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State Bank of Bellingham
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State Bank of Bellingham, SBA Loan Activity
Public SBA 7(a) and 504 lending activity for State Bank Of Bellingham.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
5
2010 – 2025
Approved $
$464K
across all programs
Avg loan size
$93K
median $50K
Top industry
Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing
1 loans · 20%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
5
Approved
$464K
Avg size
$93K
Range
$18K – $310K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–
Top industries funded
See all industries
Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing
1
General Automotive Repair
1
Site Preparation Contractors
1
Video Tape and Disc Rental
1
Loan records · State Bank of Bellingham
5 records
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Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
MONNENS EXCAVATING
State Bank of Bellingham
Madison, MN
56256
$310,100
–
7(a)
Site Preparation Contractors
2004-01-05
Gary Fredrichsen
State Bank of Bellingham
Bellingham, MN
56212
$50,000
–
7(a)
–
1995-01-24
FREDRICHSEN AIR CONDITIONING &
State Bank of Bellingham
Bellingham, MN
56212
$50,000
–
7(a)
Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing
2002-08-07
PROGRESSIVE COLLISION & GLASS
State Bank of Bellingham
Ortonville, MN
56278
$36,229
–
7(a)
General Automotive Repair
1995-02-08
VAST VIDEO & RECORDING STUDIO
State Bank of Bellingham
Madison, MN
56256
$18,000
–
7(a)
Video Tape and Disc Rental
1999-03-05
MONNENS EXCAVATING
Madison, MN · 56256
$310,100
7(a)
State Bank of Bellingham
2004-01-05
Gary Fredrichsen
Bellingham, MN · 56212
$50,000
7(a)
State Bank of Bellingham
1995-01-24
FREDRICHSEN AIR CONDITIONING &
Bellingham, MN · 56212
$50,000
7(a)
State Bank of Bellingham
2002-08-07
PROGRESSIVE COLLISION & GLASS
Ortonville, MN · 56278
$36,229
7(a)
State Bank of Bellingham
1995-02-08
VAST VIDEO & RECORDING STUDIO
Madison, MN · 56256
$18,000
7(a)
State Bank of Bellingham
1999-03-05
1–5 of 5
Page 1 of 1
Where State Bank of Bellingham lends
APPROVAL CONCENTRATION
TOP STATES
MN
5