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First National Bank of the Lakes
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First National Bank of the Lakes, SBA Loan Activity
Public SBA 7(a) and 504 lending activity for First National Bank Of The Lakes.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
25
2010 – 2025
Approved $
$3.5M
across all programs
Avg loan size
$142K
median $100K
Top industry
General Automotive Repair
2 loans · 8%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
25
Approved
$3.5M
Avg size
$142K
Range
$15K – $527K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–
Top industries funded
See all industries
General Automotive Repair
2
Motion Picture and Video Production
2
All Other Personal Services
1
Bowling Centers
1
Children's and Infants' Clothing Stores
1
Couriers
1
Loan records · First National Bank of the Lakes
25 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
LARIAT LANES
First National Bank of the Lakes
Minneapolis, MN
55423
$526,500
–
7(a)
Bowling Centers
2002-09-27
HAUGEN LUMBER COMPANY
First National Bank of the Lakes
Golden Valley, MN
55427
$387,000
–
7(a)
Lumber, Plywood, Millwork, and Wood Panel Wholesalers
1994-08-04
DUNRITE AUTOMOTIVE SERVICE
First National Bank of the Lakes
Minneapolis, MN
55410
$350,000
–
7(a)
General Automotive Repair
1994-11-01
OPENING NIGHT LTD
First National Bank of the Lakes
Minneapolis, MN
55403
$350,000
–
7(a)
–
1993-07-09
ORBIT COURIER
First National Bank of the Lakes
Plymouth, MN
55441
$284,000
–
7(a)
Couriers
2002-11-07
PIZZA LUCE'
First National Bank of the Lakes
Minneapolis, MN
55401
$200,000
–
7(a)
–
1999-05-07
Helen Fraser & Associates, Inc.
First National Bank of the Lakes
Minneapolis, MN
55405
$159,000
–
7(a)
–
1996-07-17
ASSET RISK MANAGEMENT, INC.
First National Bank of the Lakes
Edina, MN
55435
$150,000
–
7(a)
All Other Personal Services
2006-09-27
ARMOR SECURITY, INC.
First National Bank of the Lakes
Minneapolis, MN
55408
$150,000
–
7(a)
Locksmiths
2002-09-25
COTTMAN TRANSMISSION
First National Bank of the Lakes
Woodbury, MN
55125
$125,000
–
7(a)
General Automotive Repair
2002-03-15
DEROSIER, INC.
First National Bank of the Lakes
Minneapolis, MN
55415
$110,000
–
7(a)
–
1998-11-16
GUSTO, INC.
First National Bank of the Lakes
Edina, MN
55424
$101,000
–
7(a)
Men's and Boys' Clothing and Furnishings Merchant Wholesalers
2007-02-12
IVL INC
First National Bank of the Lakes
Minneapolis, MN
55403
$100,000
–
7(a)
Motion Picture and Video Production
1995-09-08
PREMIUM QUALITY COIN
First National Bank of the Lakes
Minneapolis, MN
55402
$100,000
–
7(a)
–
1996-09-13
ASSET RISK MANAGEMENT INC
First National Bank of the Lakes
Minneapolis, MN
55415
$75,000
–
7(a)
Investment Banking and Securities Dealing
2001-06-05
AMALLOY, INCORPORATED
First National Bank of the Lakes
Andover, MN
55107
$64,000
–
7(a)
Metal Service Centers and Offices
2001-06-06
TALON MANUFACTURING INC
First National Bank of the Lakes
Spring Park, MN
55384
$60,000
–
7(a)
–
1995-06-26
SINARD PRODUCTIONS INC
First National Bank of the Lakes
Minneapolis, MN
55401
$48,391
–
7(a)
Motion Picture and Video Production
1996-10-16
ALEXANDER'S
First National Bank of the Lakes
Minneapolis, MN
55402
$45,000
–
7(a)
–
1997-07-10
SPIRIT INC
First National Bank of the Lakes
