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Security State Bank of Hibbing, SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Security State Bank Of Hibbing.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
19
2010 – 2025
Approved $
$12.0M
across all programs
Avg loan size
$632K
median $175K
Top industry
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
2 loans · 11%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
19
Approved
$12.0M
Avg size
$632K
Range
$30K – $2.0M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–

Top industries funded

See all industries
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
2
Sporting Goods Stores
2
"Other Foundation, Structure, and Building Exterior Contractors"
1
All Other Miscellaneous Fabricated Metal Product Manufacturing
1
All Other Miscellaneous Manufacturing
1
All Other Specialty Trade Contractors
1
Loan records · Security State Bank of Hibbing
19 records
Sort:
HIBBING CHRYSLER CENTER LLC
Hibbing, MN · 55746
$2,000,000
7(a)
Security State Bank of Hibbing$35K/job · 2010-01-06
Cast Corporation
Hibbing, MN · 55746
$2,000,000
7(a)
Security State Bank of Hibbing$40K/job · 2020-09-09
Ellefson off Highway, Inc.
Iron, MN · 55751
$1,800,000
7(a)
Security State Bank of Hibbing$75K/job · 2012-08-14
Furin & Shea Welding & Fabricating, Inc.
Hibbing, MN · 55746
$1,346,000
7(a)
Security State Bank of Hibbing$31K/job · 2012-12-26
Motter Equipment, Inc.
Pengilly, MN · 55775
$1,200,000
7(a)
Security State Bank of Hibbing$67K/job · 2014-02-06
AQUA POWER, INC.
Eveleth, MN · 55734
$1,190,000
7(a)
Security State Bank of Hibbing$40K/job · 2010-08-12
RAW ENTERPRISES INC
Hibbing, MN · 55746
$740,000
7(a)
Security State Bank of Hibbing$148K/job · 2018-08-31
Ellefson off Highway, Inc.
Iron, MN · 55751
$650,000
7(a)
Security State Bank of Hibbing$27K/job · 2012-08-14
ZUBICH SPORTS
Hibbing, MN · 55746
$175,000
7(a)
Security State Bank of Hibbing$35K/job · 2009-02-27
ZUBICH SPORTS LLC
Hibbing, MN · 55746
$175,000
7(a)
Security State Bank of Hibbing$35K/job · 2009-02-27
ROSS HOME CENTER, LLC
Grand Rapids, MN · 55744
$128,256
7(a)
Security State Bank of Hibbing1999-10-12
PRECISION MUFLER & BRAKE
Hibbing, MN · 55746
$120,000
7(a)
Security State Bank of Hibbing2000-06-20
LEUTHOLD & JACOBSON INC
Hibbing, MN · 55746
$100,000
7(a)
Security State Bank of Hibbing1995-02-22
DOMINO'S PIZZA
Hibbing, MN · 55746
$100,000
7(a)
Security State Bank of Hibbing1996-07-11
DOMINO'S PIZZA
Hibbing, MN · 55746
$85,000
7(a)
Security State Bank of Hibbing1994-12-13
Range Spine Center, PLLC
St Louis, MN · 55746
$75,000
7(a)
Security State Bank of Hibbing$19K/job · 2013-02-20
ALESCH WOOD PRODUCTS
Meadowlands, MN · 55765
$50,000
7(a)
Security State Bank of Hibbing2001-12-28
HUNTERS' LIGHTHOUSE
Nashwauk, MN
$44,000
7(a)
Security State Bank of Hibbing1998-12-28
IRON RANGE TIRE SERVICE, INC
Hibbing, MN · 55746
$30,000
7(a)
Security State Bank of Hibbing2002-06-17
1–19 of 19
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Where Security State Bank of Hibbing lends

APPROVAL CONCENTRATION
TOP STATES
MN
19