SBA Loans in Willmar, MN

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

Total SBA loans

396

all programs

Approved $

$113.3M

last 24 months

Avg loan

$286K

median $245K

Active lenders

approved here

Jobs supported

2,386

cumulative

Loan activity map

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WILLMAR · 396 LOANS

Top lenders in Willmar

Heritage Bank, National Association

Midwest Business Finance Corporation

Lake Region Bank

Old National Bank

Home State Bank

Kensington Bank

Top industries in Willmar

Hotels (except Casino Hotels) and Motels

Insurance Agencies and Brokerages

General Automotive Repair

Limited-Service Restaurants

Sporting Goods Stores

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Loan records · Willmar, MN

396 records

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Borrower

Location

Program

Industry

Torgerson Properties, Inc.Midwest Business Finance Corporation

Willmar, MN

56201

$3,815,000

$173K

504

Hotels (except Casino Hotels) and Motels

2013-01-28

Woodland Ventures, LLC Old National Bank

Willmar, MN

56201

$3,500,000

$3.5M

7(a)

Home Centers

2022-04-29

Hennen Furniture, Inc.Wells Fargo Bank National Association

Willmar, MN

56201

$3,450,000

$314K

7(a)

Furniture Stores

2016-03-31

Christianson & Associates Properties II, LLC Midwest Business Finance Corporation

Willmar, MN

56201

$3,268,000

$163K

504

Offices of Certified Public Accountants

2026-01-28

Designed Environments, Inc.Home State Bank

Willmar, MN

56201

$2,822,600

$353K

7(a)

Other Commercial Equipment Merchant Wholesalers

2022-09-23

RAK Const., LLC Kensington Bank

Willmar, MN

56201

$2,700,000

$1.4M

7(a)

New Single-Family Housing Construction (except Operative Builders)

2018-01-25

Koosman Design-Build LLC Kensington Bank

Willmar, MN

56201

$2,700,000

$386K

7(a)

New Single-Family Housing Construction (except Operative Builders)

2018-04-16

AEHE L. L. C.Alerus Financial, National Association

Willmar, MN

56201

$2,150,500

$269K

7(a)

Hotels (except Casino Hotels) and Motels

2017-10-18

Sahajanand Willmar LLC The Huntington National Bank

Willmar, MN

56201

$1,776,000

$118K

7(a)

Hotels (except Casino Hotels) and Motels

2018-02-28

AEHC, LLC Alerus Financial, National Association

Willmar, MN

56201

$1,520,000

$380K

7(a)

Hotels (except Casino Hotels) and Motels

2015-07-23

CULVER'S OF WILLMAR LLC AND SC Old National Bank

Willmar, MN

56201

$1,461,000

$24K

7(a)

Limited-Service Restaurants

2001-06-08

Floor to Ceiling of Willmar, LLC Granite Bank

Willmar, MN

56201

$1,400,000

$82K

7(a)

Paint and Wallpaper Stores

2023-10-10

PSM Hospitality Inc Shoreham Bank

Willmar, MN

56201

$1,350,000

$270K

7(a)

Hotels (except Casino Hotels) and Motels

2024-11-25

Anant Hospitality, LLC Enterprise Bank & Trust

Willmar, MN

56201

$1,319,300

$188K

7(a)

Hotels (except Casino Hotels) and Motels

2023-07-14

HAUG IMPLEMENT CO INC Heritage Bank, National Association

Willmar, MN

56201

$1,300,000

—

7(a)

—

1998-03-19

South 71 Veterinary Clinic Midwest Business Finance Corporation

Willmar, MN

56201

$1,272,000

$106K

504

Support Activities for Animal Production

2022-02-11

S & D LIQUOR, INC.Home State Bank

Willmar, MN

56201

$1,200,000

$48K

7(a)

"Beer, Wine, and Liquor Stores"

2011-01-11

RKBT Properties, LLC Heritage Bank, National Association

Willmar, MN

56201

$1,062,500

$89K

7(a)

Home Centers

2014-11-19

JD and DK Holdings LLC Wells Fargo Bank National Association

Willmar, MN

56201

$1,050,200

$210K

7(a)

