Wholesale trade lenders in Scott, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
15 institutions have SBA 7(a) loans on record to this industry in Scott, MN, together $25.6M across 48 loans. Choice Financial Group is the largest, with 24% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Choice Financial Group | 7 | $6.1M | 23.6% |
| 2 | Old National Bank | 12 | $4.6M | 18.0% |
| 3 | Scale Bank | 4 | $2.6M | 10.3% |
| 4 | Platinum Bank | 2 | $2.6M | 10.1% |
| 5 | Frandsen Bank and Trust | 1 | $1.6M | 6.3% |
| 6 | Minnwest Bank | 5 | $1.6M | 6.2% |
| 7 | U.S. Bank, National Association | 3 | $1.6M | 6.2% |
| 8 | Lakeview Bank | 1 | $1.2M | 4.7% |
| 9 | Nicolet National Bank | 1 | $998K | 3.9% |
| 10 | Readycap Lending, LLC | 1 | $800K | 3.1% |
| 11 | Newtek Bank, National Association | 1 | $750K | 2.9% |
| 12 | Wells Fargo Bank National Association | 6 | $569K | 2.2% |
| 13 | BayFirst National Bank | 1 | $300K | 1.2% |
| 14 | New Market Bank | 2 | $279K | 1.1% |
| 15 | BMO Bank National Association | 1 | $24K | 0.1% |
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.