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Security Bank Midwest
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Security Bank Midwest, SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Security Bank Midwest.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
8
2010 – 2025
Approved $
$2.6M
across all programs
Avg loan size
$329K
median $225K
Top industry
All Other Miscellaneous Manufacturing
1 loans · 13%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
8
Approved
$2.6M
Avg size
$329K
Range
$57K – $1.2M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–
Top industries funded
See all industries
All Other Miscellaneous Manufacturing
1
Drywall and Insulation Contractors
1
Other Building Material Dealers
1
Sawmills
1
Site Preparation Contractors
1
Loan records · Security Bank Midwest
8 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Bercom International, LLC
Security Bank Midwest
Chanhassen, MN
55317
$1,225,000
$175K
7(a)
All Other Miscellaneous Manufacturing
2009-10-23
Diversified Wall Systems llc
Security Bank Midwest
Blaine, MN
55449
$350,000
$58K
7(a)
Drywall and Insulation Contractors
2011-05-24
Ottertail Lumber Company
Security Bank Midwest
Minneapolis, MN
55414
$350,000
$88K
7(a)
Sawmills
2011-04-06
Kelly Knodel
Security Bank Midwest
Freeman, SD
57029
$300,000
$38K
7(a)
Site Preparation Contractors
2013-06-27
KRUSE BUILDING CENTER, INC.
Security Bank Midwest
Lennox, SD
57039
$150,000
–
7(a)
Other Building Material Dealers
2001-04-19
KRUSE BUILDING CENTER, INC.
Security Bank Midwest
Lennox, SD
57039
$140,000
–
7(a)
–
1991-04-11
KRUSE BUILDING CENTER, INC.
Security Bank Midwest
Lennox, SD
57039
$60,000
–
7(a)
–
1997-01-03
BOHEMIAN FAMILY RESTAURANT
Security Bank Midwest
Tyndall, SD
57066
$57,000
–
7(a)
–
1991-04-30
Bercom International, LLC
Chanhassen, MN · 55317
$1,225,000
7(a)
Security Bank Midwest
$175K/job · 2009-10-23
Diversified Wall Systems llc
Blaine, MN · 55449
$350,000
7(a)
Security Bank Midwest
$58K/job · 2011-05-24
Ottertail Lumber Company
Minneapolis, MN · 55414
$350,000
7(a)
Security Bank Midwest
$88K/job · 2011-04-06
Kelly Knodel
Freeman, SD · 57029
$300,000
7(a)
Security Bank Midwest
$38K/job · 2013-06-27
KRUSE BUILDING CENTER, INC.
Lennox, SD · 57039
$150,000
7(a)
Security Bank Midwest
2001-04-19
KRUSE BUILDING CENTER, INC.
Lennox, SD · 57039
$140,000
7(a)
Security Bank Midwest
1991-04-11
KRUSE BUILDING CENTER, INC.
Lennox, SD · 57039
$60,000
7(a)
Security Bank Midwest
1997-01-03
BOHEMIAN FAMILY RESTAURANT
Tyndall, SD · 57066
$57,000
7(a)
Security Bank Midwest
1991-04-30
1–8 of 8
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Where Security Bank Midwest lends
APPROVAL CONCENTRATION
TOP STATES
SD
5
MN
3