Minnesota
Top SBA lenders in Saint Paul
Businesses in the Saint Paul area have received $756M across 2,146 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Saint Paul | Rating |
|---|---|---|---|
| 1 | U.S. Bank, National Association | $70M | 2.1(31) |
| 2 | Old National Bank | $59M | 2.4(49) |
| 3 | Sunrise Banks National Association | $54M | 3.1(15) |
| 4 | Wells Fargo Bank National Association | $52M | 3.0(23) |
| 5 | BankVista | $34M | 4.1(28) |
| 6 | Platinum Bank | $29M | 4.3(15) |
| 7 | Choice Financial Group | $24M | 4.1(25) |
| 8 | Hiawatha National Bank | $24M | 3.4(5) |
| 9 | BankCherokee | $20M | 3.2(9) |
| 10 | 21st Century Bank | $17M | 3.7(7) |
| 11 | Northeast Bank | $16M | 4.0(28) |
| 12 | The Huntington National Bank | $16M | 2.2(69) |
| 13 | Drake Bank | $14M | 4.1(53) |
| 14 | Minnwest Bank | $14M | 5.0(6) |
| 15 | Coulee Bank | $14M | 4.3(31) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Minnesota SBA lenders →
SBA lenders in Saint Paul — common questions
Which SBA lender is most active in Saint Paul?
U.S. Bank, National Association has approved the most SBA 7(a) & 504 funding for Saint Paul-area businesses — $70M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Saint Paul businesses received?
Businesses in the Saint Paul area have received $756M across 2,146 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Saint Paul?
No. SBA loans are federal, so a national or out-of-state lender can fund your Saint Paul business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Saint Paul SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Saint Paul area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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