SBA lending by metro area
SBA lenders in Brainerd, MN
Which lenders fund Brainerd-area businesses, how much, and how the market compares with Minnesota: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Brainerd area
Ranked by SBA volume funded to businesses located in the Brainerd micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Midwest Business Finance Corporation | 158 | $98.3M | $622K | not reported |
| 2 | Old National Bank | 71 | $35.0M | $493K | 2.82% |
| 3 | First Western Bank & Trust | 53 | $14.1M | $267K | 1.89% |
| 4 | BankVista | 15 | $10.3M | $689K | not reported |
| 5 | U.S. Bank, National Association | 15 | $8.9M | $591K | not reported |
| 6 | Stearns Bank National Association | 16 | $8.0M | $502K | not reported |
| 7 | Wells Fargo Bank National Association | 24 | $7.5M | $311K | 0.00% |
| 8 | Deerwood Bank | 27 | $6.8M | $253K | 0.00% |
| 9 | Amplio Economic Development Corporation | 7 | $6.8M | $973K | not reported |
| 10 | Woodlands National Bank | 19 | $4.8M | $253K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Brainerd compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Brainerd area | $170K ▲ 5.1% | 26.4% ▲ 11.3 pts |
| Minnesota | $162K | 15.1% |
| United States | $179K | 11.2% |
What gets funded in Brainerd
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 147 | $77.9M |
| Manufacturing | 97 | $71.2M |
| Retail Trade | 106 | $37.1M |
| Health Care and Social Assistance | 59 | $26.4M |
| Other Services | 50 | $22.4M |
| Construction | 41 | $9.1M |
| Wholesale Trade | 23 | $8.0M |
| Professional and Technical Services | 26 | $6.6M |
SBA lending in Brainerd by year
Geography, precisely
"Brainerd area" here means the Brainerd, MN micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Cass County, MN; Crow Wing County, MN. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.