SBA Loans for NAICS 449 in Minnesota: Top Lenders
NAICS 449Based on historical SBA 7(a) lending data.
Total Approvals
8
in Minnesota
Median Loan Size
$192,000
per approval
Recent Activity
3
last 90 days through Jun 2025
NAICS 449 encompasses naics 449 in minnesota businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $192,000.
Key trends & insights
- NAICS 449 in Minnesota lending is concentrated — Bell Bank, THE Huntington National Bank, Falcon National Bank together account for 63% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Bell Bank leads this industry with 2 approvals (25% market share) and a median loan of $268,100.
- NAICS 449 in Minnesota loans skew smaller than the SBA average at $192,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for NAICS 449 in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $268,100 | |
| 2 | 2 | $105,000 | |
| 3 | 1 | $300,000 | |
| 4 | 1 | $1,286,000 | |
| 5 | 1 | $15,000 | |
| 6 | 1 | $204,000 |
Recent SBA 7(a) approvals for NAICS 449 in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-06 | Pathward National Association | Fle*****.C. | HOPKINS, MN | $204,000 |
| 2025-06 | Bell Bank | Bol*****nc. | Fergus Falls, MN | $466,200 |
| 2025-06 | Bell Bank | Bol*****nc. | Fergus Falls, MN | $70,000 |
| 2025-03 | Platinum Bank | Max*****LLC | Blaine, MN | $1,286,000 |
| 2025-02 | Minnwest Bank | Big*****nc. | EXCELSIOR, MN | $112,500 |
| 2024-10 | Northeast Bank | Sum*****LLC | Burnsville, MN | $15,000 |
| 2023-05 | The Huntington National Bank | CSH*****ted | Rochester, MN | $30,000 |
| 2023-05 | The Huntington National Bank | CSH*****ted | Rochester, MN | $180,000 |
| 2023-02 | Falcon National Bank | Nor*****LLC | Saint Joseph, MN | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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