Finance & insurance lenders in Hennepin, MN

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

53 institutions have SBA 7(a) loans on record to this industry in Hennepin, MN, together $85.4M across 201 loans. Live Oak Banking Company is the largest, with 26% of approvals.

Lenders

Rank	Lender	Loans	Approved	Share
1	Live Oak Banking Company	21	$22.1M	25.9%
2	Choice Financial Group	17	$14.3M	16.7%
3	U.S. Bank, National Association	43	$4.9M	5.7%
4	BankVista	3	$4.3M	5.0%
5	North American Banking Company	2	$4.0M	4.7%
6	Wells Fargo Bank National Association	11	$3.6M	4.2%
7	Byline Bank	4	$2.9M	3.4%
8	Old National Bank	10	$2.7M	3.2%
9	Capital Bank, National Association	1	$2.6M	3.0%
10	Newtek Bank, National Association	1	$2.0M	2.3%
11	The Huntington National Bank	3	$1.9M	2.3%
12	First State Bank Nebraska	3	$1.7M	2.0%
13	Pathward National Association	1	$1.5M	1.8%
14	Tradition Capital Bank	1	$1.4M	1.6%
15	Alerus Financial, National Association	1	$1.2M	1.4%
16	Bell Bank	9	$1.2M	1.3%
17	Stearns Bank National Association	2	$1.1M	1.2%
18	Platinum Bank	3	$910K	1.1%
19	UMB Bank, National Association	2	$835K	1.0%
20	Bank of America, National Association	1	$818K	1.0%
21	21st Century Bank	6	$765K	0.9%
22	Americana Community Bank	1	$747K	0.9%
23	Sunrise Banks National Association	3	$695K	0.8%
24	Hanover Community Bank	1	$593K	0.7%
25	Highland Bank	10	$577K	0.7%
26	United Midwest Savings Bank National Association	1	$534K	0.6%
27	Gateway Bank	1	$500K	0.6%
28	JPMorgan Chase Bank, National Association	1	$475K	0.6%
29	Village Bank	1	$458K	0.5%
30	Falcon National Bank	2	$442K	0.5%
31	Minnwest Bank	3	$436K	0.5%
32	Bridgewater Bank	1	$350K	0.4%
33	Harvest Small Business Finance, LLC	1	$285K	0.3%
34	BayFirst National Bank	2	$267K	0.3%
35	Minnstar Bank National Association	1	$250K	0.3%
36	Magnifi Financial CU	2	$250K	0.3%
37	The Bank of Elk River	2	$220K	0.3%
38	Peoples Bank of Commerce	1	$207K	0.2%
39	Frandsen Bank and Trust	1	$200K	0.2%
40	Northeast Bank	1	$200K	0.2%
41	Premier Bank	2	$160K	0.2%
42	Associated Bank National Association	4	$155K	0.2%
43	First Merchants Bank	1	$150K	0.2%
44	Luminate Bank	1	$150K	0.2%
45	Woodlands National Bank	2	$100K	0.1%
46	The State Bank of Faribault	2	$100K	0.1%
47	Scale Bank	2	$75K	0.1%
48	TruStone Financial CU	1	$75K	0.1%
49	BMO Bank National Association	1	$50K	0.1%
50	VisionBank	1	$50K	0.1%
51	Welcome State Bank	1	$42K	0.0%
52	Capital One National Association	1	$35K	0.0%
53	MY CU	1	$30K	0.0%

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.