Manufacturing lenders in Rice, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
5 institutions have SBA 7(a) loans on record to this industry in Rice, MN, together $7.8M across 13 loans. Highland Bank is the largest, with 59% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Highland Bank | 5 | $4.5M | 58.6% |
| 2 | Frandsen Bank and Trust | 4 | $1.5M | 19.4% |
| 3 | Old National Bank | 1 | $1.3M | 17.3% |
| 4 | Community Bank Owatonna | 2 | $320K | 4.1% |
| 5 | The State Bank of Faribault | 1 | $40K | 0.5% |
See manufacturing 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.