SBA Loans for Seafood Product Preparation and Packaging in Minnesota: Top Lenders
NAICS 311NAICS 311 covers seafood product preparation and packaging businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
22
in Minnesota
Median Loan Size
$275,000
per approval
Recent Activity
4
last 90 days through Aug 2025
NAICS 311 covers seafood product preparation and packaging businesses. This is a smaller category in SBA 7(a) lending with 22 approvals on record and a median loan size of $275,000.
Key trends & insights
- THE Huntington National Bank leads this industry with 4 approvals (18% market share) and a median loan of $96,000.
Most active SBA lenders for Seafood Product Preparation and Packaging in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $96,000 | |
| 2 | 3 | $450,000 | |
| 3 | 2 | $267,500 | |
| 4 | 2 | $263,250 | |
| 5 | 2 | $152,500 | |
| 6 | 1 | $61,000 | |
| 7 | 1 | $26,500 | |
| 8 | 1 | $490,000 | |
| 9 | 1 | $500,000 | |
| 10 | 1 | $300,000 | |
| 11 | 1 | $300,000 | |
| 12 | 1 | $135,000 | |
| 13 | 1 | $2,250,000 | |
| 14 | 1 | $340,000 |
Recent SBA 7(a) approvals for Seafood Product Preparation and Packaging in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Scale Bank | The*****LLC | PRIOR LAKE, MN | $557,500 |
| 2025-09 | Minnwest Bank | Wya*****LLC | SAINT PAUL, MN | $2,907,000 |
| 2025-09 | Hanover Community Bank | Owe*****orp | PINE ISLAND, MN | $346,000 |
| 2025-09 | Scale Bank | Tor*****LLC | MINNEAPOLIS, MN | $135,600 |
| 2025-09 | Scale Bank | Tor*****LLC | MINNEAPOLIS, MN | $25,000 |
| 2025-08 | Old National Bank | Pin*****LLC | LISMORE, MN | $465,000 |
| 2025-08 | Old National Bank | Glo*****LLC | LISMORE, MN | $70,000 |
| 2025-08 | Minnwest Bank | Wya*****LLC | ANOKA, MN | $490,000 |
| 2025-07 | U.S. Bank, National Association | ITS*****.C. | SAINT MICHAEL, MN | $6,000 |
| 2025-06 | Frandsen Bank and Trust | Swe*****LLC | New Ulm, MN | $141,000 |
| 2025-06 | U.S. Bank, National Association | LIT*****IRD | SAINT PAUL, MN | $10,000 |
| 2025-03 | Bell Bank | Gla*****LLC | Minneapolis, MN | $128,200 |
| 2025-03 | Bell Bank | Dar*****LLC | Minneapolis, MN | $500,000 |
| 2025-02 | Farmers and Merchants Savings Bank | Bab*****LLC | MINNEAPOLIS, MN | $250,000 |
| 2025-02 | BankVista | CRA*****LLC | CHASKA, MN | $360,000 |
| 2025-01 | Bell Bank | Maa****Inc | Saint Paul, MN | $250,000 |
| 2024-10 | Northwestern Bank, National Association | Sif*****LLC | MOORHEAD, MN | $35,000 |
| 2024-09 | First Security Bank | Bea*****LLC | Kasson, MN | $276,400 |
| 2024-08 | The Huntington National Bank | Big*****Inc | EDEN PRAIRIE, MN | $350,000 |
| 2024-08 | BankVista | CRA*****LLC | CHASKA, MN | $400,000 |
| 2024-08 | BankVista | CRA***** C. | CHASKA, MN | $425,000 |
| 2024-08 | Frandsen Bank and Trust | Eur*****nc. | Le Center, MN | $450,000 |
| 2024-08 | Frandsen Bank and Trust | Eur*****nc. | Le Center, MN | $1,100,000 |
| 2024-07 | The Huntington National Bank | Wad*****.C. | MINNEAPOLIS, MN | $150,000 |
| 2024-04 | The Huntington National Bank | VIK*****PIE | SAINT PAUL, MN | $50,000 |
| 2024-01 | Choice Financial Group | ICO*****LLC | Maple Grove, MN | $1,400,000 |
| 2023-11 | First National Community Bank | Emb*****LLC | Oakdale, MN | $150,000 |
| 2023-11 | Pioneer Bank | Get*****nc. | Minneapolis, MN | $2,000,000 |
| 2023-11 | First National Community Bank | Emb*****LLC | SAINT PAUL, MN | $25,000 |
| 2023-10 | Capital CU | Bla*****ery | MOORHEAD, MN | $35,000 |
| 2023-09 | BankVista | TRA***** CO | COTTAGE GROVE, MN | $200,000 |
| 2023-09 | Citizens State Bank | Bak*****LLC | MINNEAPOLIS, MN | $210,000 |
| 2023-08 | BankCherokee | Bre*****LLC | SAINT PAUL, MN | $193,600 |
| 2023-08 | National Bank of Commerce | Pat*****.C. | Grand Marais, MN | $984,000 |
| 2023-07 | Security Bank USA | Sti*****Co. | BEMIDJI, MN | $197,400 |
| 2023-07 | Security Bank USA | Sti*****Co. | Bemidji, MN | $1,500,000 |
| 2023-06 | Magnifi Financial CU | Sma*****LLC | ROBBINSDALE, MN | $250,000 |
| 2023-06 | Platinum Bank | Kas*****LLC | Maplewood, MN | $25,000 |
| 2023-02 | Granite Bank | FIt*****LLC | Minneapolos, MN | $300,000 |
| 2022-11 | Northeast Entrepreneur Fund, Inc. | Mik*****LLC | Duluth, MN | $61,000 |
| 2022-10 | BankVista | CRA*****LLC | CHASKA, MN | $101,500 |
| 2022-09 | Pioneer Bank | Get*****nc. | Brooklyn Center, MN | $1,000,000 |
| 2022-09 | Highland Bank | Sif*****LLC | Minneapolis, MN | $25,000 |
| 2022-07 | BankVista | VO**LLC | SHAKOPEE, MN | $200,000 |
| 2022-07 | National Bank of Commerce | Mik*****LLC | DULUTH, MN | $300,000 |
| 2022-05 | Magnifi Financial CU | Jen*****nc. | BROOTEN, MN | $335,000 |
| 2022-03 | Minnstar Bank National Association | Fay*****son | LAKE CRYSTAL, MN | $135,000 |
| 2022-03 | United Valley Bank | KID*****Inc | Long Prairie, MN | $4,750,000 |
| 2022-01 | Magnifi Financial CU | Sma*****LLC | MOUNTAIN LAKE, MN | $55,000 |
| 2021-11 | BankCherokee | Bab*****LLC | BURNSVILLE, MN | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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