SBA Loans for Apparel Accessories and Other Apparel Manufacturing in Minnesota: Top Lenders
NAICS 315NAICS 315 covers apparel accessories and other apparel manufacturing businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Minnesota
Median Loan Size
$22,500
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 315 covers apparel accessories and other apparel manufacturing businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $22,500.
Key trends & insights
- Apparel Accessories and Other Apparel Manufacturing in Minnesota loans skew smaller than the SBA average at $22,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2025-02-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Apparel Accessories and Other Apparel Manufacturing in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $30,000 | |
| 2 | 1 | $15,000 |
Recent SBA 7(a) approvals for Apparel Accessories and Other Apparel Manufacturing in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | First Resource Bank | Kin*****LLC | EDINA, MN | $125,000 |
| 2025-05 | First Internet Bank of Indiana | The***** Up | EDEN PRAIRIE, MN | $520,000 |
| 2025-02 | MY CU | Sig*****LLC | MINNEAPOLIS, MN | $30,000 |
| 2024-07 | Bell Bank | Gho*****LLC | Saint Paul, MN | $300,000 |
| 2022-12 | MY CU | Sig*****LLC | Minneapolis, MN | $192,500 |
| 2021-11 | U.S. Bank, National Association | MAM*****LLC | SAINT PAUL, MN | $15,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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