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First State Bank Minnesota — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for First State Bank Minnesota.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$2.6M

across all programs

Avg loan size

$204K

median $100K

Top industry

Beauty Salons

1 loans · 8%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$2.6M

Avg size

$204K

Range

$45K – $1.1M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Beauty Salons

Bowling Centers

Car Washes

Computer and Software Stores

Drinking Places (Alcoholic Beverages)

Full-Service Restaurants

Loan records · First State Bank Minnesota

13 records

Sort:

Borrower

Location

Program

Industry

Valley Truck and Auto Wash First State Bank Minnesota

Spring Valley, MN

55975

$1,098,500

$275K

7(a)

Car Washes

2022-12-09

TRAVEL INN SUPPER CLUB First State Bank Minnesota

Le Roy, MN

55951

$500,000

—

7(a)

Drinking Places (Alcoholic Beverages)

1998-09-21

TRAVEL LANES & SUPPER CLUB First State Bank Minnesota

Leroy, MN

55951

$175,000

—

7(a)

Bowling Centers

2005-09-27

ON-SITE COMPUTER, INC First State Bank Minnesota

Grand Meadow, MN

55936

$150,000

—

7(a)

Computer and Software Stores

2005-01-10

GRASS & SONS SEED First State Bank Minnesota

Le Roy, MN

55951

$100,000

—

7(a)

—

1996-02-06

THE NEW MARTZ FURNITURE First State Bank Minnesota

Le Roy, MN

55951

$100,000

—

7(a)

—

1996-01-11

TRI-STATE COLD STORAGE INC First State Bank Minnesota

Rochester, MN

55904

$100,000

—

7(a)

Refrigerated Warehousing and Storage

1995-10-26

PHIL SHELDON PLUMBING&HEATING First State Bank Minnesota

Spring Valley, MN

55975

$100,000

—

7(a)

Plumbing, Heating, and Air Conditioning Contractors

1994-11-28

TROY WARMKA WELDING First State Bank Minnesota

Grand Meadow, MN

55936

$85,000

—

7(a)

Welding and Soldering Equipment Manufacturing

2004-12-10

WILD BILL'S GUN SHOP First State Bank Minnesota

Lime Springs, IA

52155

$70,000

—

7(a)

Sporting Goods Stores

2002-08-13

MAIN STREET CAFE First State Bank Minnesota

Le Roy, MN

55951

$65,000

—

7(a)

Full-Service Restaurants

2000-10-05

Ody's Country Meats & Catering Inc First State Bank Minnesota

Spring Valley, MN

55975

$57,500

$8K

7(a)

Meat Markets

2012-09-10

CDCST INC First State Bank Minnesota

Spring Valley, MN

55975

$45,000

$45K

7(a)

Beauty Salons

2011-05-23

Valley Truck and Auto Wash

Spring Valley, MN · 55975

$1,098,500

7(a)

First State Bank Minnesota$275K/job · 2022-12-09

TRAVEL INN SUPPER CLUB

Le Roy, MN · 55951

$500,000

7(a)

First State Bank Minnesota1998-09-21

TRAVEL LANES & SUPPER CLUB

Leroy, MN · 55951

$175,000

7(a)

First State Bank Minnesota2005-09-27

ON-SITE COMPUTER, INC

Grand Meadow, MN · 55936

$150,000

7(a)

First State Bank Minnesota2005-01-10

First State Bank Minnesota1996-02-06

THE NEW MARTZ FURNITURE

Le Roy, MN · 55951

$100,000

7(a)

First State Bank Minnesota1996-01-11

TRI-STATE COLD STORAGE INC

Rochester, MN · 55904

$100,000

7(a)

First State Bank Minnesota1995-10-26

PHIL SHELDON PLUMBING&HEATING

Spring Valley, MN · 55975

$100,000

7(a)

First State Bank Minnesota1994-11-28

TROY WARMKA WELDING

Grand Meadow, MN · 55936

$85,000

7(a)

First State Bank Minnesota2004-12-10

WILD BILL'S GUN SHOP

Lime Springs, IA · 52155

$70,000

7(a)

First State Bank Minnesota2002-08-13

First State Bank Minnesota2000-10-05

Ody's Country Meats & Catering Inc

Spring Valley, MN · 55975

$57,500

7(a)

First State Bank Minnesota$8K/job · 2012-09-10

CDCST INC

Spring Valley, MN · 55975

$45,000

7(a)

First State Bank Minnesota$45K/job · 2011-05-23

1–13 of 13

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