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Lake Elmo Bank — SBA Loan Activity

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

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
97
2010 – 2025
Approved $
$30.3M
across all programs
Avg loan size
$312K
median $100K
Top industry
"Hobby, Toy, and Game Stores"
6 loans · 6%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
97
Approved
$30.3M
Avg size
$312K
Range
$10K – $5.0M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
"Hobby, Toy, and Game Stores"
6
Offices of Chiropractors
6
Baked Goods Stores
3
Fitness and Recreational Sports Centers
3
Motion Picture and Video Production
3
"All Other Professional, Scientific, and Technical Services"
2
Loan records · Lake Elmo Bank
97 records
Sort:
LCB Business Corp.
Blaine, MN · 55449
$5,000,000
7(a)
Lake Elmo Bank$152K/job · 2024-11-06
Collegiate Services Inc.
Champaign, IL · 61821
$3,056,600
7(a)
Lake Elmo Bank$255K/job · 2024-07-24
Gruber Ventures LLC
Lake Elmo, MN · 55042
$2,314,800
7(a)
Lake Elmo Bank$47K/job · 2023-07-11
MOJAVE LABORATORIES, INC.
Oak Park Heights, MN · 55082
$1,500,000
7(a)
Lake Elmo Bank2006-01-23
O'Neill Electric Inc.
Stillwater, MN · 55082
$1,500,000
7(a)
Lake Elmo Bank$41K/job · 2026-01-21
McPhillips' Larson-Berry, Inc.
Chisago City, MN · 55013
$1,037,000
7(a)
Lake Elmo Bank2014-07-08
ERICKSON POST
Stillwater, MN · 55082
$934,000
7(a)
Lake Elmo Bank1994-10-18
STILLWATER VETERINARY CLINIC
Stillwater, MN · 55082
$800,000
7(a)
Lake Elmo Bank1993-09-03
Midwest RKP, LLC
Saint Paul, MN · 55124
$800,000
7(a)
Lake Elmo Bank$50K/job · 2022-12-21
Fransgato Fitness LLC
Minneapolis, MN · 55406
$597,500
7(a)
Lake Elmo Bank$149K/job · 2019-07-18
RIVER VALLEY ATHLETIC CLUB
Stillwater, MN · 55082
$540,000
7(a)
Lake Elmo Bank1995-01-19
Akins Henke and Company, LLC
Oakdale, MN · 55128
$531,000
7(a)
Lake Elmo Bank$133K/job · 2013-12-10
PHOENIX ENGINEERING CORP
Oakdale, MN · 55128
$500,000
7(a)
Lake Elmo Bank1996-02-29
DEI CORP
North St Paul, MN · 55109
$500,000
7(a)
Lake Elmo Bank1995-04-07
RIVER RIDGE REHABILITATION
Stillwater, MN · 55082
$380,000
7(a)
Lake Elmo Bank1992-10-15
MAJJ PROPERTIES, LLC AND ASCO COMMODITIES INC
Oakdale, MN · 55128
$360,300
7(a)
Lake Elmo Bank$180K/job · 2010-08-13
Dollar Hobbyz L.L.C.
Stillwater, MN · 55082
$351,000
7(a)
Lake Elmo Bank$88K/job · 2015-11-18
Dollar Hobbyz L.L.C.
Saint Paul, MN · 55125
$350,000
7(a)
Lake Elmo Bank$22K/job · 2019-06-21
Lambert Engineering and Construction Services, Inc
Laramie, WY · 82070
$350,000
7(a)
Lake Elmo Bank$18K/job · 2020-10-27
CENTURY POWER EQUIPMENT, INC
Stillwater, MN · 55082
$350,000
7(a)
Lake Elmo Bank1991-12-06
SARRACKS INTERNATIONAL WINES AND SPIR
St Paul, MN · 55119
$345,000
7(a)
Lake Elmo Bank1992-08-05
K'S CATERING
Oakdale, MN · 55128
$320,000
7(a)
Lake Elmo Bank1997-05-22
Nourishing Body, LLC
Woodbury, MN · 55125
$317,700
7(a)
Lake Elmo Bank$40K/job · 2024-04-29
The Madison Mn LLC
Cottage Grove, MN · 55016
$317,600
7(a)
Lake Elmo Bank$79K/job · 2024-08-29
Ready Rail, LLC
Oakdale, MN · 55129
$308,900
7(a)
Lake Elmo Bank$77K/job · 2011-04-12
1–25 of 97
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Where Lake Elmo Bank lends

APPROVAL CONCENTRATION
TOP STATES
MN
90
WI
3
IL
2
TN
1
WY
1