Construction lenders in Saint Louis, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
21 institutions have SBA 7(a) loans on record to this industry in Saint Louis, MN, together $21.5M across 105 loans. Wells Fargo Bank National Association is the largest, with 18% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 10 | $3.9M | 18.1% |
| 2 | North Shore Bank of Commerce | 6 | $3.0M | 14.0% |
| 3 | Security State Bank of Hibbing | 2 | $2.5M | 11.8% |
| 4 | Alerus Financial, National Association | 3 | $2.1M | 9.7% |
| 5 | Frandsen Bank and Trust | 8 | $1.9M | 8.8% |
| 6 | Park State Bank | 8 | $1.3M | 6.1% |
| 7 | Members Cooperative Credit Union | 3 | $1.0M | 4.7% |
| 8 | U.S. Bank, National Association | 31 | $875K | 4.1% |
| 9 | Northeast Entrepreneur Fund, Inc. | 10 | $756K | 3.5% |
| 10 | National Bank of Commerce | 5 | $718K | 3.3% |
| 11 | Centerstone SBA Lending, Inc. | 1 | $620K | 2.9% |
| 12 | Newtek Small Business Finance, Inc. | 2 | $602K | 2.8% |
| 13 | B2 Bank National Association | 6 | $456K | 2.1% |
| 14 | Newtek Bank, National Association | 1 | $325K | 1.5% |
| 15 | Lendistry SBLC, LLC | 1 | $288K | 1.3% |
| 16 | The First National Bank of Gilbert | 1 | $275K | 1.3% |
| 17 | Associated Bank National Association | 1 | $200K | 0.9% |
| 18 | Old National Bank | 1 | $190K | 0.9% |
| 19 | Woodlands National Bank | 3 | $165K | 0.8% |
| 20 | BayFirst National Bank | 1 | $150K | 0.7% |
| 21 | First Resource Bank | 1 | $150K | 0.7% |
See construction 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.