Construction lenders in Dakota, MN

Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.

49 institutions have SBA 7(a) loans on record to this industry in Dakota, MN, together $70.8M across 283 loans. BankVista is the largest, with 14% of approvals.

Lenders

Rank	Lender	Loans	Approved	Share
1	BankVista	8	$10.0M	14.1%
2	Frandsen Bank and Trust	12	$9.3M	13.1%
3	Associated Bank National Association	14	$5.1M	7.2%
4	Village Bank	5	$4.9M	6.9%
5	21st Century Bank	9	$4.0M	5.6%
6	Alliance Bank	2	$3.9M	5.5%
7	U.S. Bank, National Association	80	$3.5M	5.0%
8	Wells Fargo Bank National Association	32	$3.5M	4.9%
9	Minnwest Bank	6	$2.1M	3.0%
10	Security Financial Bank	2	$1.9M	2.7%
11	Old National Bank	15	$1.9M	2.7%
12	Merchants Bank, National Association	9	$1.8M	2.6%
13	Highland Bank	5	$1.5M	2.1%
14	Northeast Bank	6	$1.5M	2.1%
15	First Resource Bank	4	$1.4M	2.0%
16	Scale Bank	2	$1.4M	1.9%
17	Choice Financial Group	4	$1.3M	1.8%
18	Platinum Bank	3	$1.3M	1.8%
19	Drake Bank	3	$1.2M	1.7%
20	Community Resource Bank	4	$1.2M	1.7%
21	The Huntington National Bank	12	$1.1M	1.5%
22	Voyager Bank	1	$1.0M	1.4%
23	United Midwest Savings Bank National Association	3	$604K	0.9%
24	First Farmers & Merchants Bank	2	$600K	0.8%
25	Mission Valley Bank	2	$561K	0.8%
26	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$500K	0.7%
27	Lakeview Bank	2	$396K	0.6%
28	Unity Bank	1	$350K	0.5%
29	Sunrise Banks National Association	2	$350K	0.5%
30	The State Bank of Faribault	5	$320K	0.5%
31	Vermillion State Bank	1	$265K	0.4%
32	Bridgewater Bank	1	$250K	0.4%
33	North American Banking Company	2	$200K	0.3%
34	Granite Bank	3	$159K	0.2%
35	Foresight Bank	1	$150K	0.2%
36	Lake Elmo Bank	1	$150K	0.2%
37	BMO Bank National Association	3	$150K	0.2%
38	Independence Bank	1	$150K	0.2%
39	VisionBank	1	$150K	0.2%
40	Citizens Bank Minnesota	2	$145K	0.2%
41	Newtek Bank, National Association	1	$125K	0.2%
42	Profinium Inc	1	$100K	0.1%
43	Community Bank Mankato	1	$100K	0.1%
44	Northeast Bank	1	$100K	0.1%
45	Nicolet National Bank	1	$100K	0.1%
46	Readycap Lending, LLC	2	$100K	0.1%
47	Capital One National Association	1	$50K	0.1%
48	First National Bank	1	$35K	0.0%
49	TruStone Financial CU	1	$30K	0.0%

See construction lenders nationally

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.