Insurance Agencies and Brokerages

2013-02-06

Monson Corporation Heritage Bank, National Association

Willmar, MN

56201

$1,000,000

$7K

7(a)

Other Heavy and Civil Engineering Construction

2012-04-10

SLUMBERLAND Midwest Business Finance Corporation

Willmar, MN

56201

$922,000

$307K

504

Furniture Stores

2008-08-04

FAMILY EYE CLINIC OF WILLMAR,Heritage Bank, National Association

Willmar, MN

56201

$870,000

—

7(a)

Offices of Optometrists

1991-05-07

Russell Peterson and Teresa Peterson United Prairie Bank

Willmar, MN

56201

$868,000

$124K

7(a)

All Other Automotive Repair and Maintenance

2019-12-09

His Land Company, LLC Midwest Business Finance Corporation

Willmar, MN

56201

$851,000

$106K

504

Limited-Service Restaurants

2017-08-28

Fath Family Properties, LLC Midwest Business Finance Corporation

Willmar, MN

56201

$840,000

—

504

"General Freight Trucking, Local"

2017-11-20

Torgerson Properties, Inc.

Willmar, MN · 56201

$3,815,000

504

Midwest Business Finance Corporation$173K/job · 2013-01-28

Woodland Ventures, LLC

Willmar, MN · 56201

$3,500,000

7(a)

Old National Bank$3.5M/job · 2022-04-29

Hennen Furniture, Inc.

Willmar, MN · 56201

$3,450,000

7(a)

Wells Fargo Bank National Association$314K/job · 2016-03-31

Christianson & Associates Properties II, LLC

Willmar, MN · 56201

$3,268,000

504

Midwest Business Finance Corporation$163K/job · 2026-01-28

Designed Environments, Inc.

Willmar, MN · 56201

$2,822,600

7(a)

Home State Bank$353K/job · 2022-09-23

Kensington Bank$1.4M/job · 2018-01-25

Koosman Design-Build LLC

Willmar, MN · 56201

$2,700,000

7(a)

Kensington Bank$386K/job · 2018-04-16

Alerus Financial, National Association$269K/job · 2017-10-18

Sahajanand Willmar LLC

Willmar, MN · 56201

$1,776,000

7(a)

The Huntington National Bank$118K/job · 2018-02-28

Alerus Financial, National Association$380K/job · 2015-07-23

CULVER'S OF WILLMAR LLC AND SC

Willmar, MN · 56201

$1,461,000

7(a)

Old National Bank$24K/job · 2001-06-08

Floor to Ceiling of Willmar, LLC

Willmar, MN · 56201

$1,400,000

7(a)

Granite Bank$82K/job · 2023-10-10

Shoreham Bank$270K/job · 2024-11-25

Anant Hospitality, LLC

Willmar, MN · 56201

$1,319,300

7(a)

Enterprise Bank & Trust$188K/job · 2023-07-14

HAUG IMPLEMENT CO INC

Willmar, MN · 56201

$1,300,000

7(a)

Heritage Bank, National Association1998-03-19

South 71 Veterinary Clinic

Willmar, MN · 56201

$1,272,000

504

Midwest Business Finance Corporation$106K/job · 2022-02-11

Home State Bank$48K/job · 2011-01-11

Heritage Bank, National Association$89K/job · 2014-11-19

JD and DK Holdings LLC

Willmar, MN · 56201

$1,050,200

7(a)

Wells Fargo Bank National Association$210K/job · 2013-02-06

Heritage Bank, National Association$7K/job · 2012-04-10

Midwest Business Finance Corporation$307K/job · 2008-08-04

FAMILY EYE CLINIC OF WILLMAR,

Willmar, MN · 56201

$870,000

7(a)

Heritage Bank, National Association1991-05-07

Russell Peterson and Teresa Peterson

Willmar, MN · 56201

$868,000

7(a)

United Prairie Bank$124K/job · 2019-12-09

His Land Company, LLC

Willmar, MN · 56201

$851,000

504

Midwest Business Finance Corporation$106K/job · 2017-08-28

Fath Family Properties, LLC

Willmar, MN · 56201

$840,000

504

Midwest Business Finance Corporation2017-11-20

1–25 of 396

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