Wholesale trade lenders in Hennepin, MN

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

70 institutions have SBA 7(a) loans on record to this industry in Hennepin, MN, together $262.6M across 484 loans. Platinum Bank is the largest, with 25% of approvals.

Lenders

Rank	Lender	Loans	Approved	Share
1	Platinum Bank	28	$65.5M	24.9%
2	Choice Financial Group	33	$30.1M	11.5%
3	Old National Bank	39	$23.5M	8.9%
4	Wells Fargo Bank National Association	65	$21.0M	8.0%
5	BMO Bank National Association	8	$11.0M	4.2%
6	21st Century Bank	18	$9.7M	3.7%
7	Highland Bank	20	$9.4M	3.6%
8	U.S. Bank, National Association	55	$9.2M	3.5%
9	Scale Bank	14	$6.1M	2.3%
10	Byline Bank	2	$5.4M	2.1%
11	Centerstone SBA Lending, Inc.	1	$5.0M	1.9%
12	Associated Bank National Association	23	$4.6M	1.8%
13	Granite Bank	6	$3.9M	1.5%
14	Bell Bank	11	$3.7M	1.4%
15	Alerus Financial, National Association	8	$3.6M	1.4%
16	Alliance Bank	1	$3.5M	1.3%
17	Citizens State Bank	3	$3.3M	1.3%
18	Frandsen Bank and Trust	6	$3.0M	1.1%
19	BankVista	6	$2.7M	1.0%
20	Nicolet National Bank	4	$2.7M	1.0%
21	Northeast Bank	3	$2.1M	0.8%
22	Sunrise Banks National Association	11	$2.0M	0.8%
23	Falcon National Bank	1	$2.0M	0.7%
24	First Resource Bank	3	$1.8M	0.7%
25	Minnwest Bank	4	$1.7M	0.7%
26	First American Bank	1	$1.7M	0.6%
27	The Huntington National Bank	13	$1.6M	0.6%
28	Sentry Bank	3	$1.6M	0.6%
29	Live Oak Banking Company	2	$1.6M	0.6%
30	UMB Bank, National Association	7	$1.5M	0.6%
31	BankUnited, National Association	1	$1.5M	0.6%
32	Community Resource Bank	2	$1.4M	0.5%
33	VisionBank	6	$1.1M	0.4%
34	Newtek Bank, National Association	2	$950K	0.4%
35	BayFirst National Bank	5	$950K	0.4%
36	Celtic Bank Corporation	4	$876K	0.3%
37	Bridgewater Bank	4	$822K	0.3%
38	Security Bank & Trust Company	3	$820K	0.3%
39	CorTrust Bank National Association	4	$750K	0.3%
40	Pioneer Bank	3	$600K	0.2%
41	North American Banking Company	2	$600K	0.2%
42	Northeast Bank	2	$550K	0.2%
43	Minnesota Lakes Bank	2	$550K	0.2%
44	CCFBank National Association	1	$500K	0.2%
45	Citizens Bank	1	$498K	0.2%
46	Bravera Bank	4	$494K	0.2%
47	Premier Bank	5	$465K	0.2%
48	First Bank & Trust	2	$450K	0.2%
49	Unity Bank	3	$450K	0.2%
50	BankCherokee	3	$400K	0.2%
51	Farmers and Merchants Savings Bank	1	$400K	0.2%
52	Seacoast National Bank	1	$350K	0.1%
53	First Bank Elk River	3	$320K	0.1%
54	Aspire Bank	1	$250K	0.1%
55	Voyager Bank	1	$250K	0.1%
56	Magnifi Financial CU	2	$217K	0.1%
57	Newtek Small Business Finance, Inc.	1	$206K	0.1%
58	Woodlands National Bank	1	$200K	0.1%
59	Profinium Inc	1	$200K	0.1%
60	Farmers State Bank of Hamel	1	$200K	0.1%
61	Drake Bank	1	$200K	0.1%
62	Affinity Plus FCU	4	$195K	0.1%
63	Merchants Bank, National Association	1	$175K	0.1%
64	Hiawatha National Bank	1	$150K	0.1%
65	Neighborhood Development Center	1	$100K	0.0%
66	Summit CU	1	$63K	0.0%
67	JPMorgan Chase Bank, National Association	1	$60K	0.0%
68	Capital One National Association	1	$50K	0.0%
69	First Western Bank & Trust	1	$50K	0.0%
70	VelocitySBA, LLC	1	$13K	0.0%

See wholesale trade 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.