Professional & technical services lenders in Olmsted, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
10 institutions have SBA 7(a) loans on record to this industry in Olmsted, MN, together $2.5M across 25 loans. Alerus Financial, National Association is the largest, with 30% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Alerus Financial, National Association | 2 | $740K | 29.7% |
| 2 | Wells Fargo Bank National Association | 5 | $508K | 20.3% |
| 3 | Minnwest Bank | 2 | $400K | 16.0% |
| 4 | First Security Bank | 1 | $220K | 8.8% |
| 5 | Associated Bank National Association | 3 | $185K | 7.4% |
| 6 | Think Mutual Bank | 2 | $150K | 6.0% |
| 7 | Old National Bank | 2 | $143K | 5.7% |
| 8 | Premier Bank Minnesota | 1 | $65K | 2.6% |
| 9 | U.S. Bank, National Association | 5 | $55K | 2.2% |
| 10 | VelocitySBA, LLC | 2 | $30K | 1.2% |
See professional & technical services 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.