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BankCherokee — SBA Loan Activity

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

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

237

2010 – 2025

Approved $

$60.5M

across all programs

Avg loan size

$255K

median $136K

Top industry

Full-Service Restaurants

16 loans · 7%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

237

Approved

$60.5M

Avg size

$255K

Range

$10K – $4.9M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Full-Service Restaurants

Landscaping Services

Offices of Mental Health Practitioners (except Physicians)

Limited-Service Restaurants

Precision Turned Product Manufacturing

Beauty Salons

Loan records · BankCherokee

237 records

Sort:

Borrower

Location

Program

Industry

IAS Automotive Co.BankCherokee

Saint Paul, MN

55105

$4,900,000

$408K

7(a)

General Automotive Repair

2021-04-22

Foam Industries, Inc.BankCherokee

Minneapolis, MN

55428

$3,990,000

$100K

7(a)

All Other Miscellaneous Manufacturing

2024-04-05

Asian Direct Market Savage INC.BankCherokee

Savage, MN

55378

$3,137,500

$314K

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2022-08-29

CB Machining & Engineering Inc.BankCherokee

Buffalo, MN

55313

$1,725,700

$48K

7(a)

Machine Tool Manufacturing

2024-05-10

Westside Hose Company LLC BankCherokee

Minneapolis, MN

55441

$1,525,600

$153K

7(a)

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

2025-11-25

Akshaan, PLLC BankCherokee

Saint Paul, MN

55125

$1,250,000

$139K

7(a)

Offices of Dentists

2025-08-20

NorthStar Courier Inc.BankCherokee

Saint Paul, MN

55112

$1,130,000

$59K

7(a)

Local Messengers and Local Delivery

2021-04-20

HANCO CORP BankCherokee

Eagan, MN

55123

$1,058,000

$30K

7(a)

Automobile and Other Motor Vehicle Merchant Wholesalers

2010-10-01

River Spirits, LLC BankCherokee

St Paul, MN

55116

$865,000

$865K

7(a)

"Beer, Wine, and Liquor Stores"

2012-06-04

St. Croix Airport Retail, Inc.BankCherokee

Bloomington, MN

55425

$850,000

$9K

7(a)

"Gift, Novelty, and Souvenir Stores"

2012-06-21

Restaurant 3 LLC BankCherokee

Saint Paul, MN

55129

$819,200

$11K

7(a)

Full-Service Restaurants

2025-02-05

AUTOMATED MAILING CORPORATION BankCherokee

Minneapolis, MN

55403

$810,000

—

7(a)

—

2000-06-26

FLEXMATION INC BankCherokee

Burnsville, MN

55306

$760,500

$59K

7(a)

Industrial Supplies Merchant Wholesalers

2022-02-17

DHSBrooklynPark LLC BankCherokee

Minneapolis, MN

55443

$714,800

$119K

7(a)

Limited-Service Restaurants

2025-05-28

Cedarcrest Capital, LLC BankCherokee

Minneapolis, MN

55422

$660,000

$165K

7(a)

Coin-Operated Laundries and Drycleaners

2022-12-16

Standish Partners Inc.BankCherokee

Saint Paul, MN

55112

$650,000

$25K

7(a)

Pet Care (except Veterinary) Services

2021-07-13

Alternative Homes of Minneapolis, Inc.BankCherokee

Minneapolis, MN

55404

$625,000

$30K

7(a)

Homes for the Elderly

2012-04-26

Viking Demolition and Specialty Services LLC BankCherokee

Minneapolis, MN

55428

$625,000

$313K

7(a)

Site Preparation Contractors

2020-12-29

Upper Story LLC.BankCherokee

Saint Paul, MN

55126

$600,000

$300K

7(a)

Toy and Hobby Goods and Supplies Merchant Wholesalers

2020-08-13

USS INDUSTRIES, INC BankCherokee

St Paul, MN

55104

$600,000

—

7(a)

Business Associations

2006-05-25

Dahlgren Enterprises Inc BankCherokee

St Paul, MN

55102

$545,000

—

7(a)

