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American Federal Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for American Federal Bank.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

118

2010 – 2025

Approved $

$27.1M

across all programs

Avg loan size

$230K

median $104K

Top industry

Limited-Service Restaurants

6 loans · 5%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

118

Approved

$27.1M

Avg size

$230K

Range

$10K – $2.0M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Limited-Service Restaurants

General Automotive Repair

Landscaping Services

"Plumbing, Heating, and Air-Conditioning Contractors"

Gasoline Stations with Convenience Stores

Offices of Physicians (except Mental Health Specialists)

Loan records · American Federal Bank

118 records

Sort:

Borrower

Location

Program

Industry

SCHILTZ GOOSE FARMS, INC. AND American Federal Bank

Sisseton, SD

57262

$2,000,000

$13K

7(a)

Poultry Processing

2008-10-21

Wariole, LLC American Federal Bank

Osakis, MN

56360

$2,000,000

$67K

7(a)

All Other Specialty Trade Contractors

2024-09-10

RODEWAY INN OF FARGO American Federal Bank

Fargo, ND

58103

$1,215,000

$81K

7(a)

Hotels (except Casino Hotels) and Motels

2008-09-30

Innova Industries Inc.American Federal Bank

Fergus Falls, MN

56537

$1,200,000

$29K

7(a)

Plate Work Manufacturing

2009-12-26

Innova Industries Inc.American Federal Bank

Fergus Falls, MN

56537

$1,154,300

$23K

7(a)

Plate Work Manufacturing

2009-04-20

THE HENTGES COMPANY American Federal Bank

Fargo, ND

58103

$1,000,000

—

7(a)

Commercial and Institutional Building Construction

1995-01-11

MITCHELL FEEDS, INC.American Federal Bank

Fargo, ND

58106

$950,000

$158K

7(a)

Postharvest Crop Activities (except Cotton Ginning)

2010-01-28

TGC INNS LTD.American Federal Bank

East Grand Forks, MN

56721

$850,000

—

7(a)

—

1994-01-26

SB&B FOODS, INC.American Federal Bank

Casselton, ND

58012

$833,300

—

7(a)

All Other Nondepository Credit Intermediation

2000-08-08

STENBERG WELDING & FABRICATING American Federal Bank

Fosston, MN

56542

$725,000

—

7(a)

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2002-08-16

SB & B FOODS, INC.American Federal Bank

Casselton, ND

58012

$600,000

—

7(a)

All Other Nondepository Credit Intermediation

2001-12-27

EARL STRANDE EXCAVATING American Federal Bank

Fergus Falls, MN

56537

$600,000

—

7(a)

Site Preparation Contractors

2007-04-02

FM GRANITES UNLIMITED, LLC American Federal Bank

Fargo, ND

58102

$550,000

—

7(a)

Cut Stone and Stone Product Manufacturing

2007-01-10

RO-BANKS TOOL & MANUFACTURING American Federal Bank

Wahpeton, ND

58074

$538,900

—

7(a)

Metal Stamping

1998-12-04

FERGUS FALLS DAIRY QUEEN, INC. AND SLB PROPERTIES, LLC American Federal Bank

Fergus Falls, MN

56537

$439,000

$22K

7(a)

Limited-Service Restaurants

2011-01-10

TACO JOHN'S American Federal Bank

Fergus Falls, MN

56537

$432,800

$433K

7(a)

Limited-Service Restaurants

2008-01-22

JKAT Seed Company, Inc.American Federal Bank

Langdon, ND

58249

$425,000

$142K

7(a)

Soybean and Other Oilseed Processing

2013-12-12

Kory Knoff Convenience Stores, Inc.American Federal Bank

Crookston, MN

56716

$393,800

—

7(a)

Convenience Stores

2002-11-14

WOHANYLU, INC.American Federal Bank

Wahpeton, ND

58074

$352,500

—

7(a)

—

1997-02-27

FERTILE BUILDING CENTER LIMITE American Federal Bank

Fertile, MN

56540

$350,000

$58K

7(a)

