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SBA Lenders - Top 25

Ranked by value of SBA loans | List information taken from the 2014 Black Book
Source: The U.S. Small Business Administration's Minnesota office, company representatives, and websites. If you were not contacted for this list but would like to be in the future, please contact research@tcbmag.com.
Note: For the organizations on this list, the 2013 fiscal year went from October 2012 to September 2013. The 2012 fiscal year went from October 2011 to September 2012. Southeastern Minnesota 504 Development Corporation does business as 504 Corporation.
SBA Lender
Address
Phone • Website
Founded
Value of SBA loans for 2013 fiscal year
Number of SBA loans for 2013 fiscal year
Value of SBA loans for 2012 fiscal year/
Percent change '12-'13
Number of SBA loans for 2012 fiscal year
Top loan officer
Top local executive
1

Wells Fargo SBA Lending
1455 W Lake St., Ste. 306
Minneapolis, MN 55408
612-316-2402 • wellsfargo.com/sba
1857
$56,281,700
142
$49,843,300
12.92
151
Jeff
Roseland
Jeff
Roseland
2
Minnesota Business Finance Corporation1
616 Roosevelt Road, Ste. 200
St. Cloud, MN 56301
320-258-5000 • mbfc.org
1983
$55,035,000
90
$74,155,000
(25.78)
110
Nadene
Kruize
Tom
Saehr
3
Twin Cities--Metro Certified Development Company1
3495 Vadnais Center Dr.
Vadnais Heights, MN 55110
651-481-8081 • 504lending.com
1990
$47,355,000
95
$66,965,000
(29.28)
120
Debby
Gustafson
Pete
Ingebrand
4
Bremer Bank, National Association
445 Minnesota St., Ste. 2100
St. Paul, MN 55101
800-908-2265 • bremer.com
1943
$44,960,300
85
$37,944,700
18.49
62
Paul
Flood
Tamara
Peterson
5
U.S. Bank, National Association
3305 Plymouth Blvd.
Plymouth, MN 55447
763-509-3734 • usbank.com
1863
$28,034,000
188
$21,416,100
30.90
153
Dane
Holmberg
Dane
Holmberg
6
Venture Bank
6210 Wayzata Blvd.
Golden Valley, MN 55146
763-398-3333 • venturebankonline.com
2001
$21,668,600
44
$14,246,400
52.10
35
Christine
Young
John
Fritz
7
Spedco1
3900 Northwoods Dr., Ste. 225
Arden Hills, MN 55112
651-631-4900 • spedco.com
1981
$18,815,000
37
$42,463,000
(55.69)
51
Andy
Clausen
Kristin
Wood
8
Prairieland Economic Development Corporation1
1 Prairie Dr.
Slayton, MN 56172
507-836-6656 • prairielandedc.com
1983
$13,279,000
23
$16,218,000
(18.12)
34
Ann
Peterson
Ann
Peterson
9
Central Minnesota Development Company1
1885 Station Pkwy. NW
Andover, MN 55304
763-784-3337 • cmdcbusinessloans.com
1977
$11,770,000
24
$8,784,000
33.99
19
Kevin
Weeres
Mike
Mulrooney
10
Sunrise Banks, National Association2
200 University Ave. W
St. Paul, MN 55103
651-265-5600 • sunrisebanks.com
1916
$11,682,200
30
$7,943,000
47.08
28
Tony
Mailhot
David
Reiling
11
Stearns Bank, National Association
4191 2nd St. S
St. Cloud, MN 56301
320-253-6607 • stearnsbank.com
1912
$10,929,600
23
$14,140,000
(22.70)
25
Tom
Ethen
Steve
Domine
12
21st Century Bank
9380 Central Ave. NE
Blaine, MN 55434
763-767-2178 • 21stcenturybank.com
1917
$9,515,700
36
$8,208,800
15.92
34
Greg
Klohn
Jonathan
Dolphin
13
Woodlands National Bank
424 Main St.; P.O. Box B
Onamia, MN 56359
320-532-4142 • woodlandsnationalbank.com
1996
$9,363,900
22
$4,850,400
93.05
23
Devin
Lundmark
Kenneth
Villebro
14
Platinum Bank
7667 10th St. N
Oakdale, MN 55128
651-332-5200 • platinumbankmn.com
2007
$8,976,000
16
$9,341,000
(3.91)
16
Marc
Cove
Thomas
Jacobson
15
Anchor Bank, National Association
1570 Concordia Ave.
St. Paul, MN 55104
651-747-2931 • anchorlink.com
1923
$8,499,700
22
$20,512,000
(58.56)
32
Carl
Jones
Carl
Jones
16
Southeastern Minnesota 504 Development Corporation1
220 S Broadway, Ste. 100
Rochester, MN 55904
507-288-6442 • 504corporation.com
1990
$8,425,000
15
$6,676,000
26.20
14
Dwayne
Lee
Dwayne
Lee
17
BankVista
125 Twin Rivers Ct.
Sartell, MN 56377
320-257-1600 • bankvista.com
2000
$6,899,200
24
$6,421,000
7.45
34
Dan
Nygaard
Stefan
Freeman
18
Signature Bank
9800 Bren Road E, Ste. 200
Hopkins, MN 55343
952-936-7800 • signaturebankonline.com
2003
$6,654,000
22
$3,373,000
97.27
21
Leif
Syverson
Ken
Brooks
19
Alliance Bank
105 E Lyon Ave.
Lake City, MN 55041
651-345-3311 • alliancebanks.com
1867
$6,173,300
10
$1,303,800
373.49
6
Kory
Mortel
Philip
Reim
20
Bank of the West
250 Marquette Ave., Ste. 575
Minneapolis, MN 55401
612-339-1721 • bankofthewest.com
1874
$5,971,900
8
$2,424,400
146.32
5
Allan
Johnson
Tim
Carr
21
Highland Bank
2100 Ford Pkwy.
St. Paul, MN 55116
651-698-2471 • highlandbanks.com
1943
$5,793,500
30
$5,232,500
10.72
43
Kim
Storey
Rick
Wall
22
Eagle Community Bank
9600 Upland Lane North, Ste. 100
Maple Grove, MN 55369
763-494-9800 • eaglecommunitybank.com
2002
$4,993,800
9
NP3
NP
NP3
David
Mehl
Jason
Erdman
23
Bell State Bank & Trust
5500 Wayzata Blvd.
Golden Valley, MN 55416
952-905-5000 • bellbanks.com
1966
$4,407,000
11
$800,000
450.88
1
Raoul
Booton
Raoul
Booton
24
1st United Bank
430 NW 4th St.
Faribault, MN 55021
507-334-2201 • 1stunited.com
1920
$4,302,000
3
$3,606,100
19.30
3
Dave
Green
Gene
Buhr
25
Heritage Bank, National Association
120 South St. W
Spicer, MN 56288
320-796-0215 • heritagebankna.com
1964
$4,112,500
3
$4,079,000
0.82
4
Heather
Shamla
Dave
Henle

1 504 lender--a nonprofit corporation that works with the SBA and private-sector lenders to provide growing businesses with long-term, fixed rate financing for major fixed assets. All others are 7(a) guaranteed lenders.
2 Formerly Park Midway Bank, National Association
3 No SBA lending in 2012