SBA 7(a) lenders in Brown, MN
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
20 institutions have SBA 7(a) loans on record in Brown, together $25.5M across 94 loans. Lincoln Savings Bank is the largest, with 20% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Lincoln Savings Bank | 1 | $5.0M | 19.6% | 0.00% |
| 2 | Bank Midwest | 7 | $4.2M | 16.3% | 0.00% |
| 3 | Farmers and Merchants State Bank of Springfield | 28 | $3.5M | 13.7% | 6.67% |
| 4 | GBank | 1 | $2.7M | 10.5% | 0.00% |
| 5 | Frandsen Bank and Trust | 13 | $1.8M | 7.2% | 0.00% |
| 6 | Old National Bank | 2 | $1.7M | 6.7% | 0.00% |
| 7 | United Prairie Bank | 17 | $1.4M | 5.3% | 0.00% |
| 8 | BankVista | 5 | $1.3M | 5.1% | 0.00% |
| 9 | Citizens Bank Minnesota | 1 | $1.2M | 4.7% | 0.00% |
| 10 | U.S. Bank, National Association | 3 | $511K | 2.0% | 0.00% |
| 11 | Wells Fargo Bank National Association | 2 | $471K | 1.8% | 0.00% |
| 12 | Alliance Bank | 2 | $436K | 1.7% | 0.00% |
| 13 | Minnstar Bank National Association | 1 | $325K | 1.3% | 0.00% |
| 14 | SouthPoint Financial CU | 2 | $274K | 1.1% | 0.00% |
| 15 | The Huntington National Bank | 2 | $258K | 1.0% | 0.00% |
| 16 | Community Bank Mankato | 3 | $215K | 0.8% | 0.00% |
| 17 | Independence Bank | 1 | $150K | 0.6% | 0.00% |
| 18 | Pioneer Bank | 1 | $73K | 0.3% | 0.00% |
| 19 | Sunrise Banks National Association | 1 | $50K | 0.2% | 0.00% |
| 20 | VelocitySBA, LLC | 1 | $15K | 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 | Wholesale trade | 9 | $6.9M | 27.1% |
| 2 | Transportation & warehousing | 11 | $6.4M | 25.0% |
| 3 | Accommodation & food services | 12 | $3.9M | 15.2% |
| 4 | Agriculture, forestry & fishing | 6 | $1.9M | 7.6% |
| 5 | Construction | 15 | $1.6M | 6.4% |
| 6 | Manufacturing | 4 | $686K | 2.7% |
| 7 | Health care & social assistance | 5 | $572K | 2.2% |
| 8 | Manufacturing | 2 | $571K | 2.2% |
| 9 | Manufacturing | 3 | $544K | 2.1% |
| 10 | Real estate & leasing | 3 | $536K | 2.1% |
| 11 | Other services | 8 | $451K | 1.8% |
| 12 | Information | 2 | $390K | 1.5% |
| 13 | Retail trade | 4 | $347K | 1.4% |
| 14 | Arts, entertainment & recreation | 5 | $343K | 1.3% |
| 15 | Retail trade | 2 | $204K | 0.8% |
| 16 | Finance & insurance | 1 | $70K | 0.3% |
| 17 | Professional & technical services | 1 | $55K | 0.2% |
| 18 | Administrative & waste services | 1 | $15K | 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.