Retail trade lenders in Otter Tail, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
14 institutions have SBA 7(a) loans on record to this industry in Otter Tail, MN, together $13.0M across 45 loans. My Kind of Bank National Association is the largest, with 18% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | My Kind of Bank National Association | 16 | $2.3M | 17.5% |
| 2 | Heritage Bank, National Association | 2 | $2.3M | 17.3% |
| 3 | Deerwood Bank | 1 | $2.0M | 15.2% |
| 4 | United Community Bank | 8 | $1.4M | 10.7% |
| 5 | Magnifi Financial CU | 2 | $1.3M | 10.0% |
| 6 | Farmers State Bank of Underwood | 2 | $1.2M | 9.1% |
| 7 | Farmers and Merchants State Bank of New York Mills Incorporated | 2 | $540K | 4.2% |
| 8 | Bell Bank | 2 | $536K | 4.1% |
| 9 | Old National Bank | 3 | $519K | 4.0% |
| 10 | Wadena State Bank | 2 | $400K | 3.1% |
| 11 | American Federal Bank | 2 | $390K | 3.0% |
| 12 | Dakota Business Lending | 1 | $106K | 0.8% |
| 13 | Celtic Bank Corporation | 1 | $96K | 0.7% |
| 14 | BankVista | 1 | $25K | 0.2% |
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.