Bank$108K/job · 2023-05-30

Falcon National Bank$81K/job · 2019-01-30

Arnold Bernard Gruenes

Richmond, MN · 56368

$1,944,000

504

Amplio Economic Development Corporation$56K/job · 2017-10-20

Falcon National Bank$80K/job · 2021-11-26

Renegade Truck Equipment, Inc.

Richmond, MN · 56368

$1,309,500

7(a)

Falcon National Bank$55K/job · 2023-05-30

In Tune Properties LLC

Richmond, MN · 56368

$933,000

504

Midwest Business Finance Corporation$467K/job · 2020-09-10

Stearns Bank National Association$47K/job · 2014-02-07

CFHANNEL PROPERTIES, LLC AND CHANNEL MARINE & SPORTS, INC.

Richmond, MN · 56368

$727,000

7(a)

Granite Bank$73K/job · 2011-02-17

MORNING STAR RESORT & CAMPGROU

Richmond, MN · 56368

$700,000

7(a)

Old National Bank$175K/job · 2003-06-16

MTH Real Estate Enterprises, LLC

Richmond, MN · 56368

$685,000

7(a)

Magnifi Financial CU2020-09-30

Stearns Bank National Association$34K/job · 2015-09-28

MTH Real Estate Enterprises, LLC

Richmond, MN · 56368

$650,000

7(a)

Magnifi Financial CU$650K/job · 2021-07-29

Chain of Lakes Dental, PLLC

Richmond, MN · 56368

$534,000

7(a)

Falcon National Bank$76K/job · 2019-09-18

Midwest Business Finance Corporation$133K/job · 2019-02-06

In Tune Motorsports LLC

Richmond, MN · 56368

$500,000

7(a)

Magnifi Financial CU$500K/job · 2023-04-13

Gilk Plumbing Heating and AC LLC

Richmond, MN · 56368

$500,000

7(a)

Falcon National Bank$23K/job · 2026-01-29

In Tune Motorsports LLC

Richmond, MN · 56368

$400,000

7(a)

Magnifi Financial CU$400K/job · 2021-02-12

Renegade Truck Equipment, Inc.

Richmond, MN · 56368

$366,000

7(a)

Falcon National Bank$11K/job · 2024-06-12

Twin Cities-Metro Certified Development Company2011-10-18

PRODIGY OPTICAL, INC.

Richmond, MN · 56368

$320,000

7(a)

Magnifi Financial CU$12K/job · 2010-09-07

River Power and Equipment

Richmond, MN · 56368

$281,000

504

Midwest Business Finance Corporation$56K/job · 2023-03-09

Center National Bank1998-02-27

In Tune Properties LLC

Richmond, MN · 56368

$260,000

7(a)

BankVista$19K/job · 2015-06-02

Transition Financial Solutions LLC

Richmond, MN · 56368

$250,000

7(a)

Falcon National Bank$83K/job · 2017-12-18

Falcon National Bank$40K/job · 2025-03-26

1–25 of 64

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