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Red River State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Red River State Bank.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
223
2010 – 2025
Approved $
$83.0M
across all programs
Avg loan size
$372K
median $150K
Top industry
"Soil Preparation, Planting, and Cultivating"
23 loans · 10%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
223
Approved
$83.0M
Avg size
$372K
Range
$4K – $3.7M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
"Soil Preparation, Planting, and Cultivating"
23
Soybean Farming
15
Oilseed and Grain Combination Farming
13
Hay Farming
11
Drinking Places (Alcoholic Beverages)
10
New Multifamily Housing Construction (except Operative Builders)
10
Loan records · Red River State Bank
223 records
Sort:
Raguse Family Partnership
Wheaton, MN · 56296
$3,700,000
7(a)
Red River State Bank$185K/job · 2021-03-18
Parkside Place LLC
Watertown, SD · 57201
$2,601,400
7(a)
Red River State Bank$2.6M/job · 2021-03-15
Robert Henry Johnson
Clearbrook, MN · 56634
$2,500,000
7(a)
Red River State Bank$833K/job · 2025-05-05
Feland Brothers Farms Partnership
Antler, ND · 58711
$2,400,000
7(a)
Red River State Bank$600K/job · 2021-02-11
Ryan Alexander Dahl
Perham, MN · 56573
$2,376,000
7(a)
Red River State Bank$2.4M/job · 2021-02-20
Anthony Charles Dahl
Perham, MN · 56573
$2,376,000
7(a)
Red River State Bank$2.4M/job · 2021-02-19
Silver Wings Flying Company LLC
Casa Grande, AZ · 85122
$2,106,000
7(a)
Red River State Bank$60K/job · 2025-12-29
Feland Brothers Farms Partnership
Mohall, ND · 58761
$2,000,000
7(a)
Red River State Bank$500K/job · 2020-12-16
Travis David Raguse
Wheaton, MN · 56296
$1,967,000
7(a)
Red River State Bank$2.0M/job · 2021-03-19
Michael G. Holte
Halstad, MN · 56548
$1,930,000
7(a)
Red River State Bank$193K/job · 2021-03-26
1023 Flats, LLC
Fargo, ND · 58103
$1,872,000
7(a)
Red River State Bank$1.9M/job · 2021-05-19
Schilken Family Investments, LLC
Watertown, SD · 57201
$1,720,000
7(a)
Red River State Bank$1.7M/job · 2021-06-02
Mulinda Sue Craig
Fargo, ND · 58102
$1,652,500
7(a)
Red River State Bank$1.7M/job · 2021-06-22
Schilken Family Investments, LLC
Watertown, SD · 57201
$1,612,500
7(a)
Red River State Bank$1.6M/job · 2021-05-20
Generations on 1st LLC
Watertown, SD · 57201
$1,565,200
7(a)
Red River State Bank$1.6M/job · 2021-03-15
Mulinda Sue Craig
Fargo, ND · 58102
$1,477,500
7(a)
Red River State Bank$1.5M/job · 2021-04-26
Robert Henry Johnson
Clearbrook, MN · 56634
$1,400,000
7(a)
Red River State Bank$233K/job · 2021-02-08
Mulinda Sue Craig
Fargo, ND · 58102
$1,321,100
7(a)
Red River State Bank$1.3M/job · 2021-05-27
ASLESEN LEASIN, LLC
Halstad, MN · 56548
$1,250,000
7(a)
Red River State Bank$625K/job · 2023-06-29
Airborne Custom Spraying, Inc
Halstad, MN · 56548
$1,100,000
7(a)
Red River State Bank$220K/job · 2021-03-19
Airborne Custom Spraying, Inc
Halstad, MN · 56548
$1,100,000
7(a)
Red River State Bank$220K/job · 2021-07-23
Eric Birchem
Wahpeton, ND · 58075
$1,062,000
7(a)
Red River State Bank$354K/job · 2021-04-17
Jantz Dale Feland
Antler, ND · 58711
$950,000
7(a)
Red River State Bank$950K/job · 2021-02-10
Kelci Feland
Antler, ND · 58711
$950,000
7(a)
Red River State Bank$950K/job · 2021-02-10
Dakota Prairie Farms LLC
Ashton, SD · 57424
$910,000
7(a)
Red River State Bank$303K/job · 2021-05-07
1–25 of 223
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Where Red River State Bank lends

APPROVAL CONCENTRATION
TOP STATES
MN
152
ND
45
SD
8
IL
5
FL
3