SBA Loans in Springfield, MN

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

Total SBA loans

all programs

Approved $

$5.8M

last 24 months

Avg loan

$143K

median $245K

Active lenders

approved here

Jobs supported

284

cumulative

Loan activity map

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SPRINGFIELD · 41 LOANS

Top lenders in Springfield

Farmers and Merchants State Bank of Springfield

Wells Fargo Bank National Association

MidCountry Bank

First Security Bank-Sleepy Eye

Heritage Bank, National Association

Southeastern Minnesota 504 Development Corporation

Top industries in Springfield

"General Freight Trucking, Local"

"General Freight Trucking, Long-Distance, Truckload"

Limited-Service Restaurants

Painting and Wall Covering Contractors

Beef Cattle Ranching and Farming

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Loan records · Springfield, MN

41 records

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Borrower

Location

Program

Industry

Hamlin Ag Marketing & Consulting, LLC Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$1,000,000

$167K

7(a)

Beef Cattle Ranching and Farming

2014-08-27

TAUER'S FOODS, INC.Southeastern Minnesota 504 Development Corporation

Springfield, MN

56087

$736,000

$24K

504

Supermarkets and Other Grocery (except Convenience) Stores

2004-07-27

Fredin Brothers, LLP Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$528,300

$33K

7(a)

Livestock Merchant Wholesalers

2012-06-06

Teske Manufacturing, Inc.Twin Cities-Metro Certified Development Company

Springfield, MN

56087

$380,000

$48K

504

All Other Miscellaneous General Purpose Machinery Manufacturing

2007-07-20

BARRON FABRICATIONS INC Wells Fargo Bank National Association

Springfield, MN

56087

$300,000

$6K

7(a)

Farm Machinery and Equipment Manufacturing

2001-06-06

BARRON FABRICATIONS INC Wells Fargo Bank National Association

Springfield, MN

56087

$225,000

—

7(a)

—

1995-08-14

Tommy's Central Street Steakhouse, LLC Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$205,000

$5K

7(a)

Full-Service Restaurants

2007-08-15

BARRON FABRICATIONS INC Wells Fargo Bank National Association

Springfield, MN

56087

$183,120

—

7(a)

—

1994-08-15

John & Heather Holles Trucking, Inc Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$155,000

$22K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2007-10-03

Hamlin Ag Marketing & Consulting, LLC Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$150,000

$50K

7(a)

Beef Cattle Ranching and Farming

2013-05-01

Springfield Advance-Press Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$150,000

$38K

7(a)

Newspaper Publishers

2020-11-16

Fredin Brothers, LLP Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$150,000

$9K

7(a)

Livestock Merchant Wholesalers

2014-09-17

DT Johnson Transport Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$148,000

$148K

7(a)

"General Freight Trucking, Local"

2015-07-07

ERICKSON'S AMOCO HANDI-MART First Security Bank-Sleepy Eye

Springfield, MN

56087

$135,000

—

7(a)

Gasoline Stations with Convenience Stores

2001-11-21

KRUEGER'S DEPARTMENT STORE United Prairie Bank

Springfield, MN

56087

$120,000

—

7(a)

Department Stores

1999-10-19

Corwin G & Kari L Brand Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$120,000

$9K

7(a)

Limited-Service Restaurants

2008-10-09

JONES TRUE VALUE Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$95,000

—

7(a)

Hardware Stores

2000-09-26

Miesen's Color Center Co., Inc.Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$90,000

$9K

7(a)

Painting and Wall Covering Contractors

2010-02-24

John & Heather Holles Trucking, Inc Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$81,000

$10K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2007-10-03

Daniel H Schmitz Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$72,000

$72K

7(a)

All Other Miscellaneous Store Retailers (except Tobacco Stores)

2011-04-28

ANYTIME FITNESS Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$70,000

—

7(a)

Fitness and Recreational Sports Centers

2005-12-23

DT Johnson Transport Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$60,000

$30K

7(a)

"General Freight Trucking, Local"

2016-04-04

COAST TO COAST Farmers and Merchants State Bank of Springfield

Springfield, MN

56087

$60,000

—

7(a)

Hardware Stores

1996-02-29

RC SPROTS BAR & GRILL INC MidCountry Bank

Springfield, MN

56087

$55,180

—

7(a)

Drinking Places (Alcoholic Beverages)

1996-10-29

SPRINGFIELD LANES MidCountry Bank

Springfield, MN

56087

$55,000

—

7(a)

Sports and Recreation Instruction

2001-04-30

Hamlin Ag Marketing & Consulting, LLC

Springfield, MN · 56087

$1,000,000

7(a)

Farmers and Merchants State Bank of Springfield$167K/job · 2014-08-27

TAUER'S FOODS, INC.

