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Minnesota
Duluth
ZIP 55803
SBA Loans in ZIP 55803
Public SBA 7(a) and 504 approvals in Duluth, MN 55803.
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SBA loans
104
Approved $
$26.6M
all programs
Avg loan
$256K
per loan
Loan records · ZIP 55803
104 records
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Amount
Date
Per job
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Location
Approved
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Per job
Program
Industry
Date
Rice Lake Villas, LLC
Midwest Business Finance Corporation
Rice Lake, MN
55803
$2,955,000
$3.0M
504
Homes for the Elderly
2025-09-21
World Block, Inc.
Old National Bank
Duluth, MN
55803
$2,225,700
$223K
7(a)
All Other Miscellaneous Fabricated Metal Product Manufacturing
2010-12-06
Simco Properties, LLC
Wells Fargo Bank National Association
Duluth, MN
55803
$1,611,000
$81K
7(a)
Electrical Contractors
2016-03-02
Open Arms Senior Living
Midwest Business Finance Corporation
Rice Lake, MN
55803
$1,588,000
$132K
504
Homes for the Elderly
2022-01-25
Clearwater Composites, LLC
Midwest Business Finance Corporation
Rice Lake, MN
55803
$1,188,000
$297K
504
Abrasive Product Manufacturing
2021-08-03
MARINE TECH, LLC
Alerus Financial, National Association
Duluth, MN
55803
$1,000,000
$67K
7(a)
Other Heavy and Civil Engineering Construction
2010-03-16
Goat Path Group, Inc.
North Shore Bank of Commerce
Duluth, MN
55803
$995,000
$10K
7(a)
Other Technical and Trade Schools
2023-03-29
Destination Fitness LLC
Midwest Business Finance Corporation
Duluth, MN
55803
$938,000
$117K
504
Fitness and Recreational Sports Centers
2023-11-06
Kemper Corner Drug
Live Oak Banking Company
Duluth, MN
55803
$855,000
$45K
7(a)
Pharmacies and Drug Stores
2017-02-07
Smith Dermatology, LLC
Midwest Business Finance Corporation
Duluth, MN
55803
$828,000
—
504
Offices of Physicians (except Mental Health Specialists)
2020-05-04
BoomTown Duluth, Inc.
Midwest Business Finance Corporation
Duluth, MN
55803
$621,000
$19K
504
Full-Service Restaurants
2019-04-01
Lipe Brothers Construction, Inc
North Shore Bank of Commerce
Duluth, MN
55803
$500,000
$13K
7(a)
Commercial and Institutional Building Construction
2015-06-03
Bee Hive Homes of Duluth
Midwest Business Finance Corporation
Duluth, MN
55803
$458,000
$57K
504
Homes for the Elderly
2013-12-18
Mount Royal Dental
Amplio Economic Development Corporation
Duluth, MN
55803
$433,000
$72K
504
Offices of Dentists
2014-12-12
Authentic Property Investments LLC
Falcon National Bank
Duluth, MN
55803
$382,200
$48K
7(a)
Full-Service Restaurants
2019-02-26
Palisade Enterprises, Inc.
Alerus Financial, National Association
Duluth, MN
55803
$350,000
$14K
7(a)
Supermarkets and Other Grocery (except Convenience) Stores
2011-04-28
Duluth City Sawmill L.L.C.
Midwest Business Finance Corporation
Rice Lake, MN
55803
$345,000
$173K
504
Sawmills
2022-10-13
DRRY Properties, LLC
National Bank of Commerce
Duluth, MN
55803
$342,000
$26K
7(a)
Full-Service Restaurants
2024-03-26
F and P Properties, LLC
Falcon National Bank
Duluth, MN
55803
$320,000
$46K
7(a)
Recreational and Vacation Camps (except Campgrounds)
2014-12-02
F and P Properties, LLC
Falcon National Bank
Duluth, MN
55803
$320,000
$46K
7(a)
Recreational and Vacation Camps (except Campgrounds)
2014-11-29
The Loch Cafe & Games LLC
Members Cooperative Credit Union
Duluth, MN
55803
$315,000
$63K
7(a)
Limited-Service Restaurants
2023-03-24
ROBERT J TORGRIMSON
U.S. Bank, National Association
Duluth, MN
55803
$315,000
—
7(a)
Offices of Chiropractors
1995-07-13
Northern Waters Smokehaus
North Shore Bank of Commerce
Duluth, MN
55803
$300,000
$10K
7(a)
Full-Service Restaurants
2015-10-09
Marine Tech, LLC
Alerus Financial, National Association
Duluth, MN
55803
$300,000
$8K
7(a)
Other Heavy and Civil Engineering Construction
2013-07-26
Carlson Concrete Products Inc
National Bank of Commerce
Duluth, MN
55803
$297,300
$33K
7(a)
Ready-Mix Concrete Manufacturing
2021-09-23
Rice Lake Villas, LLC
Rice Lake, MN · 55803
$2,955,000
504
Midwest Business Finance Corporation
$3.0M/job · 2025-09-21
World Block, Inc.
