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Minnesota Lakes Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Minnesota Lakes Bank.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$15.5M

across all programs

Avg loan size

$352K

median $203K

Top industry

Full-Service Restaurants

6 loans · 14%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$15.5M

Avg size

$352K

Range

$20K – $2.1M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Full-Service Restaurants

Landscaping Services

Offices of Certified Public Accountants

Drafting Services

Limited-Service Restaurants

Masonry Contractors

Loan records · Minnesota Lakes Bank

44 records

Sort:

Borrower

Location

Program

Industry

Midwest Tank Company Minnesota Lakes Bank

Big Lake, MN

55309

$2,100,000

$131K

7(a)

Metal Tank (Heavy Gauge) Manufacturing

2020-03-30

Mound Foods Inc.Minnesota Lakes Bank

Mound, MN

55364

$1,800,000

—

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2002-04-22

DELANO MOTOR COMPANY Minnesota Lakes Bank

Delano, MN

55328

$1,200,000

—

7(a)

New Car Dealers

2002-05-23

MOUND FAMILY HARDWARE Minnesota Lakes Bank

Mound, MN

55364

$1,088,000

—

7(a)

Hardware Stores

2000-06-06

BILLINGS RV, INC.Minnesota Lakes Bank

Billings, MT

59102

$1,051,200

—

7(a)

Nonresidential Property Managers

2005-11-17

BAUER CAPITAL CORPORATION Minnesota Lakes Bank

Edina, MN

55345

$700,000

—

7(a)

Other Gasoline Stations

2003-05-13

OLD MET BBQ, LLC Minnesota Lakes Bank

Bloomington, MN

55438

$640,000

$26K

7(a)

Full-Service Restaurants

2008-01-08

Jelco Parts, Inc.Minnesota Lakes Bank

Minneapolis, MN

55428

$500,000

$23K

7(a)

Office Equipment Merchant Wholesalers

2009-07-14

Impact Group, Inc.Minnesota Lakes Bank

Saint Paul, MN

55128

$475,000

$95K

7(a)

Administrative Management and General Management Consulting Services

2021-09-27

Midwest Tank Company Minnesota Lakes Bank

Big Lake, MN

55309

$400,000

$25K

7(a)

Metal Tank (Heavy Gauge) Manufacturing

2020-03-30

ADL Enterprises LLC Minnesota Lakes Bank

Chanhassen, MN

55317

$375,000

$25K

7(a)

Limited-Service Restaurants

2023-06-14

Hei Associates LLC Minnesota Lakes Bank

Monticello, MN

55362

$369,800

$123K

7(a)

Lessors of Other Real Estate Property

2023-09-27

Water's Edge Transportation, LLC Minnesota Lakes Bank

Waconia, MN

55387

$365,000

$14K

7(a)

All Other Support Activities for Transportation

2022-08-17

Normano's, LLC Minnesota Lakes Bank

Buffalo, MN

55313

$359,000

$20K

7(a)

Drinking Places (Alcoholic Beverages)

2013-09-03

Martin & Haller, Ltd Minnesota Lakes Bank

Minnetonka, MN

55345

$285,000

$57K

7(a)

Offices of Certified Public Accountants

2016-11-04

Klinkner Acquistion LLC Minnesota Lakes Bank

Howard Lake, MN

55349

$270,000

$135K

7(a)

Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers

2023-09-20

SCOTTY B'S, INC Minnesota Lakes Bank

Mound, MN

55364

$247,000

—

7(a)

Full-Service Restaurants

2002-07-11

ADL Enterprises LLC Minnesota Lakes Bank

Excelsior, MN

55331

$232,800

$17K

7(a)

Limited-Service Restaurants

2021-07-22

CRT Enterprise, LLC Minnesota Lakes Bank

Delano, MN

55328

$230,000

$58K

7(a)

Landscaping Services

2021-11-22

Bains LLC Minnesota Lakes Bank

Saint Paul, MN

55129

$230,000

$29K

7(a)

