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Lake Central Bank, SBA Loan Activity

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

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
8
2010 – 2025
Approved $
$921K
across all programs
Avg loan size
$115K
median $100K
Top industry
"Nursery, Garden Center, and Farm Supply Stores"
1 loans · 13%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
8
Approved
$921K
Avg size
$115K
Range
$40K – $250K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–

Top industries funded

See all industries
"Nursery, Garden Center, and Farm Supply Stores"
1
Heating Oil Dealers
1
Hunting and Trapping
1
New Car Dealers
1
Loan records · Lake Central Bank
8 records
Sort:
ASCHEMAN OIL, INC.
Danvers, MN · 56231
$250,000
7(a)
Lake Central Bank1991-05-24
ANDERSON LUMBER CO
Benson, MN · 56215
$205,000
7(a)
Lake Central Bank1993-05-24
KASEMAN MACHINE
Maple Lake, MN · 55358
$100,000
7(a)
Lake Central Bank1996-10-17
COUNTRY CHEVROLET
Annandale, MN · 55302
$100,000
7(a)
Lake Central Bank1995-11-24
SUBWAY OF ANNANDALE
Annandale, MN · 55302
$100,000
7(a)
Lake Central Bank1997-11-10
RIVERSIDE EXPRESS
Hancock, MN · 56244
$66,000
7(a)
Lake Central Bank1994-11-23
BRIGGS LAKE NURSERY
Clear Lake, MN · 55319
$60,000
7(a)
Lake Central Bank2000-01-28
COTTONWOOD CREEK HUNTING PRES
Danvers, MN · 56231
$40,000
7(a)
Lake Central Bank1995-10-30
1–8 of 8
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Where Lake Central Bank lends

APPROVAL CONCENTRATION
TOP STATES
MN
8