Other Building Material Dealers

2006-12-27

Network Center Communications American Federal Bank

Fargo, ND

58104

$350,000

$13K

7(a)

Electrical Contractors

2008-03-07

DAVID & LORIE FIX American Federal Bank

Battle Lake, MN

56515

$350,000

$23K

7(a)

Limited-Service Restaurants

2009-02-02

BRUCK AND WHITT LLC American Federal Bank

Fargo, ND

58103

$350,000

$58K

7(a)

Insurance Agencies and Brokerages

2008-01-08

RICK AND DIANA FUDER American Federal Bank

Fergus Falls, MN

56537

$320,000

$9K

7(a)

Limited-Service Restaurants

2006-06-30

GREGORY J. NORMAN FUNERAL CHAP American Federal Bank

Grand Forks, ND

58201

$280,000

—

7(a)

—

1992-10-30

SCHILTZ GOOSE FARMS, INC. AND

Sisseton, SD · 57262

$2,000,000

7(a)

American Federal Bank$13K/job · 2008-10-21

American Federal Bank$67K/job · 2024-09-10

American Federal Bank$81K/job · 2008-09-30

Innova Industries Inc.

Fergus Falls, MN · 56537

$1,200,000

7(a)

American Federal Bank$29K/job · 2009-12-26

Innova Industries Inc.

Fergus Falls, MN · 56537

$1,154,300

7(a)

American Federal Bank$23K/job · 2009-04-20

American Federal Bank1995-01-11

American Federal Bank$158K/job · 2010-01-28

TGC INNS LTD.

East Grand Forks, MN · 56721

$850,000

7(a)

American Federal Bank1994-01-26

SB&B FOODS, INC.

Casselton, ND · 58012

$833,300

7(a)

American Federal Bank2000-08-08

STENBERG WELDING & FABRICATING

Fosston, MN · 56542

$725,000

7(a)

American Federal Bank2002-08-16

SB & B FOODS, INC.

Casselton, ND · 58012

$600,000

7(a)

American Federal Bank2001-12-27

EARL STRANDE EXCAVATING

Fergus Falls, MN · 56537

$600,000

7(a)

American Federal Bank2007-04-02

FM GRANITES UNLIMITED, LLC

Fargo, ND · 58102

$550,000

7(a)

American Federal Bank2007-01-10

RO-BANKS TOOL & MANUFACTURING

Wahpeton, ND · 58074

$538,900

7(a)

American Federal Bank1998-12-04

FERGUS FALLS DAIRY QUEEN, INC. AND SLB PROPERTIES, LLC

Fergus Falls, MN · 56537

$439,000

7(a)

American Federal Bank$22K/job · 2011-01-10

TACO JOHN'S

Fergus Falls, MN · 56537

$432,800

7(a)

American Federal Bank$433K/job · 2008-01-22

JKAT Seed Company, Inc.

Langdon, ND · 58249

$425,000

7(a)

American Federal Bank$142K/job · 2013-12-12

Kory Knoff Convenience Stores, Inc.

Crookston, MN · 56716

$393,800

7(a)

American Federal Bank2002-11-14

American Federal Bank1997-02-27

FERTILE BUILDING CENTER LIMITE

Fertile, MN · 56540

$350,000

7(a)

American Federal Bank$58K/job · 2006-12-27

Network Center Communications

Fargo, ND · 58104

$350,000

7(a)

American Federal Bank$13K/job · 2008-03-07

DAVID & LORIE FIX

Battle Lake, MN · 56515

$350,000

7(a)

American Federal Bank$23K/job · 2009-02-02

American Federal Bank$58K/job · 2008-01-08

RICK AND DIANA FUDER

Fergus Falls, MN · 56537

$320,000

7(a)

American Federal Bank$9K/job · 2006-06-30

GREGORY J. NORMAN FUNERAL CHAP

Grand Forks, ND · 58201

$280,000

7(a)

American Federal Bank1992-10-30

1–25 of 118

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Where American Federal Bank lends

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