SBA Loans for NAICS 452 in Minnesota: Top Lenders
NAICS 452NAICS 452 covers discount department stores businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Minnesota
Median Loan Size
$27,000
per approval
Recent Activity
0
last 90 days through Nov 2020
NAICS 452 covers discount department stores businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $27,000.
Key trends & insights
- NAICS 452 in Minnesota loans skew smaller than the SBA average at $27,000 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 2020-11-18 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for NAICS 452 in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $33,500 | |
| 2 | 1 | $15,000 |
Recent SBA 7(a) approvals for NAICS 452 in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2020-11 | U.S. Bank, National Association | Ced*****age | NEW PRAGUE, MN | $27,000 |
| 2020-06 | Ultima Bank Minnesota | Bru*****yer | BEMIDJI, MN | $15,000 |
| 2019-10 | U.S. Bank, National Association | MID*****LLC | MAPLE GROVE, MN | $40,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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