SBA Lenders - Top 25
Ranked by value of SBA loans | List information taken from the 2013 Business Information Guide
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 2012 fiscal year went from October 2011 to September 2012. The 2011 fiscal year went from October 2010 to September 2011. Southeastern Minnesota 504 Development Corporation does business as 504 Corporation.
1 | | Minnesota Business Finance Corporation
616 Roosevelt Road, Ste. 200
St. Cloud, MN 56301
320-258-5000 • mbfc.org
| 1983
| $74,155,000
| 110
| $39,426,000
88.09
| 80
| Nadene
Kruize
| Tom
Saehr
|
2 | | Twin Cities--Metro Certified Development Company
3495 Vadnais Center Dr.
Vadnais Heights, MN 55110
651-481-8081 • 504lending.com
| 1990
| $66,965,000
| 120
| $43,132,000
55.26
| 73
| Pete
Ingebrand
| |
3 | 
| Wells Fargo SBA Lending
1455 W Lake St., Ste. 306
Minneapolis, MN 55408
612-316-2402 • wellsfargo.com/sba
| 1857
| $49,843,300
| 151
| $52,002,400
(4.15)
| 146
| Jeff
Roseland
| Jeff
Roseland
|
4 | | Spedco
3900 Northwoods Dr., Ste. 225
Arden Hills, MN 55112
651-631-4900 • spedco.com
| 1981
| $42,463,000
| 51
| $33,754,000
25.80
| 52
| Andy
Clausen
| Kristin
Wood
|
5 | | Bremer Bank, National Association
445 Minnesota St., Ste. 2100
St. Paul, MN 55101
800-908-2265 • bremer.com
| 1943
| $37,944,700
| 62
| $64,551,700
(41.22)
| 106
| Paul
Flood
| Tamara
Peterson
|
6 | | U.S. Bank, National Association
3305 Plymouth Blvd.
Plymouth, MN 55447
763-509-3734 • usbank.com
| 1863
| $21,416,100
| 153
| $33,495,500
(36.06)
| 171
| Dane
Holmberg
| Dane
Holmberg
|
7 | | Anchor Bank, National Association
1570 Concordia Ave.
St. Paul, MN 55104
651-747-2931 • anchorlink.com
| 1923
| $20,512,000
| 32
| $30,765,200
(33.33)
| 78
| Melissa
Kraemer
| Carl
Jones
|
8 | | Prairieland Economic Development Corporation
1 Prairie Dr.
Slayton, MN 56172
507-836-6656 • prairielandedc.com
| 1983
| $16,218,000
| 34
| $12,279,000
32.08
| 26
| Ann
Peterson
| Ann
Peterson
|
9 | | Venture Bank
6210 Wayzata Blvd.
Golden Valley, MN 55146
763-398-3333 • venturebankonline.com
| 2001
| $14,246,400
| 35
| $28,868,000
(50.65)
| 58
| John
Fritz
| Mike
Zenk
|
10 | | Stearns Bank, National Association
4191 2nd St. S
St. Cloud, MN 56301
320-253-6607 • stearnsbank.com
| 1912
| $14,140,000
| 25
| $14,565,200
(2.92)
| 24
| Tom
Ethen
| Steve
Norman
Domine
Skalicky
|
11 | | Platinum Bank
7667 10th St. N
Oakdale, MN 55128
651-332-5200 • platinumbankmn.com
| 2007
| $9,341,000
| 16
| $1,747,000
434.69
| 9
| Marc
Cove
| David
Rom
|
12 | | Central Minnesota Development Company
1885 Station Pkwy. NW
Andover, MN 55304
763-784-3337 • cmdcbusinessloans.com
| 1977
| $8,784,000
| 19
| $10,396,000
(15.51)
| 19
| Kevin
Weeres
| Mike
Mulrooney
|
13 | | 21st Century Bank
9380 Central Ave. NE
Blaine, MN 55434
763-767-2178 • 21stcenturybank.com
| 1917
| $8,208,800
| 34
| $11,958,900
(31.36)
| 32
| Greg
Klohn
| Jonathan
Dolphin
|
14 | | Park Midway Bank, National Association
2300 Como Ave.
St. Paul, MN 55108
651-523-7800 • parkmidwaybank.com
| 1916
| $7,943,000
| 28
| $15,616,100
(49.14)
| 55
| John
Kimball
| Richard
Beeson
|
15 | | Southeastern Minnesota 504 Development Corporation
220 S Broadway, Ste. 100
Rochester, MN 55904
507-288-6442 • 504corporation.com
| 1990
| $6,676,000
| 14
| $11,017,000
(39.40)
| 13
| Dwayne
Lee
| Dwayne
Lee
|
16 | | Summit Community Bank
1275 Country Road D E
St. Paul, MN 55109
651-735-2265 • scbnet.net
| 2007
| $6,666,000
| 19
| $1,440,000
362.92
| 5
| Kevin
Kelly
| Kevin
Whelan
|
17 | | BankVista
125 Twin Rivers Ct.
Sartell, MN 56377
320-257-1600 • bankvista.com
| 2000
| $6,421,000
| 34
| $9,559,000
(32.83)
| 37
| Dan
Nygaard
| Dan
Nygaard
|
18 | | CorTrust Bank, National Association
9740 Tamarack Road
Woodbury, MN 55125
651-289-5000 • cortrustbank.com
| 1930
| $6,272,000
| 5
| $675,000
829.19
| 3
| Jay
Gikas
| Jay
Gikas
|
19 | | Fidelity Bank
7600 Parklawn Ave.
Edina, MN 55435
952-831-6600 • fidelitybankmn.com
| 1970
| $5,659,000
| 14
| $3,909,100
44.76
| 19
| Anthony
Giziniski
| Chuck
Mueller
|
20 | | Associated Bank, National Association
740 Marquette Ave.
Minneapolis, MN 55402
612-359-4437 • associatedbank.com
| 1970
| $5,285,200
| 49
| $8,185,800
(35.43)
| 65
| Paul
Poncin
| Eric
Gundersen
|
21 | | Highland Bank
2100 Ford Pkwy.
St. Paul, MN 55116
651-698-2471 • highlandbanks.com
| 1943
| $5,232,500
| 43
| $1,792,400
191.93
| 24
| Kim
Storey
| |
22 | | Woodlands National Bank
424 Main St.; P.O. Box B
Onamia, MN 56359
320-532-4142 • woodlandsnationalbank.com
| 1996
| $4,850,400
| 23
| $6,023,500
(19.48)
| 26
| Mike
Thinesen
| Kenneth
Villebro
|
23 | | Northeast Bank
77 Broadway St. NE
Minneapolis, MN 55413
612-379-8811 • northeastbank-mn.com
| 1947
| $4,824,500
| 17
| $8,761,800
(44.94)
| 10
| Mark
Ethan
| Tom
Beck
|
24 | | Home Federal Savings Bank
50 14th Ave. E, Ste. 100
Sartell, MN 56377
320-654-4020 • justcallhome.com
| 1934
| $4,777,800
| 5
| $8,704,000
(45.11)
| 9
| Marty
Mixell
| Bradley
Krehbiel
|
25 | 
| KleinBank
1550 Audubon Road
Chaska, MN 55318
952-448-2484 • kleinbank.com
| 1907
| $4,229,000
| 8
| $5,702,700
(25.84)
| 12
| George
Ruth
| Doug
Hile
|
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