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Granite Bank
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Granite Bank, SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Granite Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
359
2010 – 2025
Approved $
$84.8M
across all programs
Avg loan size
$236K
median $100K
Top industry
"Specialized Freight (except Used Goods) Trucking, Local"
56 loans · 16%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
359
Approved
$84.8M
Avg size
$236K
Range
$10K – $3.3M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–
Top industries funded
See all industries
"Specialized Freight (except Used Goods) Trucking, Local"
56
All Other Amusement and Recreation Industries
10
Limited-Service Restaurants
10
All Other Specialty Trade Contractors
8
Commercial and Institutional Building Construction
8
Landscaping Services
8
Loan records · Granite Bank
359 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Mill Plain Subs LLC
Granite Bank
Minneapolis, MN
55433
$3,343,300
$257K
7(a)
Limited-Service Restaurants
2021-07-16
Kavco, Inc.
Granite Bank
East Gull Lake, MN
56401
$3,000,000
$200K
7(a)
Hotels (except Casino Hotels) and Motels
2010-12-29
LasX Industries, Inc.
Granite Bank
White Bear Lake, MN
55127
$2,500,000
$34K
7(a)
Other Industrial Machinery Manufacturing
2020-11-19
C S Tex, Inc.
Granite Bank
Champlin, MN
55316
$2,400,000
$600K
7(a)
Industrial Supplies Merchant Wholesalers
2019-11-15
Kavanaugh Resort Properties, Inc.
Granite Bank
Brainerd, MN
56401
$2,157,400
$196K
7(a)
Hotels (except Casino Hotels) and Motels
2015-04-15
Ultimate Tennis, LLC
Granite Bank
Rogers, MN
55374
$2,100,000
$131K
7(a)
Fitness and Recreational Sports Centers
2018-08-20
DONATO ENTERPRISE, LLC
Granite Bank
Champlin, MN
55316
$1,817,340
–
7(a)
Hotels (except Casino Hotels) and Motels
2005-02-17
Legacy Building Solutions, Inc.
Granite Bank
Saint Augusta, MN
55382
$1,700,000
$38K
7(a)
All Other Specialty Trade Contractors
2012-01-26
Legacy Building Solutions, Inc.
Granite Bank
Saint Augusta, MN
55382
$1,653,200
$19K
7(a)
Commercial and Institutional Building Construction
2021-04-19
Caret Capital LLC
Granite Bank
Anoka, MN
55303
$1,410,000
$34K
7(a)
"Electroplating, Plating, Polishing, Anodizing, and Coloring"
2012-08-31
Floor to Ceiling of Willmar, LLC
Granite Bank
Willmar, MN
56201
$1,400,000
$82K
7(a)
Paint and Wallpaper Stores
2023-10-10
TR Concrete, Inc.
Granite Bank
Nowthen, MN
55330
$1,400,000
$88K
7(a)
Poured Concrete Foundation and Structure Contractors
2020-09-24
Donnerite Co.
Granite Bank
New London, MN
56273
$1,200,000
$44K
7(a)
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
2013-02-07
Legacy Building Solutions, Inc.
Granite Bank
Saint Augusta, MN
55382
$1,104,400
$13K
7(a)
Commercial and Institutional Building Construction
2020-01-23
Lasersharp Flexpak Services LLC
Granite Bank
Vadnais Heights, MN
55110
$1,089,500
$57K
7(a)
All Other Miscellaneous Manufacturing
2020-11-19
LasX Industries, Inc.
Granite Bank
White Bear Lake, MN
55127
$1,000,000
$83K
7(a)
Other Industrial Machinery Manufacturing
2020-12-09
Dialed Archery LLC
Granite Bank
Cold Spring, MN
56320
$950,000
$238K
7(a)
Sporting and Athletic Goods Manufacturing
2026-02-20
Granite Creations, Inc
Granite Bank
Paynesville, MN
56362
$942,000
$135K
7(a)
Cut Stone and Stone Product Manufacturing
2011-02-19
MAG Mechanical LLC
Granite Bank
Minneapolis, MN
55427
$922,000
$27K
7(a)
"Plumbing, Heating, and Air-Conditioning Contractors"
2017-12-27
Micro-Fab, LLC
Granite Bank
Minneapolis, MN
55445
$900,000
$50K
7(a)
Precision Turned Product Manufacturing
2015-12-09
viprn LLC
Granite Bank
Wayzata, MN
55391
$843,500
$84K
7(a)
Postal Service
2023-10-25
B&R Excavating LLC
Granite Bank
Becker, MN
55308
$830,000
$166K
7(a)
Site Preparation Contractors
2024-03-28
Drs. Milbert & Bicknell, DDS, PLLC
Granite Bank
Cold Spring, MN
56320
$776,500
$46K
7(a)
Offices of Dentists
2011-10-14
CFHANNEL PROPERTIES, LLC AND CHANNEL MARINE & SPORTS, INC.
