
SBA Lenders in Minnesota
232 SBA lenders have funded 27,270 approved SBA loans for Minnesota businesses.
137 are based in Minnesota; the rest are national or multi-state lenders that actively fund Minnesota businesses.
Featured in Minnesota
Featured 
Featured 
Citizens State Bank of La Crosse
620 Main St
La Crosse, Wisconsin
Serves Minnesota — 20 approved
Find a local branch →Bank5.0(811)Featured 
Featured 
SBA lenders serving Minnesota
All 232 lenders that fund SBA loans for Minnesota businesses — 137 based in Minnesota, plus national and multi-state lenders. Multi-state listings link to their branch finder for Minnesota.
228 lenders



Bank5.0(9)
Beacon Bank and Trust
2 Harvard Street
Brookline, Massachusetts
Serves Minnesota — 7 approved
Find a local branch →Bank5.0(8)
Bank5.0(8)

- Bank5.0(3)
Bank5.0(3)




KeyBank National Association
127 Public Sq
Cleveland, Ohio
Serves Minnesota — 10 approved
Find a local branch →Bank5.0(2)Centerstone SBA Lending, Inc.
700 S Flower Street
Los Angeles, California
Serves Minnesota — 8 approved
Find a local branch →Bank5.0(1)
First National Bank
307 Hustan Ave
Fort Pierre, South Dakota
Serves Minnesota — 93 approved
Find a local branch →Bank5.0(1)


Bank4.9(109)
Security Financial Bank
212 W Prospect St
Durand, Wisconsin
Serves Minnesota — 16 approved
Find a local branch →Bank4.9(36)


Lendistry SBLC, LLC
767 South Alameda Street
Los Angeles, California
Serves Minnesota — 14 approved
Find a local branch →Bank4.8(3862)
State Bank Financial
401 Main St
La Crosse, Wisconsin
Serves Minnesota — 15 approved
Find a local branch →Bank4.8(138)
Merchants Bank of Indiana
410 Monon Blvd
Carmel, Indiana
Serves Minnesota — 5 approved
Find a local branch →Bank4.8(25)


United Valley Bank
211 Division Ave S
Cavalier, North Dakota
Serves Minnesota — 7 approved
Find a local branch →Bank4.8(6)
Bank4.7(172)
Town and Country CU
615 S Broadway
Minot, North Dakota
Serves Minnesota — 12 approved
Find a local branch →Credit Union4.7(102)
Bank4.7(20)
Skip the calling-around in Minnesota
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Get My Minnesota ShortlistMinnesota SBA lender questions
How many SBA lenders serve Minnesota?
232 lenders have funded SBA loans for Minnesota businesses (27,270 approved loans in total) — 137 based in Minnesota, plus national and multi-state lenders that fund Minnesota borrowers. Counts are sourced from SBA loan records by borrower location.
Can I use an SBA lender outside Minnesota?
Yes. SBA loans are federal, so an out-of-state lender can fund your Minnesota business. National SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender still helps when the deal needs site visits or local market knowledge.
Who is the best SBA lender in Minnesota?
"Best" depends on your loan size and industry, but Google ratings are a fair starting signal. Granite Bank currently holds the top rating among Minnesota-based SBA lenders at 5.0 stars. Preferred (PLP) lenders move fastest on approval timelines.
