LoanRound
Find Lenders
LOGO
Public profile — unclaimed

Grand Marais State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Grand Marais State Bank.

Request an IntroductionClaim this profile
OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
15
2010 – 2025
Approved $
$5.8M
across all programs
Avg loan size
$388K
median $150K
Top industry
Boat Dealers
3 loans · 20%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
15
Approved
$5.8M
Avg size
$388K
Range
$20K – $2.6M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Boat Dealers
3
"Highway, Street, and Bridge Construction"
1
All Other Amusement and Recreation Industries
1
Baked Goods Stores
1
Bowling Centers
1
Computer Systems Design Services
1
Loan records · Grand Marais State Bank
15 records
Sort:
Hutchinson Auto Realty, Inc.
Hutchinson, MN · 55350
$2,560,000
7(a)
Grand Marais State Bank$102K/job · 2012-04-19
EAST BAY HOTEL
Grand Marais, MN · 55604
$800,000
7(a)
Grand Marais State Bank1994-01-13
JOHNSON'S BIG DOLLAR, INC.
Grand Marais, MN · 55706
$780,000
7(a)
Grand Marais State Bank2002-07-29
VERTICAL SOLUTIONS, INC.
Ortonville, MN · 56278
$340,000
7(a)
Grand Marais State Bank2004-08-06
Midwest Irrigation & Electric, Inc
Big Stone City, SD · 57216
$242,100
7(a)
Grand Marais State Bank$35K/job · 2014-08-04
Sven and Ole's, Inc.
Grand Marais, MN · 55604
$213,000
7(a)
Grand Marais State Bank1995-04-14
Marathon Holdings, LLC
Ortonville, MN · 56278
$200,000
7(a)
Grand Marais State Bank$18K/job · 2019-04-15
Marathon Holdings, LLC
Ortonville, MN · 56278
$150,000
7(a)
Grand Marais State Bank$14K/job · 2019-04-15
SWEETIES BAKERY, INC
Ortonville, MN · 56278
$123,000
7(a)
Grand Marais State Bank2004-06-08
Marathon Holdings, LLC
Ortonville, MN · 56278
$100,000
7(a)
Grand Marais State Bank$20K/job · 2019-10-02
Prom Enterprises Inc
Grand Marais, MN · 55604
$100,000
7(a)
Grand Marais State Bank$7K/job · 2008-09-19
CHRISTOPHER J. CONROY
Dumont, MN · 56236
$78,000
7(a)
Grand Marais State Bank1998-05-20
ALLEY CATS LANES
Ortonville, MN · 56278
$60,000
7(a)
Grand Marais State Bank2003-07-16
HEARTLAND REPAIRS
Buffalo Lake, MN · 55314
$50,000
7(a)
Grand Marais State Bank1997-06-11
STARK AND SONS CONSTRUCTION IN
Buffalo Lake, MN · 55314
$20,000
7(a)
Grand Marais State Bank$7K/job · 2006-07-12
1–15 of 15
Page 1 of 1

Where Grand Marais State Bank lends

APPROVAL CONCENTRATION
TOP STATES
MN
14
SD
1