Other services lenders in Sherburne, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
16 institutions have SBA 7(a) loans on record to this industry in Sherburne, MN, together $7.8M across 42 loans. Frandsen Bank and Trust is the largest, with 24% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Frandsen Bank and Trust | 5 | $1.9M | 24.1% |
| 2 | The Bank of Elk River | 7 | $1.3M | 16.9% |
| 3 | BankVista | 4 | $1.3M | 16.6% |
| 4 | Byline Bank | 1 | $825K | 10.5% |
| 5 | Merchants Bank, National Association | 2 | $430K | 5.5% |
| 6 | The Huntington National Bank | 3 | $410K | 5.2% |
| 7 | Old National Bank | 3 | $365K | 4.7% |
| 8 | Wells Fargo Bank National Association | 4 | $359K | 4.6% |
| 9 | U.S. Bank, National Association | 6 | $340K | 4.3% |
| 10 | First Bank | 1 | $150K | 1.9% |
| 11 | MY CU | 1 | $150K | 1.9% |
| 12 | Nicolet National Bank | 1 | $100K | 1.3% |
| 13 | BayFirst National Bank | 1 | $83K | 1.1% |
| 14 | Woodlands National Bank | 1 | $45K | 0.6% |
| 15 | Randolph-Brooks FCU | 1 | $40K | 0.5% |
| 16 | Highland Bank | 1 | $25K | 0.3% |
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.