Granite Bank
Richmond, MN
56368
$727,000
$73K
7(a)
Motorcycle Dealers
2011-02-17
ONE HOUR MARTINIZING
Granite Bank
Savage, MN
55378
$724,000
$724K
7(a)
Drycleaning and Laundry Services (except Coin-Operated)
2009-07-16
Mill Plain Subs LLC
Minneapolis, MN · 55433
$3,343,300
7(a)
Granite Bank
$257K/job · 2021-07-16
Kavco, Inc.
East Gull Lake, MN · 56401
$3,000,000
7(a)
Granite Bank
$200K/job · 2010-12-29
LasX Industries, Inc.
White Bear Lake, MN · 55127
$2,500,000
7(a)
Granite Bank
$34K/job · 2020-11-19
C S Tex, Inc.
Champlin, MN · 55316
$2,400,000
7(a)
Granite Bank
$600K/job · 2019-11-15
Kavanaugh Resort Properties, Inc.
Brainerd, MN · 56401
$2,157,400
7(a)
Granite Bank
$196K/job · 2015-04-15
Ultimate Tennis, LLC
Rogers, MN · 55374
$2,100,000
7(a)
Granite Bank
$131K/job · 2018-08-20
DONATO ENTERPRISE, LLC
Champlin, MN · 55316
$1,817,340
7(a)
Granite Bank
2005-02-17
Legacy Building Solutions, Inc.
Saint Augusta, MN · 55382
$1,700,000
7(a)
Granite Bank
$38K/job · 2012-01-26
Legacy Building Solutions, Inc.
Saint Augusta, MN · 55382
$1,653,200
7(a)
Granite Bank
$19K/job · 2021-04-19
Caret Capital LLC
Anoka, MN · 55303
$1,410,000
7(a)
Granite Bank
$34K/job · 2012-08-31
Floor to Ceiling of Willmar, LLC
Willmar, MN · 56201
$1,400,000
7(a)
Granite Bank
$82K/job · 2023-10-10
TR Concrete, Inc.
Nowthen, MN · 55330
$1,400,000
7(a)
Granite Bank
$88K/job · 2020-09-24
Donnerite Co.
New London, MN · 56273
$1,200,000
7(a)
Granite Bank
$44K/job · 2013-02-07
Legacy Building Solutions, Inc.
Saint Augusta, MN · 55382
$1,104,400
7(a)
Granite Bank
$13K/job · 2020-01-23
Lasersharp Flexpak Services LLC
Vadnais Heights, MN · 55110
$1,089,500
7(a)
Granite Bank
$57K/job · 2020-11-19
LasX Industries, Inc.
White Bear Lake, MN · 55127
$1,000,000
7(a)
Granite Bank
$83K/job · 2020-12-09
Dialed Archery LLC
Cold Spring, MN · 56320
$950,000
7(a)
Granite Bank
$238K/job · 2026-02-20
Granite Creations, Inc
Paynesville, MN · 56362
$942,000
7(a)
Granite Bank
$135K/job · 2011-02-19
MAG Mechanical LLC
Minneapolis, MN · 55427
$922,000
7(a)
Granite Bank
$27K/job · 2017-12-27
Micro-Fab, LLC
Minneapolis, MN · 55445
$900,000
7(a)
Granite Bank
$50K/job · 2015-12-09
viprn LLC
Wayzata, MN · 55391
$843,500
7(a)
Granite Bank
$84K/job · 2023-10-25
B&R Excavating LLC
Becker, MN · 55308
$830,000
7(a)
Granite Bank
$166K/job · 2024-03-28
Drs. Milbert & Bicknell, DDS, PLLC
Cold Spring, MN · 56320
$776,500
7(a)
Granite Bank
$46K/job · 2011-10-14
CFHANNEL PROPERTIES, LLC AND CHANNEL MARINE & SPORTS, INC.
Richmond, MN · 56368
$727,000
7(a)
Granite Bank
$73K/job · 2011-02-17
ONE HOUR MARTINIZING
Savage, MN · 55378
$724,000
7(a)
Granite Bank
$724K/job · 2009-07-16
1–25 of 359
Page 1 of 15
Where Granite Bank lends
APPROVAL CONCENTRATION
TOP STATES
MN
338
WI
5
OH
3
CO
2
IL
2