Finance & insurance lenders in Dakota, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
21 institutions have SBA 7(a) loans on record to this industry in Dakota, MN, together $11.8M across 43 loans. U.S. Bank, National Association is the largest, with 17% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 13 | $2.0M | 17.1% |
| 2 | Choice Financial Group | 1 | $1.5M | 12.7% |
| 3 | First Bank of Central Ohio | 1 | $1.5M | 12.6% |
| 4 | Wells Fargo Bank National Association | 3 | $1.4M | 11.8% |
| 5 | First Community Bank | 1 | $1.2M | 10.0% |
| 6 | Old National Bank | 3 | $1.0M | 8.7% |
| 7 | Byline Bank | 1 | $725K | 6.1% |
| 8 | Highland Bank | 3 | $518K | 4.4% |
| 9 | Platinum Bank | 1 | $500K | 4.2% |
| 10 | First Resource Bank | 2 | $250K | 2.1% |
| 11 | Merchants Bank, National Association | 3 | $245K | 2.1% |
| 12 | Bridgewater Bank | 1 | $234K | 2.0% |
| 13 | Community Resource Bank | 1 | $150K | 1.3% |
| 14 | Capital Bank, National Association | 1 | $130K | 1.1% |
| 15 | BayFirst National Bank | 1 | $105K | 0.9% |
| 16 | The State Bank of Faribault | 1 | $75K | 0.6% |
| 17 | Associated Bank National Association | 2 | $75K | 0.6% |
| 18 | Hiawatha National Bank | 1 | $63K | 0.5% |
| 19 | Frandsen Bank and Trust | 1 | $60K | 0.5% |
| 20 | Celtic Bank Corporation | 1 | $50K | 0.4% |
| 21 | North American Banking Company | 1 | $20K | 0.2% |
See finance & insurance 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.