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Bank Midwest — SBA Loan Activity

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

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
104
2010 – 2025
Approved $
$22.2M
across all programs
Avg loan size
$213K
median $80K
Top industry
Full-Service Restaurants
6 loans · 6%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
104
Approved
$22.2M
Avg size
$213K
Range
$10K – $3.2M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Full-Service Restaurants
6
Landscaping Services
6
Offices of Certified Public Accountants
6
Exterminating and Pest Control Services
4
"Nursery, Garden Center, and Farm Supply Stores"
3
Breweries
3
Loan records · Bank Midwest
104 records
Sort:
JR Companies of New Ulm, Inc.
Courtland, MN · 56021
$3,222,500
7(a)
Bank Midwest$115K/job · 2020-03-16
BROWNMED, INC.
Spirit Lake, IA · 51360
$1,645,000
7(a)
Bank Midwest$39K/job · 2009-11-04
NEW ULM STEEL & RECYCLING INC
New Ulm, MN · 56073
$1,625,000
7(a)
Bank Midwest$271K/job · 2020-07-22
NEW ULM STEEL & RECYCLING INC
New Ulm, MN · 56073
$1,600,000
7(a)
Bank Midwest$267K/job · 2020-07-20
Duck Duck Pi LLC
Le Mars, IA · 51031
$665,000
7(a)
Bank Midwest$11K/job · 2023-04-17
STANTARD PRINTING AND DESIGN
Spencer, IA · 51301
$650,000
7(a)
Bank Midwest$22K/job · 2007-06-19
Kapco, Inc.
Spirit Lake, IA · 51360
$639,000
7(a)
Bank Midwest$128K/job · 2009-09-07
Orion Machine & Welding Inc.
Lakeville, MN · 55044
$611,000
7(a)
Bank Midwest$47K/job · 2023-10-28
Taffe Wellness Center
Algona, IA · 50511
$610,000
7(a)
Bank Midwest$87K/job · 2022-07-13
Fieber Van's Implement Inc.
Watertown, SD · 57201
$500,000
7(a)
Bank Midwest$71K/job · 2021-04-29
F&L Holdings LLC
Spirit Lake, IA · 51360
$495,000
7(a)
Bank Midwest$62K/job · 2023-12-29
RNP, LLC
Jackson, MN · 56143
$460,500
7(a)
Bank Midwest$461K/job · 2023-05-10
JVB Healthy, LLC
Fairmont, MN · 56031
$440,000
7(a)
Bank Midwest$147K/job · 2011-10-21
HORKEY'S WOOD AND PARTS, INC.
Windom, MN · 56101
$350,000
7(a)
Bank Midwest2006-06-28
Inspired, Inc.
Gibbon, MN · 55335
$350,000
7(a)
Bank Midwest$14K/job · 2016-12-20
SPRINGER PROPANE, INC
Estherville, IA · 51334
$325,000
7(a)
Bank Midwest2006-12-13
Kae L. Hoppe Revocable Trust
Okoboji, IA · 51355
$323,900
7(a)
Bank Midwest$162K/job · 2011-09-29
NORTHLAND INN
Spirit Lake, IA · 51360
$300,000
7(a)
Bank Midwest$100K/job · 2007-07-31
M & K Forestry & Land Management Services LLC
New Ulm, MN · 56073
$270,000
7(a)
Bank Midwest$135K/job · 2021-04-27
SPRINGER PROPANE INC
Estherville, IA · 51334
$250,000
7(a)
Bank Midwest$25K/job · 2006-11-21
Sodak Soda LLC
Sioux Falls, SD · 57108
$225,000
7(a)
Bank Midwest$20K/job · 2022-04-13
Frontier Labs MN, LLC
New Ulm, MN · 56073
$204,000
7(a)
Bank Midwest$7K/job · 2020-03-30
Okoboji Tree Specialists II Inc
Milford, IA · 51351
$204,000
7(a)
Bank Midwest$102K/job · 2015-07-15
Christopher Haht DBA C & H Construction
Spirit Lake, IA · 51360
$202,000
7(a)
Bank Midwest$6K/job · 2013-09-05
COUNTYWIDE, INC
Jackson, MN · 56143
$200,000
7(a)
Bank Midwest$25K/job · 2023-08-21
1–25 of 104
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Where Bank Midwest lends

APPROVAL CONCENTRATION
TOP STATES
IA
69
MN
31
SD
3
WY
1