Other services lenders in Scott, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
27 institutions have SBA 7(a) loans on record to this industry in Scott, MN, together $17.1M across 82 loans. Minnwest Bank is the largest, with 24% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Minnwest Bank | 4 | $4.2M | 24.4% |
| 2 | Old National Bank | 14 | $2.1M | 12.4% |
| 3 | The Huntington National Bank | 5 | $1.5M | 9.1% |
| 4 | First Bank & Trust | 4 | $1.3M | 7.7% |
| 5 | Wells Fargo Bank National Association | 6 | $1.0M | 5.9% |
| 6 | U.S. Bank, National Association | 15 | $848K | 5.0% |
| 7 | Frandsen Bank and Trust | 4 | $801K | 4.7% |
| 8 | Granite Bank | 1 | $724K | 4.2% |
| 9 | Live Oak Banking Company | 1 | $680K | 4.0% |
| 10 | BankVista | 2 | $522K | 3.1% |
| 11 | Associated Bank National Association | 6 | $514K | 3.0% |
| 12 | Bank of America, National Association | 1 | $436K | 2.6% |
| 13 | Arcadian Bank | 1 | $350K | 2.1% |
| 14 | New Market Bank | 4 | $335K | 2.0% |
| 15 | Prime Security Bank | 2 | $315K | 1.8% |
| 16 | Citizens State Bank | 1 | $271K | 1.6% |
| 17 | UMB Bank, National Association | 1 | $269K | 1.6% |
| 18 | 21st Century Bank | 1 | $150K | 0.9% |
| 19 | Northeast Bank | 1 | $150K | 0.9% |
| 20 | Choice Financial Group | 1 | $140K | 0.8% |
| 21 | Bell Bank | 1 | $140K | 0.8% |
| 22 | Drake Bank | 1 | $110K | 0.6% |
| 23 | Citizens Bank Minnesota | 1 | $50K | 0.3% |
| 24 | Merchants Bank, National Association | 1 | $50K | 0.3% |
| 25 | Deerwood Bank | 1 | $35K | 0.2% |
| 26 | The State Bank of Faribault | 1 | $25K | 0.1% |
| 27 | VelocitySBA, LLC | 1 | $8K | 0.0% |
See other 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.