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
3
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
69% of Northeast Entrepreneur Fund, INC.'s SBA loans fall in the $50K–$150K range. Their typical loan (median) is $66,100, with the middle 50% of loans between $51,800 and $118,200. 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 — 6 approvals in the last 6 months vs. 17 in the prior period (-65%). 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 119 SBA 7(a) approvals
Summary
Median (50th percentile)
$66,100
25th percentile
$51,800
75th percentile
$118,200
Average
$100,282
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 |
|---|---|---|---|---|
| 2025-03 | ELA*****LLC | Rhinelander, WI | Full-Service Restaurants | $105,000 |
| 2025-02 | Te****LLC | Ashland, WI | Mobile Food Services | $49,300 |
| 2025-01 | Hau*****LLC | Three Lakes, WI | Full-Service Restaurants | $37,200 |
| 2024-08 | YLC*****nc. | Hurley, WI | Direct Mail Advertising | $81,900 |
| 2023-12 | Nor*****nc. | Duluth, MN | Limited-Service Restaurants | $52,200 |
| 2022-12 | Det*****LLC | Superior, WI | Car Washes | $41,400 |
| 2022-11 | She****LLC | Superior, WI | Full-Service Restaurants | $353,100 |
| 2022-11 | Mik*****LLC | Duluth, MN | Confectionery Manufacturing from Purchased Chocolate | $61,000 |
| 2022-09 | EZ *****LLC | Cambridge, MN | Electrical Apparatus and Equipment, Wiring Supplies, and Related Equip | $51,100 |
| 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 |
| 2022-03 | Rap*****LLC | GRAND RAPIDS, MN | Lessors of Nonresidential Buildings (except Miniwarehouses) | $253,500 |
| 2021-10 | Win*****nc. | Ely, MN | Sporting Goods Stores | $52,200 |
| 2021-10 | Int*****LLC | International Falls, MN | Pet and Pet Supplies Stores | $73,000 |
| 2021-09 | War*****LLC | Duluth, MN | Breweries | $41,500 |
| 2021-09 | Wol*****LLC | Two Harbors, MN | Gift, Novelty, and Souvenir Stores | $50,800 |
| 2021-09 | Fiv*****LLC | Duluth, MN | General Automotive Repair | $105,200 |
| 2021-09 | Thr***** C. | Tower, MN | All Other Miscellaneous Store Retailers (except Tobacco Stores) | $26,100 |
| 2021-09 | Chi*****LLC | Duluth, MN | Limited-Service Restaurants | $51,800 |
| 2021-09 | Wil*****LLC | Ely, MN | Hotels (except Casino Hotels) and Motels | $52,100 |
| 2021-09 | Ros*****LLC | Cook, MN | Baked Goods Stores | $51,800 |
| 2021-09 | Ka****LLC | Lake Nebagamon, WI | Drinking Places (Alcoholic Beverages) | $52,100 |
| 2021-09 | Blu*****nc. | Two Harbors, MN | Welding and Soldering Equipment Manufacturing | $85,000 |
| 2021-07 | TIT*****LLC | Grasston, MN | Logging | $51,900 |
| 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 |
| 2021-06 | J &*****INC | Duluth, MN | New Single-Family Housing Construction (except Operative Builders) | $150,000 |
| 2021-06 | Whi*****LLC | Hibbing, MN | Residential Remodelers | $52,300 |
| 2021-06 | Wel*****.C. | Duluth, MN | Special Needs Transportation | $51,900 |
| 2021-05 | Box*****LLC | Duluth, MN | Consumer Electronics Repair and Maintenance | $51,800 |
| 2021-05 | jac*****ion | Duluth, MN | Limited-Service Restaurants | $103,700 |
| 2021-05 | WR *****nc. | Hibbing, MN | Other Commercial and Industrial Machinery and Equipment Rental and Lea | $51,600 |
| 2021-04 | Rav*****nc. | McGregor, MN | General Freight Trucking, Long Distance, Truckload | $153,100 |
| 2021-04 | Dan*****Inc | Duluth, MN | Beauty Salons | $52,600 |
| 2021-04 | AL *****LLC | Solon Springs, WI | General Rental Centers | $41,600 |
| 2021-04 | Kin*****Inc | Duluth, MN | Sporting Goods Stores | $150,000 |
| 2021-03 | Dia*****LLC | Duluth, MN | Other Direct Selling Establishments | $63,100 |
| 2021-03 | Sid*****LLC | Side Lake, MN | Gasoline Stations with Convenience Stores | $85,000 |
| 2021-03 | XL *****LLC | Grand Rapids, MN | Lessors of Miniwarehouses and Self-Storage Units | $75,500 |
| 2021-03 | Nei*****LLC | Tower, MN | Full-Service Restaurants | $104,100 |
| 2021-03 | Hom***** MN | Coleraine, MN | Homes for the Elderly | $147,500 |
| 2021-02 | Hea*****LLC | Duluth, MN | All Other Health and Personal Care Stores | $105,200 |
| 2021-02 | War*****LLC | Duluth, MN | Breweries | $105,000 |
| 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 | Aga*****LLC | Two Harbors, MN | Homes for the Elderly | $102,900 |
| 2021-02 | Cou*****LLC | Duluth, MN | Other Heavy and Civil Engineering Construction | $50,600 |
| 2021-02 | Mom*****LLC | Saint Cloud, MN | Residential Mental Health and Substance Abuse Facilities | $145,000 |
| 2021-02 | MES*****LLC | Chisholm, MN | Other Heavy and Civil Engineering Construction | $51,800 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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