Health care & social assistance lenders in Otter Tail, 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 Otter Tail, MN, together $4.2M across 17 loans. Live Oak Banking Company is the largest, with 34% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 3 | $1.4M | 34.4% |
| 2 | Ultima Bank Minnesota | 1 | $720K | 17.3% |
| 3 | Magnifi Financial CU | 1 | $579K | 13.9% |
| 4 | BMO Bank National Association | 1 | $423K | 10.2% |
| 5 | Wells Fargo Bank National Association | 3 | $402K | 9.7% |
| 6 | Highland Bank | 2 | $206K | 5.0% |
| 7 | American Heritage National Bank | 1 | $145K | 3.5% |
| 8 | Stearns Bank National Association | 1 | $106K | 2.6% |
| 9 | United Community Bank | 3 | $75K | 1.8% |
| 10 | My Kind of Bank National Association | 1 | $71K | 1.7% |
See health care & social assistance 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.