Full-Service Restaurants

2023-02-07

Plug Technologies, Inc.Minnesota Lakes Bank

Hanover, MN

55341

$208,000

$23K

7(a)

Rubber Product Manufacturing for Mechanical Use

2013-03-05

Christian James, Inc.Minnesota Lakes Bank

Albertville, MN

55301

$205,000

$41K

7(a)

Custom Computer Programming Services

2011-09-22

MAAS CONSTRUCTION INC Minnesota Lakes Bank

Delano, MN

55328

$200,000

—

7(a)

—

1996-10-22

Dosirak LLC Minnesota Lakes Bank

Eden Prairie, MN

55344

$183,500

$23K

7(a)

Full-Service Restaurants

2022-08-23

Cities Edge Transportation, LLC Minnesota Lakes Bank

Delano, MN

55328

$178,000

$18K

7(a)

All Other Transit and Ground Passenger Transportation

2017-05-01

Minnesota Lakes Bank$131K/job · 2020-03-30

Minnesota Lakes Bank2002-04-22

Minnesota Lakes Bank2002-05-23

MOUND FAMILY HARDWARE

Mound, MN · 55364

$1,088,000

7(a)

Minnesota Lakes Bank2000-06-06

Minnesota Lakes Bank2005-11-17

BAUER CAPITAL CORPORATION

Edina, MN · 55345

$700,000

7(a)

Minnesota Lakes Bank2003-05-13

OLD MET BBQ, LLC

Bloomington, MN · 55438

$640,000

7(a)

Minnesota Lakes Bank$26K/job · 2008-01-08

Jelco Parts, Inc.

Minneapolis, MN · 55428

$500,000

7(a)

Minnesota Lakes Bank$23K/job · 2009-07-14

Impact Group, Inc.

Saint Paul, MN · 55128

$475,000

7(a)

Minnesota Lakes Bank$95K/job · 2021-09-27

Minnesota Lakes Bank$25K/job · 2020-03-30

ADL Enterprises LLC

Chanhassen, MN · 55317

$375,000

7(a)

Minnesota Lakes Bank$25K/job · 2023-06-14

Hei Associates LLC

Monticello, MN · 55362

$369,800

7(a)

Minnesota Lakes Bank$123K/job · 2023-09-27

Water's Edge Transportation, LLC

Waconia, MN · 55387

$365,000

7(a)

Minnesota Lakes Bank$14K/job · 2022-08-17

Minnesota Lakes Bank$20K/job · 2013-09-03

Martin & Haller, Ltd

Minnetonka, MN · 55345

$285,000

7(a)

Minnesota Lakes Bank$57K/job · 2016-11-04

Klinkner Acquistion LLC

Howard Lake, MN · 55349

$270,000

7(a)

Minnesota Lakes Bank$135K/job · 2023-09-20

Minnesota Lakes Bank2002-07-11

ADL Enterprises LLC

Excelsior, MN · 55331

$232,800

7(a)

Minnesota Lakes Bank$17K/job · 2021-07-22

Minnesota Lakes Bank$58K/job · 2021-11-22

Bains LLC

Saint Paul, MN · 55129

$230,000

7(a)

Minnesota Lakes Bank$29K/job · 2023-02-07

Plug Technologies, Inc.

Hanover, MN · 55341

$208,000

7(a)

Minnesota Lakes Bank$23K/job · 2013-03-05

Christian James, Inc.

Albertville, MN · 55301

$205,000

7(a)

Minnesota Lakes Bank$41K/job · 2011-09-22

MAAS CONSTRUCTION INC

Delano, MN · 55328

$200,000

7(a)

Minnesota Lakes Bank1996-10-22

Dosirak LLC

Eden Prairie, MN · 55344

$183,500

7(a)

Minnesota Lakes Bank$23K/job · 2022-08-23

Cities Edge Transportation, LLC

Delano, MN · 55328

$178,000

7(a)

Minnesota Lakes Bank$18K/job · 2017-05-01

1–25 of 44

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Where Minnesota Lakes Bank lends

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