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Glenwood State Bank Incorporated — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Glenwood State Bank Incorporated.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$12.0M

across all programs

Avg loan size

$308K

median $125K

Top industry

"General Freight Trucking, Long-Distance, Truckload"

9 loans · 23%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$12.0M

Avg size

$308K

Range

$27K – $4.4M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

"General Freight Trucking, Long-Distance, Truckload"

Limited-Service Restaurants

"Beer, Wine, and Liquor Stores"

Full-Service Restaurants

Machine Tool (Metal Cutting Types) Manufacturing

Meat Retailers

Loan records · Glenwood State Bank Incorporated

39 records

Sort:

Borrower

Location

Program

Industry

Innovative Builders of Alexandria, Inc.Glenwood State Bank Incorporated

Alexandria, MN

56308

$4,378,000

$109K

7(a)

Commercial and Institutional Building Construction

2024-11-29

Navjivan Corporation Glenwood State Bank Incorporated

Fargo, ND

58103

$2,019,900

$337K

7(a)

Commercial Printing (except Screen and Books)

2024-12-16

Diversified Foundations, LLC Glenwood State Bank Incorporated

Alexandria, MN

56308

$830,000

$30K

7(a)

Poured Concrete Foundation and Structure Contractors

2012-04-11

SUNRISE PROPERTIES OF OTTERTAIL CO. LLC Glenwood State Bank Incorporated

Glenwood, MN

56334

$700,000

$233K

7(a)

Hotels (except Casino Hotels) and Motels

2009-06-11

Miller Excavating LLC Glenwood State Bank Incorporated

Benson, MN

56215

$250,000

$125K

7(a)

Construction Sand and Gravel Mining

2016-03-10

JBALL Glenwood Hospitalities LLC Glenwood State Bank Incorporated

Glenwood, MN

56334

$216,500

$10K

7(a)

Limited-Service Restaurants

2016-06-23

Kraemson Liquor Corp.Glenwood State Bank Incorporated

Alexandria, MN

56308

$209,500

$26K

7(a)

"Beer, Wine, and Liquor Stores"

2020-02-26

Kraemson Investments, LLC Glenwood State Bank Incorporated

Alexandria, MN

56308

$205,000

$51K

7(a)

"Beer, Wine, and Liquor Stores"

2019-10-14

Rolling Forks Holdings, INC Glenwood State Bank Incorporated

Glenwood, MN

56334

$185,000

—

7(a)

Limited-Service Restaurants

2006-05-15

Crown Realtors, LLC Glenwood State Bank Incorporated

Alexandria, MN

56308

$180,000

$36K

7(a)

Offices of Real Estate Agents and Brokers

2023-05-31

BODECKER MACHINING INC Glenwood State Bank Incorporated

Glenwood, MN

56308

$177,300

$30K

7(a)

Machine Tool (Metal Cutting Types) Manufacturing

1999-07-07

Optic Fuel Clean of NC Incorporated Glenwood State Bank Incorporated

Park Rapids, MN

56470

$175,000

$58K

7(a)

Support Activities for Oil and Gas Operations

2019-09-11

POPE COUNTY LUMBER INC Glenwood State Bank Incorporated

Starbuck, MN

56381

$175,000

—

7(a)

—

1996-07-10

Semper Fi Transport, LLC Glenwood State Bank Incorporated

Georgetown, KY

40324

$160,000

$160K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2017-11-21

Douglas Allain Glenwood State Bank Incorporated

Mora, MN

55051

$155,500

$156K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2018-07-30

Prime Attachments Glenwood State Bank Incorporated

Alexandria, MN

56308

$143,000

$48K

7(a)

Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing

2015-04-29

JBALL WY Adventure Rentals, LLC Glenwood State Bank Incorporated

Dubois, WY

82513

$142,000

$71K

7(a)

Recreational Goods Rental

2018-01-03

BODEKER MACHINING INC Glenwood State Bank Incorporated

Glenwood, MN

56308

$135,000

$23K

7(a)

Machine Tool (Metal Cutting Types) Manufacturing

1999-07-08

Sheila Simms Glenwood State Bank Incorporated

Orestes, IN

46063

$125,200

$125K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2016-05-04

Lamp Family Transport, LLC Glenwood State Bank Incorporated

Big Lake, MN

55309

$125,000

$125K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2017-04-14

China Panda Glenwood State Bank Incorporated

Morris, MN

56267

$122,500

$25K

7(a)

