Best SBA lenders
Best SBA lenders in Minnesota
The SBA lenders that fund the most businesses in Minnesota, ranked by funded volume with each lender's charge-off track record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Midwest Business Finance Corporation funds the most SBA volume in Minnesota. Charge-off rates below are each lender's overall rate across all of its loans, as a track-record signal.
| # | Lender | Volume in Minnesota | Charge-off |
|---|---|---|---|
| 1 | Midwest Business Finance Corporation | $1.1B | 0.0% |
| 2 | Twin Cities-Metro Certified Development Company | $892.0M | 0.0% |
| 3 | Amplio Economic Development Corporation | $471.7M | 0.0% |
| 4 | Old National Bank | $406.6M | 0.7% |
| 5 | BankVista | $278.8M | 2.1% |
| 6 | Central Minnesota Development Company | $239.0M | 0.0% |
| 7 | U.S. Bank, National Association | $215.8M | 2.2% |
| 8 | Platinum Bank | $210.2M | 0.6% |
Find the best fit for your business
Volume in Minnesota is a starting point. Narrow it to lenders active in your specific industry and loan size with Lender Match, or see the full Minnesota SBA lending data.
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Method and disclaimer. Ranked by funded SBA volume in
Minnesota from the public FOIA 7(a) and 504 data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.