Edina, MN
55410
$40,000
–
7(a)
Women's Clothing Stores
1996-06-27
MUFFINS ON THE RUN
First National Bank of the Lakes
Minneapolis, MN
55401
$34,000
–
7(a)
–
1995-01-26
BAY KIDS
First National Bank of the Lakes
Excelsior, MN
55331
$30,000
–
7(a)
Children's and Infants' Clothing Stores
1997-04-03
GRACE BENNETT ENTERPRISES INC
First National Bank of the Lakes
Minneapolis, MN
55402
$24,900
–
7(a)
–
1996-04-05
GENO'S GIFTS & STUFF
First National Bank of the Lakes
Minneapolis, MN
55402
$20,000
–
7(a)
–
1994-10-14
GRACE BENNETT ENTERPRISES, INC
First National Bank of the Lakes
Falcon Heights, MN
55113
$15,000
–
7(a)
–
1996-12-20
LARIAT LANES
Minneapolis, MN · 55423
$526,500
7(a)
First National Bank of the Lakes
2002-09-27
HAUGEN LUMBER COMPANY
Golden Valley, MN · 55427
$387,000
7(a)
First National Bank of the Lakes
1994-08-04
DUNRITE AUTOMOTIVE SERVICE
Minneapolis, MN · 55410
$350,000
7(a)
First National Bank of the Lakes
1994-11-01
OPENING NIGHT LTD
Minneapolis, MN · 55403
$350,000
7(a)
First National Bank of the Lakes
1993-07-09
ORBIT COURIER
Plymouth, MN · 55441
$284,000
7(a)
First National Bank of the Lakes
2002-11-07
PIZZA LUCE'
Minneapolis, MN · 55401
$200,000
7(a)
First National Bank of the Lakes
1999-05-07
Helen Fraser & Associates, Inc.
Minneapolis, MN · 55405
$159,000
7(a)
First National Bank of the Lakes
1996-07-17
ASSET RISK MANAGEMENT, INC.
Edina, MN · 55435
$150,000
7(a)
First National Bank of the Lakes
2006-09-27
ARMOR SECURITY, INC.
Minneapolis, MN · 55408
$150,000
7(a)
First National Bank of the Lakes
2002-09-25
COTTMAN TRANSMISSION
Woodbury, MN · 55125
$125,000
7(a)
First National Bank of the Lakes
2002-03-15
DEROSIER, INC.
Minneapolis, MN · 55415
$110,000
7(a)
First National Bank of the Lakes
1998-11-16
GUSTO, INC.
Edina, MN · 55424
$101,000
7(a)
First National Bank of the Lakes
2007-02-12
IVL INC
Minneapolis, MN · 55403
$100,000
7(a)
First National Bank of the Lakes
1995-09-08
PREMIUM QUALITY COIN
Minneapolis, MN · 55402
$100,000
7(a)
First National Bank of the Lakes
1996-09-13
ASSET RISK MANAGEMENT INC
Minneapolis, MN · 55415
$75,000
7(a)
First National Bank of the Lakes
2001-06-05
AMALLOY, INCORPORATED
Andover, MN · 55107
$64,000
7(a)
First National Bank of the Lakes
2001-06-06
TALON MANUFACTURING INC
Spring Park, MN · 55384
$60,000
7(a)
First National Bank of the Lakes
1995-06-26
SINARD PRODUCTIONS INC
Minneapolis, MN · 55401
$48,391
7(a)
First National Bank of the Lakes
1996-10-16
ALEXANDER'S
Minneapolis, MN · 55402
$45,000
7(a)
First National Bank of the Lakes
1997-07-10
SPIRIT INC
Edina, MN · 55410
$40,000
7(a)
First National Bank of the Lakes
1996-06-27
MUFFINS ON THE RUN
Minneapolis, MN · 55401
$34,000
7(a)
First National Bank of the Lakes
1995-01-26
BAY KIDS
Excelsior, MN · 55331
$30,000
7(a)
First National Bank of the Lakes
1997-04-03
GRACE BENNETT ENTERPRISES INC
Minneapolis, MN · 55402
$24,900
7(a)
First National Bank of the Lakes
1996-04-05
GENO'S GIFTS & STUFF
Minneapolis, MN · 55402
$20,000
7(a)
First National Bank of the Lakes
1994-10-14
GRACE BENNETT ENTERPRISES, INC
Falcon Heights, MN · 55113
$15,000
7(a)
First National Bank of the Lakes
1996-12-20
1–25 of 25
Page 1 of 1
Where First National Bank of the Lakes lends
APPROVAL CONCENTRATION
TOP STATES
MN
25