Accommodation & food services lenders in Olmsted, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
23 institutions have SBA 7(a) loans on record to this industry in Olmsted, MN, together $21.0M across 43 loans. Alerus Financial, National Association is the largest, with 28% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Alerus Financial, National Association | 7 | $6.0M | 28.3% |
| 2 | Baraboo State Bank | 1 | $2.0M | 9.5% |
| 3 | Voyager Bank | 1 | $1.8M | 8.6% |
| 4 | Wells Fargo Bank National Association | 1 | $1.7M | 8.1% |
| 5 | Eagle Rock Bank | 5 | $1.6M | 7.7% |
| 6 | Coulee Bank | 4 | $1.4M | 6.6% |
| 7 | Old National Bank | 4 | $1.1M | 5.3% |
| 8 | The First National Bank in Sioux Falls | 2 | $850K | 4.0% |
| 9 | Foresight Bank | 3 | $815K | 3.9% |
| 10 | Merchants Bank, National Association | 2 | $744K | 3.5% |
| 11 | Platinum Bank | 1 | $486K | 2.3% |
| 12 | The Huntington National Bank | 1 | $453K | 2.2% |
| 13 | Peoples State Bank of Plainview | 1 | $350K | 1.7% |
| 14 | Minnwest Bank | 1 | $350K | 1.7% |
| 15 | Stearns Bank National Association | 1 | $345K | 1.6% |
| 16 | Think Mutual Bank | 1 | $250K | 1.2% |
| 17 | State Bank Financial | 1 | $248K | 1.2% |
| 18 | Premier Bank | 1 | $200K | 1.0% |
| 19 | First Alliance Credit Union | 1 | $101K | 0.5% |
| 20 | Altra Federal Credit Union | 1 | $94K | 0.4% |
| 21 | Forward Bank | 1 | $70K | 0.3% |
| 22 | Premier Bank Minnesota | 1 | $60K | 0.3% |
| 23 | U.S. Bank, National Association | 1 | $25K | 0.1% |
See accommodation & food 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.