Construction lenders in Hennepin, MN

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

82 institutions have SBA 7(a) loans on record to this industry in Hennepin, MN, together $252.6M across 841 loans. Old National Bank is the largest, with 13% of approvals.

Lenders

Rank	Lender	Loans	Approved	Share
1	Old National Bank	54	$33.2M	13.1%
2	U.S. Bank, National Association	216	$16.7M	6.6%
3	BankVista	24	$16.6M	6.6%
4	Wells Fargo Bank National Association	69	$15.2M	6.0%
5	Platinum Bank	24	$14.1M	5.6%
6	Choice Financial Group	37	$13.4M	5.3%
7	21st Century Bank	41	$12.5M	5.0%
8	The Huntington National Bank	40	$11.2M	4.4%
9	Newtek Small Business Finance, Inc.	4	$8.9M	3.5%
10	Pathward National Association	4	$7.0M	2.8%
11	First Bank & Trust	6	$6.3M	2.5%
12	Falcon National Bank	7	$5.8M	2.3%
13	Alerus Financial, National Association	5	$4.8M	1.9%
14	Luminate Bank	2	$4.7M	1.9%
15	Highland Bank	28	$4.7M	1.8%
16	Village Bank	8	$4.5M	1.8%
17	Bell Bank	16	$4.4M	1.7%
18	Granite Bank	24	$4.2M	1.6%
19	Citizens Independent Bank	1	$3.8M	1.5%
20	Minnwest Bank	8	$3.6M	1.4%
21	Associated Bank National Association	27	$3.6M	1.4%
22	Merchants Bank, National Association	7	$3.3M	1.3%
23	Sunrise Banks National Association	16	$3.1M	1.2%
24	First Resource Bank	7	$3.0M	1.2%
25	Frandsen Bank and Trust	5	$2.9M	1.2%
26	Bravera Bank	10	$2.5M	1.0%
27	Tradition Capital Bank	2	$2.4M	0.9%
28	Scale Bank	10	$2.1M	0.8%
29	Byline Bank	1	$2.0M	0.8%
30	Nicolet National Bank	9	$1.9M	0.8%
31	First National Bank of Omaha	1	$1.8M	0.7%
32	The Bank of Elk River	3	$1.6M	0.7%
33	Northeast Bank	3	$1.5M	0.6%
34	Hiawatha National Bank	4	$1.4M	0.5%
35	Stearns Bank National Association	2	$1.3M	0.5%
36	MidCountry Bank	4	$1.2M	0.5%
37	Bridgewater Bank	2	$1.2M	0.5%
38	BayFirst National Bank	7	$1.2M	0.5%
39	Woodlands National Bank	7	$1.1M	0.4%
40	Readycap Lending, LLC	7	$1.1M	0.4%
41	Northeast Bank	6	$1.0M	0.4%
42	1st Financial Bank USA	1	$1.0M	0.4%
43	First National Bank Minnesota	1	$1.0M	0.4%
44	United Midwest Savings Bank National Association	7	$975K	0.4%
45	Security Bank & Trust Company	1	$950K	0.4%
46	BankCherokee	4	$945K	0.4%
47	EntreBank	2	$818K	0.3%
48	Drake Bank	4	$800K	0.3%
49	Enterprise Bank & Trust	1	$781K	0.3%
50	Farmers and Merchants Savings Bank	1	$700K	0.3%
51	VisionBank	4	$693K	0.3%
52	First National Community Bank	1	$585K	0.2%
53	Voyager Bank	3	$450K	0.2%
54	Citizens Bank	1	$384K	0.2%
55	Pioneer Bank	1	$375K	0.1%
56	BMO Bank National Association	5	$365K	0.1%
57	Summit Community Bank	1	$350K	0.1%
58	Unity Bank	1	$300K	0.1%
59	Grove Bank	1	$300K	0.1%
60	Crown Bank	1	$300K	0.1%
61	Magnifi Financial CU	1	$300K	0.1%
62	Citizens Alliance Bank	2	$275K	0.1%
63	Celtic Bank Corporation	2	$261K	0.1%
64	Newtek Bank, National Association	2	$250K	0.1%
65	Metropolitan Economic Development Association	2	$250K	0.1%
66	Capital One National Association	3	$225K	0.1%
67	First Internet Bank of Indiana	1	$210K	0.1%
68	CRF Small Business Loan Company, LLC	1	$207K	0.1%
69	Gateway Bank	6	$183K	0.1%
70	Premier Bank	2	$175K	0.1%
71	Kensington Bank	1	$150K	0.1%
72	CorTrust Bank National Association	2	$150K	0.1%
73	Union Bank and Trust Company	1	$150K	0.1%
74	BANKWEST	2	$142K	0.1%
75	First Bank Elk River	1	$100K	0.0%
76	The First National Bank of River Falls	1	$100K	0.0%
77	Citizens Bank Minnesota	2	$100K	0.0%
78	Sentry Bank	1	$100K	0.0%
79	MY CU	2	$84K	0.0%
80	UMB Bank, National Association	2	$80K	0.0%
81	VelocitySBA, LLC	4	$58K	0.0%
82	Center National Bank	1	$50K	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.