Accommodation & food services lenders in Scott, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
28 institutions have SBA 7(a) loans on record to this industry in Scott, MN, together $22.5M across 45 loans. Alerus Financial, National Association is the largest, with 30% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Alerus Financial, National Association | 2 | $6.9M | 30.5% |
| 2 | Enterprise Bank & Trust | 1 | $1.9M | 8.3% |
| 3 | Choice Financial Group | 2 | $1.6M | 7.3% |
| 4 | Celtic Bank Corporation | 1 | $1.3M | 6.0% |
| 5 | HomeTown Bank | 1 | $1.2M | 5.3% |
| 6 | Minnwest Bank | 4 | $1.2M | 5.1% |
| 7 | BankVista | 5 | $938K | 4.2% |
| 8 | Old National Bank | 3 | $807K | 3.6% |
| 9 | Stearns Bank National Association | 1 | $720K | 3.2% |
| 10 | Associated Bank National Association | 2 | $618K | 2.7% |
| 11 | Scale Bank | 1 | $558K | 2.5% |
| 12 | New Market Bank | 1 | $557K | 2.5% |
| 13 | United Prairie Bank | 1 | $460K | 2.0% |
| 14 | Customers Bank | 1 | $448K | 2.0% |
| 15 | Nicolet National Bank | 1 | $425K | 1.9% |
| 16 | Platinum Bank | 1 | $425K | 1.9% |
| 17 | Newtek Small Business Finance, Inc. | 1 | $400K | 1.8% |
| 18 | Byline Bank | 1 | $385K | 1.7% |
| 19 | Merchants Bank, National Association | 1 | $350K | 1.6% |
| 20 | The Huntington National Bank | 3 | $310K | 1.4% |
| 21 | Drake Bank | 1 | $294K | 1.3% |
| 22 | Sunrise Banks National Association | 1 | $195K | 0.9% |
| 23 | Eagle Rock Bank | 1 | $138K | 0.6% |
| 24 | The State Bank of Faribault | 1 | $125K | 0.6% |
| 25 | BMO Bank National Association | 1 | $108K | 0.5% |
| 26 | U.S. Bank, National Association | 3 | $105K | 0.5% |
| 27 | Wells Fargo Bank National Association | 2 | $46K | 0.2% |
| 28 | Frandsen Bank and Trust | 1 | $45K | 0.2% |
See accommodation & food services 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.