Springfield, MN · 56087

$736,000

504

Southeastern Minnesota 504 Development Corporation$24K/job · 2004-07-27

Fredin Brothers, LLP

Springfield, MN · 56087

$528,300

7(a)

Farmers and Merchants State Bank of Springfield$33K/job · 2012-06-06

Teske Manufacturing, Inc.

Springfield, MN · 56087

$380,000

504

Twin Cities-Metro Certified Development Company$48K/job · 2007-07-20

BARRON FABRICATIONS INC

Springfield, MN · 56087

$300,000

7(a)

Wells Fargo Bank National Association$6K/job · 2001-06-06

BARRON FABRICATIONS INC

Springfield, MN · 56087

$225,000

7(a)

Wells Fargo Bank National Association1995-08-14

Tommy's Central Street Steakhouse, LLC

Springfield, MN · 56087

$205,000

7(a)

Farmers and Merchants State Bank of Springfield$5K/job · 2007-08-15

BARRON FABRICATIONS INC

Springfield, MN · 56087

$183,120

7(a)

Wells Fargo Bank National Association1994-08-15

John & Heather Holles Trucking, Inc

Springfield, MN · 56087

$155,000

7(a)

Farmers and Merchants State Bank of Springfield$22K/job · 2007-10-03

Hamlin Ag Marketing & Consulting, LLC

Springfield, MN · 56087

$150,000

7(a)

Farmers and Merchants State Bank of Springfield$50K/job · 2013-05-01

Springfield Advance-Press

Springfield, MN · 56087

$150,000

7(a)

Farmers and Merchants State Bank of Springfield$38K/job · 2020-11-16

Fredin Brothers, LLP

Springfield, MN · 56087

$150,000

7(a)

Farmers and Merchants State Bank of Springfield$9K/job · 2014-09-17

DT Johnson Transport

Springfield, MN · 56087

$148,000

7(a)

Farmers and Merchants State Bank of Springfield$148K/job · 2015-07-07

ERICKSON'S AMOCO HANDI-MART

Springfield, MN · 56087

$135,000

7(a)

First Security Bank-Sleepy Eye2001-11-21

KRUEGER'S DEPARTMENT STORE

Springfield, MN · 56087

$120,000

7(a)

United Prairie Bank1999-10-19

Corwin G & Kari L Brand

Springfield, MN · 56087

$120,000

7(a)

Farmers and Merchants State Bank of Springfield$9K/job · 2008-10-09

JONES TRUE VALUE

Springfield, MN · 56087

$95,000

7(a)

Farmers and Merchants State Bank of Springfield2000-09-26

Miesen's Color Center Co., Inc.

Springfield, MN · 56087

$90,000

7(a)

Farmers and Merchants State Bank of Springfield$9K/job · 2010-02-24

John & Heather Holles Trucking, Inc

Springfield, MN · 56087

$81,000

7(a)

Farmers and Merchants State Bank of Springfield$10K/job · 2007-10-03

Daniel H Schmitz

Springfield, MN · 56087

$72,000

7(a)

Farmers and Merchants State Bank of Springfield$72K/job · 2011-04-28

ANYTIME FITNESS

Springfield, MN · 56087

$70,000

7(a)

Farmers and Merchants State Bank of Springfield2005-12-23

DT Johnson Transport

Springfield, MN · 56087

$60,000

7(a)

Farmers and Merchants State Bank of Springfield$30K/job · 2016-04-04

COAST TO COAST

Springfield, MN · 56087

$60,000

7(a)

Farmers and Merchants State Bank of Springfield1996-02-29

RC SPROTS BAR & GRILL INC

Springfield, MN · 56087

$55,180

7(a)

MidCountry Bank1996-10-29

SPRINGFIELD LANES

Springfield, MN · 56087

$55,000

7(a)

MidCountry Bank2001-04-30

1–25 of 41

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