Retail trade lenders in Steele, MN
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
8 institutions have SBA 7(a) loans on record to this industry in Steele, MN, together $4.2M across 15 loans. Arcadian Bank is the largest, with 63% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Arcadian Bank | 1 | $2.7M | 63.0% |
| 2 | Old National Bank | 2 | $481K | 11.4% |
| 3 | Manufacturers Bank and Trust Company | 4 | $425K | 10.0% |
| 4 | Profinium Inc | 3 | $220K | 5.2% |
| 5 | United Prairie Bank | 2 | $191K | 4.5% |
| 6 | Community Resource Bank | 1 | $150K | 3.5% |
| 7 | Community Bank Owatonna | 1 | $75K | 1.8% |
| 8 | U.S. Bank, National Association | 1 | $25K | 0.6% |
See retail 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.