SBA lending by district
SBA lending in MN-04
SBA 7(a) and 504 financing in Minnesota's 4th district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 4,325
- Total funded
- $1.8B
- Average loan
- $413K
- 7(a) charge-off
- 3.4%
Borrowers in Minnesota's 4th district took 4,325 SBA loans worth $1.8B since FY2010, averaging $413K. Of the 3,749 7(a) loans, 3.4% have charged off. See the rest of Minnesota.
SBA funded volume by fiscal year
Top SBA lenders in MN-04
- 1. Twin Cities-Metro Certified Development Company $185.9M
- 2. Old National Bank $154.4M
- 3. Wells Fargo Bank National Association $118.3M
- 4. U.S. Bank, National Association $109.4M
- 5. Amplio Economic Development Corporation $75.7M
- 6. Sunrise Banks National Association $71.2M
- 7. Platinum Bank $61.0M
- 8. 21st Century Bank $57.0M
- 9. Choice Financial Group $55.8M
- 10. BankVista $52.6M
Method. SBA 7(a) and 504 loans the SBA recorded in MN-04,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.