Manufacturing lenders in Sherburne, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
26 institutions have SBA 7(a) loans on record to this industry in Sherburne, MN, together $35.9M across 63 loans. The Bank of Elk River is the largest, with 23% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | The Bank of Elk River | 6 | $8.1M | 22.5% |
| 2 | Byline Bank | 3 | $5.5M | 15.3% |
| 3 | U.S. Bank, National Association | 9 | $3.2M | 8.9% |
| 4 | Minnesota Lakes Bank | 2 | $2.5M | 7.0% |
| 5 | Village Bank | 1 | $2.2M | 6.2% |
| 6 | Woodlands National Bank | 2 | $1.8M | 5.0% |
| 7 | Sherburne State Bank | 2 | $1.5M | 4.2% |
| 8 | BMO Bank National Association | 1 | $1.5M | 4.2% |
| 9 | Wells Fargo Bank National Association | 5 | $1.3M | 3.7% |
| 10 | Sentry Bank | 6 | $1.1M | 3.0% |
| 11 | BankVista | 4 | $979K | 2.7% |
| 12 | Stearns Bank National Association | 3 | $902K | 2.5% |
| 13 | Bell Bank | 2 | $801K | 2.2% |
| 14 | First Bank & Trust | 1 | $736K | 2.0% |
| 15 | Alerus Financial, National Association | 1 | $500K | 1.4% |
| 16 | Unity Bank | 1 | $500K | 1.4% |
| 17 | Scale Bank | 1 | $500K | 1.4% |
| 18 | Nicolet National Bank | 3 | $447K | 1.2% |
| 19 | Alliance Bank | 1 | $435K | 1.2% |
| 20 | 21st Century Bank | 2 | $400K | 1.1% |
| 21 | BayFirst National Bank | 2 | $300K | 0.8% |
| 22 | Kensington Bank | 1 | $250K | 0.7% |
| 23 | Initiative Foundation | 1 | $250K | 0.7% |
| 24 | Hiawatha National Bank | 1 | $150K | 0.4% |
| 25 | Old National Bank | 1 | $50K | 0.1% |
| 26 | Associated Bank National Association | 1 | $20K | 0.1% |
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.