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First Bank Elk River — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for First Bank Elk River.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

212

2010 – 2025

Approved $

$36.9M

across all programs

Avg loan size

$174K

median $100K

Top industry

Machine Shops

12 loans · 6%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

212

Approved

$36.9M

Avg size

$174K

Range

$10K – $1.7M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Machine Shops

Offices of Chiropractors

Full-Service Restaurants

General Automotive Repair

Fitness and Recreational Sports Centers

"Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers"

Loan records · First Bank Elk River

212 records

Sort:

Borrower

Location

Program

Industry

TOTAL TV OF FORT IRWIN, LLC.First Bank Elk River

Golden Valley, MN

55422

$1,680,000

—

7(a)

Cable Networks

2002-01-22

LANE'S ENTERPRISES, INC.First Bank Elk River

Zimmerman, MN

55398

$1,425,000

—

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2006-02-14

WARRIOR MANUFACTURING ACQUISIT First Bank Elk River

Redwood Falls, MN

56283

$1,333,333

—

7(a)

All Other Motor Vehicle Parts Manufacturing

2001-12-19

BOB'S PRODUCE RANCH First Bank Elk River

Fridley, MN

55432

$1,125,000

—

7(a)

—

1992-11-06

BARTHEL BROTHERS DAIRY First Bank Elk River

Albertville, MN

55301

$979,000

—

7(a)

Dairy Cattle and Milk Production

2000-10-12

HEGGIES PIZZA LLC First Bank Elk River

Onamia, MN

55359

$975,000

—

7(a)

Perishable Prepared Food Manufacturing

2004-08-25

RIVERWOOD CONFERENCE CENTER First Bank Elk River

Monticello, MN

55362

$806,000

—

7(a)

—

1992-10-29

O'HARA'S PUB INC.First Bank Elk River

St Cloud, MN

56303

$800,000

—

7(a)

Full-Service Restaurants

2002-09-23

CUSTOMER DRIVEN MACHINING First Bank Elk River

Maple Plain, MN

55359

$795,000

—

7(a)

Machine Shops

2001-04-19

MEDIA RARE INC First Bank Elk River

Saint Paul, MN

55101

$750,000

—

7(a)

Public Relations Agencies

2000-04-18

ALL-BRITE GRAPHICS, LLC First Bank Elk River

Ramsey, MN

55303

$700,000

$58K

7(a)

Commercial Printing (except Screen and Books)

2009-05-07

SarTec Corporation First Bank Elk River

Anoka, MN

55303

$700,000

$22K

7(a)

Farm Supplies Merchant Wholesalers

2011-11-01

MIDWEST BORINGS, INC.First Bank Elk River

Monticello, MN

55362

$575,000

—

7(a)

Excavation Contractors

2002-03-06

EMPIREHOUSE INC First Bank Elk River

New Hope, MN

55428

$500,000

$7K

7(a)

Metal Window and Door Manufacturing

2004-05-27

OJIBWAY RESORT AND CAMPGROUND First Bank Elk River

Ely, MN

55731

$493,200

—

7(a)

Hotels (except Casino Hotels) and Motels

2002-08-21

C & W Spinning, Inc.First Bank Elk River

Maple Lake, MN

55358

$450,000

$20K

7(a)

Machine Shops

2019-02-28

JBT MACHINING, INC.First Bank Elk River

Ramsey, MN

55303

$450,000

$56K

7(a)

Machine Shops

2009-10-05

SUPERIOR FIRE PROTECTION First Bank Elk River

Minneapolis, MN

55413

$425,000

—

7(a)

Plumbing, Heating, and Air Conditioning Contractors

1999-03-16

COSTINI GRILLE & PIZZERIA First Bank Elk River

Monticello, MN

55362

$400,000

—

7(a)

Full-Service Restaurants

2002-11-22

M&M PRECISION MACHING, INC.First Bank Elk River

Elk River, MN

55330

$400,000

—

7(a)

Machine Shops

2002-01-03

PERFORMANCE ENGINEERING & MACH First Bank Elk River

Rogers, MN

55374

$375,000

—

7(a)

