SBA Loans for Other Heavy and Civil Engineering Construction in Minnesota: Top Lenders
NAICS 237NAICS 237 covers other heavy and civil engineering construction businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
13
in Minnesota
Median Loan Size
$350,000
per approval
Recent Activity
0
last 90 days through Apr 2024
NAICS 237 covers other heavy and civil engineering construction businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $350,000.
Key trends & insights
- Other Heavy and Civil Engineering Construction in Minnesota lending is concentrated — OLD National Bank, RED River State Bank, United Minnesota Bank together account for 54% of all approvals. If you're in this industry, these are your highest-probability lenders.
- OLD National Bank leads this industry with 3 approvals (23% market share) and a median loan of $850,900.
- SBA data for this industry goes through 2024-04-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Other Heavy and Civil Engineering Construction in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $850,900 | |
| 2 | 2 | $350,000 | |
| 3 | 2 | $315,500 | |
| 4 | 1 | $1,170,500 | |
| 5 | 1 | $325,000 | |
| 6 | 1 | $51,800 | |
| 7 | 1 | $1,980,000 | |
| 8 | 1 | $300,000 | |
| 9 | 1 | $300,000 |
Recent SBA 7(a) approvals for Other Heavy and Civil Engineering Construction in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | Capital Community Bank | Met*****ion | Merrifield, MN | $330,000 |
| 2024-12 | Falcon National Bank | AIM*****LLC | BUFFALO, MN | $150,000 |
| 2024-06 | The Huntington National Bank | Hol*****Inc | MINNEAPOLIS, MN | $75,000 |
| 2024-04 | Frandsen Bank and Trust | Nor*****LLC | Bloomington, MN | $1,627,500 |
| 2024-04 | The Huntington National Bank | ROC*****LLC | Columbus, MN | $300,000 |
| 2024-03 | U.S. Bank, National Association | WAL*****LLC | CLEAR LAKE, MN | $48,600 |
| 2024-02 | U.S. Bank, National Association | CM***nc. | Eagan, MN | $897,800 |
| 2024-02 | United Minnesota Bank | HOF*****LLC | WILLMAR, MN | $131,000 |
| 2024-02 | Old National Bank | Cen*****LLC | ALEXANDRIA, MN | $450,000 |
| 2023-10 | Frandsen Bank and Trust | Nor*****LLC | GRAND RAPIDS, MN | $1,900,000 |
| 2023-06 | Sentry Bank | MP *****LLC | BUFFALO, MN | $154,600 |
| 2023-06 | Red River State Bank | Ape*****LLC | BEJOU, MN | $99,100 |
| 2023-05 | Merchants Bank, National Association | E &*****LLC | Chatfield, MN | $150,000 |
| 2023-04 | United Minnesota Bank | Lan*****LLC | PAYNESVILLE, MN | $500,000 |
| 2023-03 | The First National Bank of Henning | Leg*****nc. | Wadena, MN | $1,980,000 |
| 2023-03 | Sentry Bank | MP *****LLC | BUFFALO, MN | $125,000 |
| 2023-03 | Red River State Bank | APE*****INC | PERHAM, MN | $400,800 |
| 2023-02 | Old National Bank | Nor*****LLC | ELK RIVER, MN | $850,900 |
| 2023-02 | Old National Bank | Nor*****LLC | ELK RIVER, MN | $300,000 |
| 2022-09 | Lake Region Bank | Boo*****LLC | RAYMOND, MN | $38,000 |
| 2022-08 | Red River State Bank | Ape*****LLC | BEJOU, MN | $350,000 |
| 2022-08 | Sentry Bank | R&K*****LLC | SAINT CLOUD, MN | $190,500 |
| 2022-05 | Red River State Bank | Ape*****LLC | BEJOU, MN | $350,000 |
| 2022-04 | Platinum Bank | JA****LLC | Vadnais Heights, MN | $1,927,000 |
| 2022-03 | Minnwest Bank | B-N*****LLC | NEW PRAGUE, MN | $234,200 |
| 2022-02 | BankVista | KOM*****LLC | ELKO NEW MARKET, MN | $300,000 |
| 2021-11 | Members Cooperative Credit Union | Sch*****LLC | CENTER CITY, MN | $427,500 |
| 2021-09 | BankVista | KAT*****LLC | BURNSVILLE, MN | $4,072,500 |
| 2021-09 | United Prairie Bank | MAC*****INC | NEW LONDON, MN | $500,000 |
| 2021-08 | Lake Region Bank | Boo*****LLC | RAYMOND, MN | $128,800 |
| 2021-04 | MidWestOne Bank | Upp*****nc. | Ham Lake, MN | $126,000 |
| 2021-03 | Bravera Bank | Sch*****nc. | Elk River, MN | $1,500,000 |
| 2021-02 | Northeast Entrepreneur Fund, Inc. | MES*****LLC | Chisholm, MN | $51,800 |
| 2021-02 | Northeast Entrepreneur Fund, Inc. | Cou*****LLC | Duluth, MN | $50,600 |
| 2021-02 | Northeast Entrepreneur Fund, Inc. | MES*****LLC | Chisholm, MN | $51,800 |
| 2021-02 | Security Bank USA | Gra*****nc. | BEMIDJI, MN | $8,000 |
| 2020-12 | Minnwest Bank | CM***nc. | SHAKOPEE, MN | $50,000 |
| 2020-12 | Minnwest Bank | CM***nc. | SHAKOPEE, MN | $780,000 |
| 2020-10 | Northeast Entrepreneur Fund, Inc. | Wat*****LLC | Duluth, MN | $86,200 |
| 2020-09 | Wadena State Bank | Ker*****ery | WADENA, MN | $350,000 |
| 2020-09 | Old National Bank | Cen*****LLC | Alexandria, MN | $41,000 |
| 2020-09 | Old National Bank | Cen*****LLC | Alexandria, MN | $50,000 |
| 2020-08 | Old National Bank | InS*****Inc | FOREST LAKE, MN | $1,438,000 |
| 2020-06 | Kerndt Brothers Savings Bank | Pho*****orp | Spring Grove, MN | $1,170,500 |
| 2020-05 | United Prairie Bank | MAC*****INC | NEW LONDON, MN | $325,000 |
| 2020-04 | Sentry Bank | R&K*****LLC | SAINT CLOUD, MN | $109,900 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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