Information lenders in Dakota, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
14 institutions have SBA 7(a) loans on record to this industry in Dakota, MN, together $7.4M across 32 loans. Minnwest Bank is the largest, with 54% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Minnwest Bank | 1 | $4.0M | 53.7% |
| 2 | Choice Financial Group | 2 | $1.0M | 13.8% |
| 3 | Frandsen Bank and Trust | 2 | $875K | 11.8% |
| 4 | Old National Bank | 3 | $605K | 8.1% |
| 5 | U.S. Bank, National Association | 11 | $277K | 3.7% |
| 6 | VisionBank | 2 | $188K | 2.5% |
| 7 | Scale Bank | 2 | $150K | 2.0% |
| 8 | Celtic Bank Corporation | 1 | $100K | 1.3% |
| 9 | 21st Century Bank | 1 | $85K | 1.1% |
| 10 | Prime Security Bank | 1 | $45K | 0.6% |
| 11 | Wells Fargo Bank National Association | 3 | $40K | 0.5% |
| 12 | Associated Bank National Association | 1 | $25K | 0.3% |
| 13 | First National Bank | 1 | $20K | 0.3% |
| 14 | VelocitySBA, LLC | 1 | $10K | 0.1% |
See information 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.