SBA Loans for Nursery and Garden Centers in Minnesota: Top Lenders
NAICS 444NAICS 444 covers nursery and garden centers businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
15
in Minnesota
Median Loan Size
$250,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 444 covers nursery and garden centers businesses. This is a smaller category in SBA 7(a) lending with 15 approvals on record and a median loan size of $250,000.
Key trends & insights
- SBA data for this industry goes through 2025-02-17 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Nursery and Garden Centers in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $133,250 | |
| 2 | 2 | $1,307,500 | |
| 3 | 2 | $72,500 | |
| 4 | 2 | $460,000 | |
| 5 | 2 | $500,000 | |
| 6 | 1 | $2,034,000 | |
| 7 | 1 | $30,000 | |
| 8 | 1 | $250,000 | |
| 9 | 1 | $2,962,000 | |
| 10 | 1 | $17,200 |
Recent SBA 7(a) approvals for Nursery and Garden Centers in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Live Oak Banking Company | Pin*****rp. | PINE RIVER, MN | $600,000 |
| 2025-11 | Newtek Bank, National Association | Gop****Ace | Long Lake, MN | $500,000 |
| 2025-08 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Riv*****nc. | RICHMOND, MN | $150,000 |
| 2025-08 | Northeast Bank | Cre*****nc. | Woodbury, MN | $350,000 |
| 2025-07 | Falcon National Bank | Mue*****nc. | SAINT MARTIN, MN | $500,000 |
| 2025-07 | Falcon National Bank | Mue*****nc. | Saint Martin, MN | $350,000 |
| 2025-03 | Northeast Bank | NB *****LLC | SAINT PAUL, MN | $3,185,000 |
| 2025-02 | Old National Bank | Swa*****nc. | DETROIT LAKES, MN | $1,781,000 |
| 2025-02 | Falcon National Bank | Kot*****LLC | FOLEY, MN | $500,000 |
| 2025-02 | Falcon National Bank | Kot*****LLC | FOLEY, MN | $2,115,000 |
| 2025-02 | The Huntington National Bank | Rya*****LLC | MOUNTAIN LAKE, MN | $25,000 |
| 2024-12 | Frandsen Bank and Trust | Sta*****ter | PINE CITY, MN | $600,000 |
| 2024-12 | Old National Bank | Swa*****nc. | Detroit Lakes, MN | $250,000 |
| 2024-11 | U.S. Bank, National Association | Pug*****LLC | NEW BRIGHTON, MN | $599,200 |
| 2024-06 | U.S. Bank, National Association | Div*****LLC | Edina, MN | $200,000 |
| 2024-06 | U.S. Bank, National Association | Div*****LLC | Edina, MN | $1,180,700 |
| 2024-01 | First Western Bank & Trust | Smi*****LLC | Alexandria, MN | $2,962,000 |
| 2023-11 | U.S. Bank, National Association | IVE*****LLC | MINNEAPOLIS, MN | $30,000 |
| 2023-10 | Granite Bank | Flo*****LLC | WILLMAR, MN | $1,400,000 |
| 2023-08 | ProGrowth Bank | G. *****LLC | MANKATO, MN | $230,000 |
| 2023-04 | U.S. Bank, National Association | IVE*****LLC | MINNEAPOLIS, MN | $35,600 |
| 2023-01 | The Huntington National Bank | Des*****LLC | Longville, MN | $1,857,000 |
| 2023-01 | The Huntington National Bank | Des*****INC | Longville, MN | $350,000 |
| 2022-11 | The First National Bank of Milaca | Kar*****any | ISLE, MN | $160,000 |
| 2022-11 | The First National Bank of Milaca | Kar*****any | ISLE, MN | $75,000 |
| 2022-10 | Minnwest Bank | Col*****nc. | SAINT JOSEPH, MN | $653,000 |
| 2022-10 | Minnwest Bank | Col*****nc. | SAINT JOSEPH, MN | $347,000 |
| 2022-08 | Deerwood Bank | Mai*****LLC | RICHMOND, MN | $30,000 |
| 2022-08 | Deerwood Bank | Mai*****LLC | Richmond, MN | $236,500 |
| 2022-08 | Platinum Bank | FAL*****NC. | INTERNATIONAL FALLS, MN | $1,745,000 |
| 2022-08 | Platinum Bank | FAL*****NC. | INTERNATIONAL FALLS, MN | $200,000 |
| 2022-04 | Old National Bank | Tre*****LLC | WILLMAR, MN | $500,000 |
| 2022-04 | Old National Bank | Woo*****LLC | Willmar, MN | $3,500,000 |
| 2022-04 | U.S. Bank, National Association | Win*****LLC | FOREST LAKE, MN | $539,700 |
| 2022-03 | Magnifi Financial CU | Swa*****LLC | SWANVILLE, MN | $56,000 |
| 2022-03 | Magnifi Financial CU | Swa*****LLC | Swanville, MN | $294,000 |
| 2022-03 | The Bank of Elk River | Par*****nc. | GRAND RAPIDS, MN | $932,400 |
| 2022-03 | Falcon National Bank | Mar*****nc. | Rogers, MN | $268,000 |
| 2022-02 | Old National Bank | Nor*****LLC | Fountain, MN | $122,900 |
| 2022-01 | Old National Bank | Owa*****any | Forest Lake, MN | $670,000 |
| 2021-12 | MidWestOne Bank | Har*****LLC | LAKE ELMO, MN | $986,000 |
| 2021-10 | Farmers State Bank of Underwood | Fer*****nc. | Fergus Falls, MN | $1,030,000 |
| 2021-08 | Minnwest Bank | CAP*****INC | COLD SPRING, MN | $500,000 |
| 2021-08 | U.S. Bank, National Association | TUN*****LLC | WYOMING, MN | $40,000 |
| 2021-06 | Sunrise Banks National Association | Jac*****nc. | MINNEAPOLIS, MN | $25,000 |
| 2021-06 | Sunrise Banks National Association | Jac*****nc. | MINNEAPOLIS, MN | $120,000 |
| 2021-05 | Falcon National Bank | Mar*****nc. | Rogers, MN | $500,000 |
| 2021-05 | First National Bank Minnesota | ASR*****LLC | Plato, MN | $2,034,000 |
| 2021-04 | The Bank of Elk River | Par*****nc. | Grand Rapids, MN | $2,424,900 |
| 2021-04 | The Bank of Elk River | Par*****nc. | Grand Rapids, MN | $200,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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