Retail trade lenders in Hennepin, MN

Approvals from SBA fiscal year 2008 onward. Source data as of 2026-09-30.

90 institutions have SBA 7(a) loans on record to this industry in Hennepin, MN, together $166.1M across 531 loans. U.S. Bank, National Association is the largest, with 12% of approvals.

Lenders

Rank	Lender	Loans	Approved	Share
1	U.S. Bank, National Association	73	$20.0M	12.1%
2	Wells Fargo Bank National Association	63	$14.5M	8.7%
3	Old National Bank	41	$10.9M	6.6%
4	Falcon National Bank	13	$5.8M	3.5%
5	Highland Bank	31	$5.7M	3.4%
6	BMO Bank National Association	14	$5.6M	3.4%
7	Choice Financial Group	14	$5.4M	3.2%
8	Associated Bank National Association	23	$5.3M	3.2%
9	Sunrise Banks National Association	28	$4.8M	2.9%
10	Park State Bank	1	$4.2M	2.5%
11	BankVista	10	$4.1M	2.5%
12	First Resource Bank	10	$4.1M	2.5%
13	Nicolet National Bank	10	$3.6M	2.1%
14	T Bank, National Association	1	$3.5M	2.1%
15	Bell Bank	5	$3.2M	2.0%
16	21st Century Bank	12	$3.2M	2.0%
17	UMB Bank, National Association	9	$3.2M	1.9%
18	Village Bank	8	$2.7M	1.7%
19	Byline Bank	3	$2.6M	1.6%
20	Celtic Bank Corporation	3	$2.4M	1.4%
21	Stearns Bank National Association	8	$2.4M	1.4%
22	Citizens State Bank	2	$2.4M	1.4%
23	The Bank of Elk River	4	$2.1M	1.3%
24	Northeast Bank	11	$2.1M	1.3%
25	Neighborhood National Bank	2	$2.0M	1.2%
26	HomeTown Bank	2	$2.0M	1.2%
27	Community Resource Bank	3	$1.9M	1.2%
28	Hiawatha National Bank	2	$1.9M	1.2%
29	Newtek Bank, National Association	3	$1.8M	1.1%
30	Shoreham Bank	1	$1.8M	1.1%
31	BankUnited, National Association	1	$1.8M	1.1%
32	CRF Small Business Loan Company, LLC	2	$1.7M	1.0%
33	The Huntington National Bank	7	$1.7M	1.0%
34	Alerus Financial, National Association	2	$1.4M	0.8%
35	Pioneer Bank	5	$1.3M	0.8%
36	Live Oak Banking Company	1	$1.2M	0.7%
37	Minnwest Bank	6	$1.1M	0.7%
38	African Development Center	4	$1.0M	0.6%
39	VisionBank	4	$995K	0.6%
40	First Bank of the Lake	1	$936K	0.6%
41	Granite Bank	8	$865K	0.5%
42	Kensington Bank	2	$807K	0.5%
43	Genesis Bank	2	$801K	0.5%
44	Citizens Independent Bank	2	$775K	0.5%
45	First Financial Bank	1	$770K	0.5%
46	Drake Bank	4	$755K	0.5%
47	Coulee Bank	3	$752K	0.5%
48	Woodlands National Bank	1	$738K	0.4%
49	Security Bank & Trust Company	3	$693K	0.4%
50	Compeer Financial, ACA	1	$675K	0.4%
51	Bravera Bank	2	$647K	0.4%
52	First Bank & Trust	1	$645K	0.4%
53	CorTrust Bank National Association	3	$640K	0.4%
54	Unity Bank	3	$612K	0.4%
55	Platinum Bank	2	$550K	0.3%
56	Newtek Small Business Finance, LLC	4	$520K	0.3%
57	Merchants Bank, National Association	3	$515K	0.3%
58	Aspire Bank	2	$500K	0.3%
59	Beacon Bank and Trust	1	$500K	0.3%
60	BayFirst National Bank	1	$449K	0.3%
61	SharePoint Credit Union	1	$390K	0.2%
62	Readycap Lending, LLC	2	$369K	0.2%
63	Northeast Bank	2	$300K	0.2%
64	Prime Security Bank	2	$275K	0.2%
65	Sentry Bank	2	$262K	0.2%
66	Gateway Bank	1	$230K	0.1%
67	BankCherokee	2	$207K	0.1%
68	Pathward National Association	1	$204K	0.1%
69	MidCountry Bank	2	$191K	0.1%
70	Frandsen Bank and Trust	1	$183K	0.1%
71	Voyager Bank	1	$156K	0.1%
72	JPMorgan Chase Bank, National Association	1	$150K	0.1%
73	Alliance Bank	1	$150K	0.1%
74	Independence Bank	1	$150K	0.1%
75	Americana Community Bank	1	$128K	0.1%
76	Luminate Bank	1	$125K	0.1%
77	BANKWEST	1	$125K	0.1%
78	United Midwest Savings Bank National Association	1	$125K	0.1%
79	Bridgewater Bank	2	$121K	0.1%
80	Crown Bank	1	$120K	0.1%
81	Harvest Bank	1	$100K	0.1%
82	Lake Elmo Bank	1	$100K	0.1%
83	Neighborhood Development Center	1	$100K	0.1%
84	Scale Bank	1	$50K	0.0%
85	VelocitySBA, LLC	3	$45K	0.0%
86	Deerwood Bank	1	$37K	0.0%
87	Union Bank and Trust Company	1	$35K	0.0%
88	Bank of Hope	1	$25K	0.0%
89	Magnifi Financial CU	1	$15K	0.0%
90	TruStone Financial CU	1	$12K	0.0%

See retail 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.