Full-Service Restaurants

2014-09-26

Osakis Meats and Grocery Limited Liability Company Glenwood State Bank Incorporated

Osakis, MN

56360

$101,200

$20K

7(a)

Meat Retailers

2023-07-25

TERRACE STORE COMPANY, LLC Glenwood State Bank Incorporated

Terrace, MN

56334

$100,000

$13K

7(a)

Full-Service Restaurants

2007-11-05

GLACIAL RIDGE FOODS INC Glenwood State Bank Incorporated

Starbuck, MN

56381

$100,000

—

7(a)

Grain and Field Bean Wholesalers

1995-06-26

Zenk Law, PLLC Glenwood State Bank Incorporated

Glenwood, MN

56334

$95,000

$19K

7(a)

Offices of Lawyers

2024-06-18

Innovative Builders of Alexandria, Inc.

Alexandria, MN · 56308

$4,378,000

7(a)

Glenwood State Bank Incorporated$109K/job · 2024-11-29

Glenwood State Bank Incorporated$337K/job · 2024-12-16

Diversified Foundations, LLC

Alexandria, MN · 56308

$830,000

7(a)

Glenwood State Bank Incorporated$30K/job · 2012-04-11

SUNRISE PROPERTIES OF OTTERTAIL CO. LLC

Glenwood, MN · 56334

$700,000

7(a)

Glenwood State Bank Incorporated$233K/job · 2009-06-11

Miller Excavating LLC

Benson, MN · 56215

$250,000

7(a)

Glenwood State Bank Incorporated$125K/job · 2016-03-10

JBALL Glenwood Hospitalities LLC

Glenwood, MN · 56334

$216,500

7(a)

Glenwood State Bank Incorporated$10K/job · 2016-06-23

Kraemson Liquor Corp.

Alexandria, MN · 56308

$209,500

7(a)

Glenwood State Bank Incorporated$26K/job · 2020-02-26

Kraemson Investments, LLC

Alexandria, MN · 56308

$205,000

7(a)

Glenwood State Bank Incorporated$51K/job · 2019-10-14

Rolling Forks Holdings, INC

Glenwood, MN · 56334

$185,000

7(a)

Glenwood State Bank Incorporated2006-05-15

Crown Realtors, LLC

Alexandria, MN · 56308

$180,000

7(a)

Glenwood State Bank Incorporated$36K/job · 2023-05-31

BODECKER MACHINING INC

Glenwood, MN · 56308

$177,300

7(a)

Glenwood State Bank Incorporated$30K/job · 1999-07-07

Optic Fuel Clean of NC Incorporated

Park Rapids, MN · 56470

$175,000

7(a)

Glenwood State Bank Incorporated$58K/job · 2019-09-11

POPE COUNTY LUMBER INC

Starbuck, MN · 56381

$175,000

7(a)

Glenwood State Bank Incorporated1996-07-10

Semper Fi Transport, LLC

Georgetown, KY · 40324

$160,000

7(a)

Glenwood State Bank Incorporated$160K/job · 2017-11-21

Glenwood State Bank Incorporated$156K/job · 2018-07-30

Prime Attachments

Alexandria, MN · 56308

$143,000

7(a)

Glenwood State Bank Incorporated$48K/job · 2015-04-29

JBALL WY Adventure Rentals, LLC

Dubois, WY · 82513

$142,000

7(a)

Glenwood State Bank Incorporated$71K/job · 2018-01-03

BODEKER MACHINING INC

Glenwood, MN · 56308

$135,000

7(a)

Glenwood State Bank Incorporated$23K/job · 1999-07-08

Glenwood State Bank Incorporated$125K/job · 2016-05-04

Lamp Family Transport, LLC

Big Lake, MN · 55309

$125,000

7(a)

Glenwood State Bank Incorporated$125K/job · 2017-04-14

Glenwood State Bank Incorporated$25K/job · 2014-09-26

Osakis Meats and Grocery Limited Liability Company

Osakis, MN · 56360

$101,200

7(a)

Glenwood State Bank Incorporated$20K/job · 2023-07-25

TERRACE STORE COMPANY, LLC

Terrace, MN · 56334

$100,000

7(a)

Glenwood State Bank Incorporated$13K/job · 2007-11-05

GLACIAL RIDGE FOODS INC

Starbuck, MN · 56381

$100,000

7(a)

Glenwood State Bank Incorporated1995-06-26

Glenwood State Bank Incorporated$19K/job · 2024-06-18

1–25 of 39

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