Duluth, MN · 55803
$2,225,700
7(a)
Old National Bank
$223K/job · 2010-12-06
Simco Properties, LLC
Duluth, MN · 55803
$1,611,000
7(a)
Wells Fargo Bank National Association
$81K/job · 2016-03-02
Open Arms Senior Living
Rice Lake, MN · 55803
$1,588,000
504
Midwest Business Finance Corporation
$132K/job · 2022-01-25
Clearwater Composites, LLC
Rice Lake, MN · 55803
$1,188,000
504
Midwest Business Finance Corporation
$297K/job · 2021-08-03
MARINE TECH, LLC
Duluth, MN · 55803
$1,000,000
7(a)
Alerus Financial, National Association
$67K/job · 2010-03-16
Goat Path Group, Inc.
Duluth, MN · 55803
$995,000
7(a)
North Shore Bank of Commerce
$10K/job · 2023-03-29
Destination Fitness LLC
Duluth, MN · 55803
$938,000
504
Midwest Business Finance Corporation
$117K/job · 2023-11-06
Kemper Corner Drug
Duluth, MN · 55803
$855,000
7(a)
Live Oak Banking Company
$45K/job · 2017-02-07
Smith Dermatology, LLC
Duluth, MN · 55803
$828,000
504
Midwest Business Finance Corporation
2020-05-04
BoomTown Duluth, Inc.
Duluth, MN · 55803
$621,000
504
Midwest Business Finance Corporation
$19K/job · 2019-04-01
Lipe Brothers Construction, Inc
Duluth, MN · 55803
$500,000
7(a)
North Shore Bank of Commerce
$13K/job · 2015-06-03
Bee Hive Homes of Duluth
Duluth, MN · 55803
$458,000
504
Midwest Business Finance Corporation
$57K/job · 2013-12-18
Mount Royal Dental
Duluth, MN · 55803
$433,000
504
Amplio Economic Development Corporation
$72K/job · 2014-12-12
Authentic Property Investments LLC
Duluth, MN · 55803
$382,200
7(a)
Falcon National Bank
$48K/job · 2019-02-26
Palisade Enterprises, Inc.
Duluth, MN · 55803
$350,000
7(a)
Alerus Financial, National Association
$14K/job · 2011-04-28
Duluth City Sawmill L.L.C.
Rice Lake, MN · 55803
$345,000
504
Midwest Business Finance Corporation
$173K/job · 2022-10-13
DRRY Properties, LLC
Duluth, MN · 55803
$342,000
7(a)
National Bank of Commerce
$26K/job · 2024-03-26
F and P Properties, LLC
Duluth, MN · 55803
$320,000
7(a)
Falcon National Bank
$46K/job · 2014-12-02
F and P Properties, LLC
Duluth, MN · 55803
$320,000
7(a)
Falcon National Bank
$46K/job · 2014-11-29
The Loch Cafe & Games LLC
Duluth, MN · 55803
$315,000
7(a)
Members Cooperative Credit Union
$63K/job · 2023-03-24
ROBERT J TORGRIMSON
Duluth, MN · 55803
$315,000
7(a)
U.S. Bank, National Association
1995-07-13
Northern Waters Smokehaus
Duluth, MN · 55803
$300,000
7(a)
North Shore Bank of Commerce
$10K/job · 2015-10-09
Marine Tech, LLC
Duluth, MN · 55803
$300,000
7(a)
Alerus Financial, National Association
$8K/job · 2013-07-26
Carlson Concrete Products Inc
Duluth, MN · 55803
$297,300
7(a)
National Bank of Commerce
$33K/job · 2021-09-23
1–25 of 104
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