Wholesale trade lenders in Pennington, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
4 institutions have SBA 7(a) loans on record to this industry in Pennington, MN, together $6.7M across 10 loans. Ultima Bank Minnesota is the largest, with 61% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Ultima Bank Minnesota | 3 | $4.1M | 60.8% |
| 2 | Wells Fargo Bank National Association | 2 | $1.7M | 25.2% |
| 3 | Northern State Bank of Thief River Falls | 1 | $650K | 9.7% |
| 4 | Border Bank | 4 | $282K | 4.2% |
See wholesale 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.