Accommodation & food services lenders in Dakota, MN

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

62 institutions have SBA 7(a) loans on record to this industry in Dakota, MN, together $74.4M across 169 loans. Village Bank is the largest, with 14% of approvals.

Lenders

Rank	Lender	Loans	Approved	Share
1	Village Bank	4	$10.3M	13.9%
2	Old National Bank	14	$7.1M	9.5%
3	GBank	1	$4.1M	5.6%
4	Enterprise Bank & Trust	3	$3.9M	5.3%
5	PromiseOne Bank	1	$3.5M	4.6%
6	Sunrise Banks National Association	13	$3.2M	4.3%
7	Byline Bank	2	$2.9M	4.0%
8	First National Bank	6	$2.3M	3.0%
9	Thrivent Bank	2	$2.3M	3.0%
10	BankVista	8	$2.1M	2.9%
11	U.S. Bank, National Association	22	$2.0M	2.7%
12	United FCU	1	$1.8M	2.5%
13	Highland Bank	8	$1.7M	2.2%
14	Hiawatha National Bank	2	$1.6M	2.2%
15	Stearns Bank National Association	2	$1.6M	2.1%
16	First Bank & Trust	2	$1.4M	1.9%
17	Fifth Third Bank	1	$1.4M	1.8%
18	Vermillion State Bank	3	$1.3M	1.8%
19	First Resource Bank	2	$1.3M	1.8%
20	Alerus Financial, National Association	1	$1.3M	1.8%
21	First National Bank of Pennsylvania	1	$1.1M	1.5%
22	Frandsen Bank and Trust	6	$1.1M	1.5%
23	Merchants Bank, National Association	3	$1.1M	1.5%
24	Bell Bank	2	$1.1M	1.5%
25	The First State Bank of Red Wing	1	$994K	1.3%
26	Happen Bank	1	$757K	1.0%
27	Woodlands National Bank	1	$725K	1.0%
28	Choice Financial Group	2	$709K	1.0%
29	Newtek Small Business Finance, Inc.	1	$700K	0.9%
30	The First State Bank of Rosemount	2	$620K	0.8%
31	BankCherokee	2	$600K	0.8%
32	Granite Bank	4	$536K	0.7%
33	National Cooperative Bank, National Association	1	$535K	0.7%
34	KeyBank National Association	2	$430K	0.6%
35	Coulee Bank	1	$400K	0.5%
36	Nicolet National Bank	2	$394K	0.5%
37	Wells Fargo Bank National Association	6	$382K	0.5%
38	TruStone Financial CU	2	$325K	0.4%
39	Drake Bank	2	$325K	0.4%
40	The State Bank of Faribault	1	$300K	0.4%
41	Newtek Bank, National Association	2	$300K	0.4%
42	The Huntington National Bank	4	$296K	0.4%
43	Minnwest Bank	1	$290K	0.4%
44	BMO Bank National Association	1	$266K	0.4%
45	Premier Bank	1	$262K	0.4%
46	Citizens State Bank	2	$250K	0.3%
47	Harvest Small Business Finance, LLC	1	$247K	0.3%
48	Centerstone SBA Lending, Inc.	1	$234K	0.3%
49	African Development Center	1	$231K	0.3%
50	Citizens Bank Minnesota	1	$228K	0.3%
51	Minnstar Bank National Association	1	$200K	0.3%
52	Think Mutual Bank	2	$175K	0.2%
53	United Prairie Bank	1	$150K	0.2%
54	Bank Five Nine	1	$150K	0.2%
55	Platinum Bank	1	$150K	0.2%
56	Gateway Bank	1	$130K	0.2%
57	Celtic Bank Corporation	1	$125K	0.2%
58	Lakeview Bank	1	$112K	0.2%
59	Associated Bank National Association	1	$109K	0.1%
60	Alliance Bank	1	$103K	0.1%
61	Northeast Bank	1	$60K	0.1%
62	Community Bank Owatonna	1	$40K	0.1%

See accommodation & food services 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.