Hand and Edge Tool Manufacturing

2001-05-21

NORTHERN ENGINEERING & MFG First Bank Elk River

Zimmerman, MN

55398

$370,000

—

7(a)

Machine Shops

2001-01-17

Adrenaline Sports Center First Bank Elk River

Ramsey, MN

55303

$336,000

$42K

7(a)

Fitness and Recreational Sports Centers

2018-01-29

Boulder Ridge Insurance Brokers LLC First Bank Elk River

Otsego, MN

55362

$325,000

$33K

7(a)

Insurance Agencies and Brokerages

2014-05-06

QDP TECHNOLOGIES, INC.First Bank Elk River

Anoka, MN

55303

$325,000

$65K

7(a)

Machine Shops

2009-09-17

TOTAL TV OF FORT IRWIN, LLC.

Golden Valley, MN · 55422

$1,680,000

7(a)

First Bank Elk River2002-01-22

LANE'S ENTERPRISES, INC.

Zimmerman, MN · 55398

$1,425,000

7(a)

First Bank Elk River2006-02-14

WARRIOR MANUFACTURING ACQUISIT

Redwood Falls, MN · 56283

$1,333,333

7(a)

First Bank Elk River2001-12-19

First Bank Elk River1992-11-06

BARTHEL BROTHERS DAIRY

Albertville, MN · 55301

$979,000

7(a)

First Bank Elk River2000-10-12

First Bank Elk River2004-08-25

RIVERWOOD CONFERENCE CENTER

Monticello, MN · 55362

$806,000

7(a)

First Bank Elk River1992-10-29

First Bank Elk River2002-09-23

CUSTOMER DRIVEN MACHINING

Maple Plain, MN · 55359

$795,000

7(a)

First Bank Elk River2001-04-19

MEDIA RARE INC

Saint Paul, MN · 55101

$750,000

7(a)

First Bank Elk River2000-04-18

ALL-BRITE GRAPHICS, LLC

Ramsey, MN · 55303

$700,000

7(a)

First Bank Elk River$58K/job · 2009-05-07

First Bank Elk River$22K/job · 2011-11-01

MIDWEST BORINGS, INC.

Monticello, MN · 55362

$575,000

7(a)

First Bank Elk River2002-03-06

First Bank Elk River$7K/job · 2004-05-27

OJIBWAY RESORT AND CAMPGROUND

Ely, MN · 55731

$493,200

7(a)

First Bank Elk River2002-08-21

C & W Spinning, Inc.

Maple Lake, MN · 55358

$450,000

7(a)

First Bank Elk River$20K/job · 2019-02-28

First Bank Elk River$56K/job · 2009-10-05

SUPERIOR FIRE PROTECTION

Minneapolis, MN · 55413

$425,000

7(a)

First Bank Elk River1999-03-16

COSTINI GRILLE & PIZZERIA

Monticello, MN · 55362

$400,000

7(a)

First Bank Elk River2002-11-22

M&M PRECISION MACHING, INC.

Elk River, MN · 55330

$400,000

7(a)

First Bank Elk River2002-01-03

PERFORMANCE ENGINEERING & MACH

Rogers, MN · 55374

$375,000

7(a)

First Bank Elk River2001-05-21

NORTHERN ENGINEERING & MFG

Zimmerman, MN · 55398

$370,000

7(a)

First Bank Elk River2001-01-17

Adrenaline Sports Center

Ramsey, MN · 55303

$336,000

7(a)

First Bank Elk River$42K/job · 2018-01-29

Boulder Ridge Insurance Brokers LLC

Otsego, MN · 55362

$325,000

7(a)

First Bank Elk River$33K/job · 2014-05-06

QDP TECHNOLOGIES, INC.

Anoka, MN · 55303

$325,000

7(a)

First Bank Elk River$65K/job · 2009-09-17

1–25 of 212

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Where First Bank Elk River lends

APPROVAL CONCENTRATION

TOP STATES

212