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Sterling State Bank — SBA Loan Activity

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

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
16
2010 – 2025
Approved $
$2.1M
across all programs
Avg loan size
$132K
median $88K
Top industry
Hardware Stores
2 loans · 13%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
16
Approved
$2.1M
Avg size
$132K
Range
$35K – $282K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Hardware Stores
2
"Automotive Body, Paint, and Interior Repair and Maintenance"
1
Computer Systems Design Services
1
Drinking Places (Alcoholic Beverages)
1
Excavation Contractors
1
General Automotive Repair
1
Loan records · Sterling State Bank
16 records
Sort:
COAST TO COAST
Austin, MN · 55912
$281,600
7(a)
Sterling State Bank1991-07-02
JIM'S SUPERVALU OF AUSTIN,INC.
Austin, MN · 55912
$280,000
7(a)
Sterling State Bank1997-05-21
COAST TO COAST
Albert Lea, MN · 56007
$250,000
7(a)
Sterling State Bank1994-03-10
MEDICAP PHARMACY
Austin, MN · 55912
$246,000
7(a)
Sterling State Bank1997-02-20
FISH AND PET OF ROCHESTER
Rochester, MN · 55906
$205,000
7(a)
Sterling State Bank2002-08-27
CULVER'S OF ROCHESTER
Rochester, MN · 55902
$180,000
7(a)
Sterling State Bank1997-11-13
WRECK-A-MENDED AUTO BODY
Prior Lake, MN · 55372
$150,000
7(a)
Sterling State Bank2005-02-09
THE CLAREMONT PUB
Claremont, MN · 55924
$100,000
7(a)
Sterling State Bank1998-04-21
MICHAEL L ANDERSON
Mapleton, MN · 56065
$75,000
7(a)
Sterling State Bank1995-10-18
LANDSLIDE ENTERPRISES, INC.
Owatonna, MN · 55060
$60,000
7(a)
Sterling State Bank1999-03-09
MIDWEST TECHNICAL SERVICES,INC
Burnsville, MN · 55337
$50,000
7(a)
Sterling State Bank2000-12-28
NAILS ON 63
Rochester, MN · 55904
$50,000
7(a)
Sterling State Bank2003-02-18
MAN-ERD HOGS
New Richland, MN · 56093
$50,000
7(a)
Sterling State Bank1995-11-09
H&S CARBURETOR & ELECTRIC SVC
Austin, MN · 55912
$50,000
7(a)
Sterling State Bank1995-03-16
WATERFRONT SPA & POOL, INC.
Rochester, MN · 55901
$47,000
7(a)
Sterling State Bank1999-02-17
B&E CAFE
Austin, MN · 55912
$35,000
7(a)
Sterling State Bank1996-02-02
1–16 of 16
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Where Sterling State Bank lends

APPROVAL CONCENTRATION
TOP STATES
MN
16