Glass Product Manufacturing Made of Purchased Glass

2002-10-04

Innovative Renewable Energy, Inc.BankCherokee

Minnesota City, MN

55959

$532,500

$33K

7(a)

Other Building Equipment Contractors

2022-04-14

Meokja MN LLC BankCherokee

Eden Prairie, MN

55344

$529,600

$17K

7(a)

Limited-Service Restaurants

2024-09-26

St. Croix Airport Retail, Inc.BankCherokee

Bloomington, MN

55425

$525,000

$3K

7(a)

"Gift, Novelty, and Souvenir Stores"

2012-06-21

Ready Position LLC BankCherokee

Saint Cloud, MN

56303

$464,000

$29K

7(a)

Fitness and Recreational Sports Centers

2020-06-29

IAS Automotive Co.

Saint Paul, MN · 55105

$4,900,000

7(a)

BankCherokee$408K/job · 2021-04-22

Foam Industries, Inc.

Minneapolis, MN · 55428

$3,990,000

7(a)

BankCherokee$100K/job · 2024-04-05

Asian Direct Market Savage INC.

Savage, MN · 55378

$3,137,500

7(a)

BankCherokee$314K/job · 2022-08-29

CB Machining & Engineering Inc.

Buffalo, MN · 55313

$1,725,700

7(a)

BankCherokee$48K/job · 2024-05-10

Westside Hose Company LLC

Minneapolis, MN · 55441

$1,525,600

7(a)

BankCherokee$153K/job · 2025-11-25

Akshaan, PLLC

Saint Paul, MN · 55125

$1,250,000

7(a)

BankCherokee$139K/job · 2025-08-20

NorthStar Courier Inc.

Saint Paul, MN · 55112

$1,130,000

7(a)

BankCherokee$59K/job · 2021-04-20

BankCherokee$30K/job · 2010-10-01

BankCherokee$865K/job · 2012-06-04

St. Croix Airport Retail, Inc.

Bloomington, MN · 55425

$850,000

7(a)

BankCherokee$9K/job · 2012-06-21

Restaurant 3 LLC

Saint Paul, MN · 55129

$819,200

7(a)

BankCherokee$11K/job · 2025-02-05

AUTOMATED MAILING CORPORATION

Minneapolis, MN · 55403

$810,000

7(a)

BankCherokee2000-06-26

FLEXMATION INC

Burnsville, MN · 55306

$760,500

7(a)

BankCherokee$59K/job · 2022-02-17

DHSBrooklynPark LLC

Minneapolis, MN · 55443

$714,800

7(a)

BankCherokee$119K/job · 2025-05-28

Cedarcrest Capital, LLC

Minneapolis, MN · 55422

$660,000

7(a)

BankCherokee$165K/job · 2022-12-16

Standish Partners Inc.

Saint Paul, MN · 55112

$650,000

7(a)

BankCherokee$25K/job · 2021-07-13

Alternative Homes of Minneapolis, Inc.

Minneapolis, MN · 55404

$625,000

7(a)

BankCherokee$30K/job · 2012-04-26

Viking Demolition and Specialty Services LLC

Minneapolis, MN · 55428

$625,000

7(a)

BankCherokee$313K/job · 2020-12-29

Upper Story LLC.

Saint Paul, MN · 55126

$600,000

7(a)

BankCherokee$300K/job · 2020-08-13

BankCherokee2006-05-25

Dahlgren Enterprises Inc

St Paul, MN · 55102

$545,000

7(a)

BankCherokee2002-10-04

Innovative Renewable Energy, Inc.

Minnesota City, MN · 55959

$532,500

7(a)

BankCherokee$33K/job · 2022-04-14

Meokja MN LLC

Eden Prairie, MN · 55344

$529,600

7(a)

BankCherokee$17K/job · 2024-09-26

St. Croix Airport Retail, Inc.

Bloomington, MN · 55425

$525,000

7(a)

BankCherokee$3K/job · 2012-06-21

Ready Position LLC

Saint Cloud, MN · 56303

$464,000

7(a)

BankCherokee$29K/job · 2020-06-29

1–25 of 237

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Where BankCherokee lends

APPROVAL CONCENTRATION

TOP STATES

235