SBA 7(a) lenders in Blue Earth, MN

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

35 institutions have SBA 7(a) loans on record in Blue Earth, together $95.1M across 426 loans. Old National Bank is the largest, with 21% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Old National Bank	28	$20.2M	21.2%	4.39%
2	Community Bank Mankato	70	$10.8M	11.4%	0.00%
3	Minnstar Bank National Association	99	$10.7M	11.3%	1.87%
4	BankVista	37	$10.4M	11.0%	0.38%
5	Pioneer Bank	51	$9.3M	9.8%	6.26%
6	The Huntington National Bank	13	$4.4M	4.7%	0.00%
7	United Prairie Bank	13	$3.2M	3.4%	0.00%
8	1st Financial Bank USA	1	$3.0M	3.2%	0.00%
9	First National Bank Minnesota	7	$2.3M	2.4%	0.00%
10	Profinium Inc	13	$2.0M	2.1%	0.00%
11	Wells Fargo Bank National Association	18	$2.0M	2.1%	0.00%
12	ProGrowth Bank	13	$1.7M	1.8%	2.10%
13	Stearns Bank National Association	3	$1.7M	1.8%	0.00%
14	United Bank of Iowa	1	$1.6M	1.6%	0.00%
15	Frandsen Bank and Trust	8	$1.4M	1.5%	0.00%
16	CCFBank National Association	6	$1.2M	1.2%	0.00%
17	Village Bank	1	$1.1M	1.2%	0.00%
18	Minnwest Bank	5	$1.1M	1.2%	0.00%
19	Gateway Bank	2	$1.0M	1.1%	0.00%
20	Scale Bank	2	$736K	0.8%	0.00%
21	VelocitySBA, LLC	3	$723K	0.8%	0.08%
22	The State Bank of Faribault	2	$718K	0.8%	0.00%
23	21st Century Bank	1	$600K	0.6%	0.00%
24	HomeTown Bank	3	$583K	0.6%	0.00%
25	KeyBank National Association	1	$396K	0.4%	0.00%
26	VisionBank	1	$290K	0.3%	0.00%
27	Voyager Bank	1	$250K	0.3%	0.00%
28	Highland Bank	3	$236K	0.2%	0.00%
29	First Bank of the Lake	1	$219K	0.2%	0.00%
30	Premier Bank Minnesota	2	$210K	0.2%	0.00%
31	Associated Bank National Association	4	$192K	0.2%	0.00%
32	U.S. Bank, National Association	8	$177K	0.2%	0.00%
33	Northeast Bank	3	$175K	0.2%	0.00%
34	Independence Bank	1	$125K	0.1%	0.00%
35	Prime Security Bank	1	$113K	0.1%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Construction	77	$13.8M	14.6%
2	Health care & social assistance	31	$13.2M	13.8%
3	Accommodation & food services	60	$12.9M	13.6%
4	Transportation & warehousing	18	$9.0M	9.5%
5	Retail trade	37	$6.2M	6.5%
6	Other services	37	$6.0M	6.3%
7	Manufacturing	22	$5.6M	5.9%
8	Professional & technical services	35	$4.4M	4.7%
9	Manufacturing	6	$4.4M	4.6%
10	Administrative & waste services	17	$4.3M	4.5%
11	Wholesale trade	9	$3.6M	3.8%
12	Arts, entertainment & recreation	18	$2.2M	2.3%
13	Agriculture, forestry & fishing	4	$2.2M	2.3%
14	Retail trade	19	$2.0M	2.1%
15	Transportation & warehousing	7	$1.9M	2.0%
16	Finance & insurance	3	$1.1M	1.2%
17	Manufacturing	13	$972K	1.0%
18	Real estate & leasing	5	$840K	0.9%
19	Educational services	7	$248K	0.3%
20	Information	1	$89K	0.1%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.