SBA Loans for Fish and Seafood Merchant Wholesalers in Minnesota: Top Lenders

NAICS 424

NAICS 424 covers fish and seafood merchant wholesalers businesses in Minnesota. Based on historical SBA 7(a) lending data.

Total Approvals

27

in Minnesota

Median Loan Size

$348,500

per approval

Recent Activity

2

last 90 days through Aug 2025

NAICS 424 covers fish and seafood merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 27 approvals on record and a median loan size of $348,500.

Key trends & insights

  • Sunrise Banks, National Association leads this industry with 5 approvals (19% market share) and a median loan of $75,000.

Most active SBA lenders for Fish and Seafood Merchant Wholesalers in Minnesota

#LenderApprovalsMedian Size
15$75,000
23$350,000
32$397,500
42$1,175,000
52$1,422,500
62$1,864,000
71$300,000
81$200,000
91$2,415,000
101$125,000
111$1,248,900
121$50,000
131$400,500
141$200,000
151$270,000
161$50,000
171$348,500

Recent SBA 7(a) approvals for Fish and Seafood Merchant Wholesalers in Minnesota

MonthLenderBorrowerAmount
2025-08Citizens Community Federal National AssociationEle*****nc.$500,000
2025-08Citizens Community Federal National AssociationEle*****nc.$2,345,000
2025-02First National BankThe*****LLC$125,000
2024-06Northeast BankHAP*****NC.$50,000
2024-06Sunrise Banks National AssociationFoc*****LLC$75,000
2024-02MidCountry BankSW**Inc$175,000
2024-02MidCountry BankSW**Inc$2,175,000
2024-01Hiawatha National BankAdv*****LLC$200,000
2023-05First National BankGra*****.C.$37,500
2023-03First Bank & TrustTC *****Inc$1,248,900
2022-04Choice Financial GroupFFS*****LLC$445,000
2022-03Choice Financial GroupZo***LLC$350,000
2022-02Drake BankAll*****LLC$200,000
2021-12Minnwest BankIQ *****LLC$500,000
2021-08Old National BankLTN*****LLC$3,428,000
2021-08Old National BankLTN*****LLC$300,000
2021-08Minnwest BankIQ *****LLC$350,000
2021-0621st Century BankSha*****LLC$2,415,000
2021-06Minnwest BankSwa*****Co.$350,000
2020-10United Prairie BankKFS*****LLC$300,000
2020-08Sunrise Banks National AssociationRev*****LLC$350,000
2020-08Sunrise Banks National AssociationRev*****LLC$250,000
2020-07Northwoods Bank of MinnesotaJMC*****Inc$270,000
2020-02Sunrise Banks National AssociationMin*****.C.$50,000
2020-02Sunrise Banks National AssociationMin*****.C.$46,000
2020-02U.S. Bank, National AssociationWW***$400,500
2020-01Associated Bank, National AssociationJ L*****NC.$50,000
2019-11ProGrowth BankBRA*****TAD$348,500

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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