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Lake Area Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Lake Area Bank.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
4
2010 – 2025
Approved $
$782K
across all programs
Avg loan size
$196K
median $153K
Top industry
Industrial Machinery and Equipment Wholesalers
1 loans · 25%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
4
Approved
$782K
Avg size
$196K
Range
$59K – $418K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Industrial Machinery and Equipment Wholesalers
1
Offices of Chiropractors
1
Loan records · Lake Area Bank
4 records
Sort:
SPREE MARKET
Chisago City, MN · 55013
$418,000
7(a)
Lake Area Bank1991-11-12
BOARD & BISCUIT, INC.
Chisago City, MN · 55013
$160,000
7(a)
Lake Area Bank1998-03-20
VITALITY HEALTH CENTER, LLC
Maplewood, MN · 55109
$145,000
7(a)
Lake Area Bank2001-04-05
MASTELL LIVEFLOOR RENTALS, INC
Roseville, MN · 55113
$59,000
7(a)
Lake Area Bank1998-12-24
1–4 of 4
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Where Lake Area Bank lends

APPROVAL CONCENTRATION
TOP STATES
MN
4