Construction lenders in Kandiyohi, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
11 institutions have SBA 7(a) loans on record to this industry in Kandiyohi, MN, together $13.0M across 37 loans. Kensington Bank is the largest, with 44% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Kensington Bank | 3 | $5.6M | 43.6% |
| 2 | Lake Region Bank | 11 | $2.2M | 17.1% |
| 3 | United Minnesota Bank | 8 | $1.6M | 12.5% |
| 4 | United Prairie Bank | 4 | $1.4M | 10.6% |
| 5 | Heritage Bank, National Association | 1 | $1.0M | 7.7% |
| 6 | The Bank of Elk River | 2 | $650K | 5.0% |
| 7 | Magnifi Financial CU | 2 | $200K | 1.5% |
| 8 | Wells Fargo Bank National Association | 3 | $113K | 0.9% |
| 9 | Home State Bank | 1 | $100K | 0.8% |
| 10 | U.S. Bank, National Association | 1 | $25K | 0.2% |
| 11 | VelocitySBA, LLC | 1 | $15K | 0.1% |
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.