SBA lending by metro area
SBA lenders in Fairmont, MN
Which lenders fund Fairmont-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
Ready to talk to Fairmont-area SBA lenders?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
How Fairmont compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Fairmont area | $109K ▼ 32.9% | 20.0% ▲ 4.9 pts |
| Minnesota | $162K | 15.1% |
| United States | $179K | 11.2% |
What gets funded in Fairmont
| Industry | Loans | Total funded |
|---|---|---|
| Agriculture, Forestry, Fishing | 21 | $7.9M |
| Accommodation and Food Services | 5 | $2.4M |
| Retail Trade | 11 | $1.9M |
| Manufacturing | 9 | $1.8M |
SBA lending in Fairmont by year
Geography, precisely
"Fairmont area" here means the Fairmont, MN micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Martin 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.