SBA Loans in Tofte, MN

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

all programs

Approved $

$3.8M

last 24 months

Avg loan

$954K

median $245K

Active lenders

approved here

Jobs supported

169

cumulative

Loan activity map

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TOFTE · 4 LOANS

Top lenders in Tofte

Midwest Business Finance Corporation

Old National Bank

Platinum Bank

Wells Fargo Bank National Association

Top industries in Tofte

Residential Property Managers

Supermarkets and Other Grocery (except Convenience) Stores

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Loan records · Tofte, MN

4 records

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Borrower

Location

Program

Industry

BFB Management LLC Platinum Bank

Tofte, MN

55615

$2,000,000

$13K

7(a)

Residential Property Managers

2020-04-28

AMERICINN TOFTE Old National Bank

Tofte, MN

55615

$650,000

–

7(a)

–

1992-07-09

TOFTE HOLIDAY INN EXPRESS Midwest Business Finance Corporation

Tofte, MN

55615

$644,000

$161K

504

–

1994-01-05

NORTH SHORE MARKET Wells Fargo Bank National Association

Tofte, MN

55615

$520,000

$104K

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2000-12-26

Platinum Bank$13K/job · 2020-04-28

Old National Bank1992-07-09

TOFTE HOLIDAY INN EXPRESS

Tofte, MN · 55615

$644,000

504

Midwest Business Finance Corporation$161K/job · 1994-01-05

Wells Fargo Bank National Association$104K/job · 2000-12-26

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