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SBA Loans in Solway, MN

Explore recent SBA 7(a) and 504 lending activity in Solway. 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
20
all programs
Approved $
$2.3M
last 24 months
Avg loan
$116K
median $245K
Active lenders
9
approved here
Jobs supported
44
cumulative

Loan activity map

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SOLWAY · 20 LOANS

Top lenders in Solway

Ultima Bank Minnesota
10
Deerwood Bank
2
The Citizens National Bank of Park Rapids
2
BMO Bank National Association
1
COFSB, National Association
1
Midwest Business Finance Corporation
1

Top industries in Solway

Beef Cattle Ranching and Farming
6
Digital Printing
2
Dual-Purpose Cattle Ranching and Farming
2
General Automotive Repair
2
Machine Shops
2
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Loan records · Solway, MN
20 records
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Mind Right, LLP
Solway, MN · 56678
$380,000
7(a)
Ultima Bank Minnesota$190K/job · 2024-03-30
SOLWAY PETROLEUM, INC
Solway, MN · 56678
$371,500
7(a)
Wells Fargo Bank National Association1997-04-18
KOLE AND YUMIKO THOMPSON(EPC) AND THOMPSON AUTO REPAIR LLC (OC)
Solway, MN · 56678
$287,000
7(a)
The First National Bank of Bemidji$96K/job · 2010-11-30
Cody Rohde
Solway, MN · 56678
$200,000
7(a)
Ultima Bank Minnesota$100K/job · 2024-08-13
Cody Rohde
Solway, MN · 56678
$168,000
7(a)
Ultima Bank Minnesota$84K/job · 2021-06-29
Cody Rohde
Solway, MN · 56678
$145,000
7(a)
Ultima Bank Minnesota$73K/job · 2021-12-27
Cody Rohde
Solway, MN · 56678
$110,000
7(a)
Ultima Bank Minnesota$55K/job · 2022-03-28
ADVANCED MACHINING SOLUTIONS LLC
Solway, MN · 56678
$100,000
7(a)
The Citizens National Bank of Park Rapids$25K/job · 2012-01-23
BLACKSTAR DAIRY
Solway, MN · 56678
$98,000
504
Midwest Business Finance Corporation$49K/job · 2000-08-11
BRIAN K. LARSON
Solway, MN · 56678
$75,000
7(a)
Deerwood Bank$38K/job · 2010-12-04
JH Lawn Solutions LLC
Solway, MN · 56678
$65,000
7(a)
Security Bank USA$65K/job · 2022-09-13
ITASCA AUTO REPAIR
Solway, MN · 56678
$61,500
7(a)
Ultima Bank Minnesota$62K/job · 2007-08-06
Cody Rohde
Solway, MN · 56678
$61,000
7(a)
Ultima Bank Minnesota$31K/job · 2020-07-30
Cody Rohde
Solway, MN · 56678
$50,000
7(a)
Ultima Bank Minnesota$25K/job · 2016-08-18
CUDMORE CONSTRUCTION INC
Solway, MN · 56678
$50,000
7(a)
COFSB, National Association$10K/job · 2004-01-30
Barton T Fast
Solway, MN · 56678
$24,000
7(a)
Ultima Bank Minnesota$12K/job · 2021-02-12
D & T Tools, LLC
Solway, MN · 56678
$24,000
7(a)
BMO Bank National Association$12K/job · 2010-01-06
ADVANCED MACHINING SOLUTIONS LLC
Solway, MN · 56678
$20,000
7(a)
The Citizens National Bank of Park Rapids$10K/job · 2012-04-26
Amity Graphics
Solway, MN · 56678
$20,000
7(a)
Deerwood Bank$5K/job · 2010-11-17
Barton T Fast
Solway, MN · 56678
$13,500
7(a)
Ultima Bank Minnesota$7K/job · 2020-07-09
1–20 of 20
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