Northeast Entrepreneur Fund, INC.: SBA Lending Activity & Industry Focus
Based on historical SBA 7(a) lending data.
Total Approvals
24
by Northeast Entrepreneur Fund, INC.
Total Volume
$2,719,800
approved amount
Median Loan Size
$57,400
per approval
Recent Activity
1
last 90 days through Feb 2025
Northeast Entrepreneur Fund, INC. is a lender serving Minnesota and Wisconsin lending across 11 different industries. With 24 SBA 7(a) approvals and a typical loan size of $57,400, their lending data provides a detailed picture of where and how they deploy SBA capital.
What you should know
Key insights derived from Northeast Entrepreneur Fund, INC.'s SBA 7(a) lending history
Sweet spot: $50K–$150K loans
77% of Northeast Entrepreneur Fund, INC.'s SBA loans fall in the $50K–$150K range. Their typical loan (median) is $53,800, with the middle 50% of loans between $51,900 and $100,500. If your loan request is in this range, you may see a faster, smoother process.
Local lender: primarily Minnesota
Northeast Entrepreneur Fund, INC. focuses their SBA lending in 2 states, with 96% in Minnesota. Local lenders often prioritize community relationships and may be easier to work with if you're in their market.
Declining SBA activity
Northeast Entrepreneur Fund, INC.'s SBA lending has slowed recently — 7 approvals in the last 6 months vs. 9 in the prior period (-22%). This could reflect tighter credit standards, strategic shifts, or seasonal variation.
Smaller loan specialist
Northeast Entrepreneur Fund, INC.'s median loan of $57,400 is well below the SBA 7(a) average. They appear to specialize in smaller loans — making them a strong option if you need under $300,000 and may face minimum-amount barriers elsewhere.
Smaller SBA program
Northeast Entrepreneur Fund, INC. has 24 SBA 7(a) approvals. Their smaller volume may mean longer processing times, but could also mean more personalized attention for borrowers.
Diversified: 11 industries served
Northeast Entrepreneur Fund, INC. lends across 11 different industry sectors with no single industry dominating. This broad experience means they can likely evaluate most business types, though they may not have deep expertise in any specific niche.
Lending trends for Northeast Entrepreneur Fund, INC.
Loan size distribution
Based on 30 SBA 7(a) approvals
Summary
Median (50th percentile)
$53,800
25th percentile
$51,900
75th percentile
$100,500
Average
$112,027
Typical range
State-by-state lending activity
| # | State | Approvals |
|---|---|---|
| 1 | Minnesota | 23 |
| 2 | Wisconsin | 1 |
Northeast Entrepreneur Fund, INC. by industry
Industry focus
Recent SBA 7(a) approvals by Northeast Entrepreneur Fund, INC.
| Month | Borrower | Location | Industry | Amount |
|---|---|---|---|---|
| 2025-02 | Te****LLC | Ashland, WI | Mobile Food Services | $49,300 |
| 2023-12 | Nor*****nc. | Duluth, MN | Limited-Service Restaurants | $52,200 |
| 2022-11 | Mik*****LLC | Duluth, MN | Confectionery Manufacturing from Purchased Chocolate | $61,000 |
| 2022-08 | EZ *****LLC | Cambridge, MN | Electrical Apparatus and Equipment, Wiring Supplies, and Related Equip | $51,200 |
| 2022-03 | Rap*****LLC | GRAND RAPIDS, MN | Drinking Places (Alcoholic Beverages) | $253,500 |
| 2021-06 | Ton*****LLC | Hermantown, MN | Home Furnishing Merchant Wholesalers | $51,700 |
| 2021-06 | End*****LLC | Duluth, MN | Hotels (except Casino Hotels) and Motels | $350,000 |
| 2021-05 | Box*****LLC | Duluth, MN | Consumer Electronics Repair and Maintenance | $51,800 |
| 2021-04 | Kin*****Inc | Duluth, MN | Sporting Goods Stores | $150,000 |
| 2021-02 | Arc*****nc. | Duluth, MN | Limited-Service Restaurants | $51,900 |
| 2021-02 | jac*****ion | Duluth, MN | Limited-Service Restaurants | $51,800 |
| 2021-02 | MES*****LLC | Chisholm, MN | Other Heavy and Civil Engineering Construction | $51,800 |
| 2021-02 | Cou*****LLC | Duluth, MN | Other Heavy and Civil Engineering Construction | $50,600 |
| 2020-12 | Nas*****LLC | Nashwauk, MN | Supermarkets and Other Grocery (except Convenience) Stores | $342,600 |
| 2020-11 | Hul*****ice | Two Harbors, MN | Support Activities for Forestry | $52,200 |
| 2020-10 | Cly*****nc. | Duluth, MN | Full-Service Restaurants | $52,700 |
| 2020-08 | Jak*****LLC | Saginaw, MN | General Freight Trucking, Local | $260,000 |
| 2020-08 | Swe*****LLC | Brainerd, MN | Electrical Contractors | $102,400 |
| 2020-08 | DET*****.C. | Solon Springs, WI | General Warehousing and Storage | $53,300 |
| 2020-08 | Ess***** C. | International Falls, MN | Other Personal Care Services | $53,800 |
| 2020-08 | Ess***** C. | International Falls, MN | Other Personal Care Services | $53,500 |
| 2020-08 | Dul*****LLC | Duluth, MN | All Other Personal Services | $66,100 |
| 2020-07 | Swi*****LLC | Duluth, MN | Advertising Agencies | $91,100 |
| 2020-05 | K&C*****LLC | Coleraine, MN | Offices of Real Estate Appraisers | $85,000 |
| 2020-05 | Mah*****rp. | Eveleth, MN | Specialized Freight (except Used Goods) Trucking, Local | $497,000 |
| 2020-04 | Ric*****ees | Hibbing, MN | Lessors of Other Real Estate Property | $53,200 |
| 2020-03 | Thr***** C. | Tower, MN | Hobby, Toy, and Game Stores | $100,000 |
| 2020-03 | The*****LLC | Duluth, MN | Full-Service Restaurants | $52,100 |
| 2020-02 | Duo*****nc. | Duluth, MN | Beauty Salons | $68,500 |
| 2020-02 | Spo*****GBC | Two Harbors, MN | Sporting Goods Stores | $100,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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