SBA Loans for Art Dealers in Minnesota: Top Lenders
NAICS 453NAICS 453 covers art dealers businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
24
in Minnesota
Median Loan Size
$185,500
per approval
Recent Activity
0
last 90 days through Aug 2023
NAICS 453 covers art dealers businesses. This is a smaller category in SBA 7(a) lending with 24 approvals on record and a median loan size of $185,500.
Key trends & insights
- Art Dealers in Minnesota loans skew smaller than the SBA average at $185,500 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 2023-08-25 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Art Dealers in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $427,500 | |
| 2 | 3 | $350,000 | |
| 3 | 3 | $150,000 | |
| 4 | 2 | $200,000 | |
| 5 | 2 | $274,500 | |
| 6 | 1 | $1,000,000 | |
| 7 | 1 | $50,000 | |
| 8 | 1 | $75,000 | |
| 9 | 1 | $340,000 | |
| 10 | 1 | $15,000 | |
| 11 | 1 | $100,000 | |
| 12 | 1 | $40,000 | |
| 13 | 1 | $350,000 | |
| 14 | 1 | $200,000 | |
| 15 | 1 | $99,000 | |
| 16 | 1 | $5,000 |
Recent SBA 7(a) approvals for Art Dealers in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-08 | BankVista | EP *****RP. | EDEN PRAIRIE, MN | $300,000 |
| 2023-08 | BankVista | EP *****RP. | EDEN PRAIRIE, MN | $100,000 |
| 2022-08 | Wells Fargo Bank National Association | CUR*****LLC | HAMEL, MN | $15,000 |
| 2022-06 | Village Bank | Sty*****LLC | COON RAPIDS, MN | $391,500 |
| 2022-05 | Magnifi Financial CU | Che*****LLC | SAINT JOSEPH, MN | $50,000 |
| 2022-01 | Newtek Small Business Finance, Inc. | INF*****POR | BURNSVILLE, MN | $99,000 |
| 2021-12 | Kensington Bank | Im**cks | SAINT CLOUD, MN | $75,000 |
| 2021-08 | 21st Century Bank | Blu*****LLC | EDINA, MN | $171,000 |
| 2021-08 | Sunrise Banks National Association | Mod*****LLC | MINNEAPOLIS, MN | $350,000 |
| 2021-08 | 21st Century Bank | Xpr*****LLC | MINNEAPOLIS, MN | $447,000 |
| 2021-08 | The Bank of Elk River | Pre*****nc. | Minneapolis, MN | $1,000,000 |
| 2021-07 | Sunrise Banks National Association | Lov*****nc. | SAINT PAUL, MN | $280,000 |
| 2021-06 | Sunrise Banks National Association | Lov*****c.) | SAINT PAUL, MN | $350,000 |
| 2021-03 | Scale Bank | Pet*****LLC | MINNEAPOLIS, MN | $340,000 |
| 2021-03 | Highland Bank | Cre*****nc. | St. Paul, MN | $350,000 |
| 2021-03 | 21st Century Bank | REV*****LLC | SAINT PAUL, MN | $427,500 |
| 2021-02 | Red River State Bank | Mor*****LLC | FERTILE, MN | $40,000 |
| 2020-11 | Byline Bank | Spr*****LLP | MINNEAPOLIS, MN | $200,000 |
| 2020-08 | Village Bank | Add*****LLC | BLAINE, MN | $157,500 |
| 2020-08 | Security Bank USA | Sas*****LLC | BEMIDJI, MN | $5,000 |
| 2020-08 | BankCherokee | Wet*****ing | SAINT PAUL, MN | $220,000 |
| 2020-08 | BankCherokee | Wet*****ing | SAINT PAUL, MN | $150,000 |
| 2020-05 | BankCherokee | AUS*****ALS | SAINT PAUL, MN | $35,000 |
| 2020-04 | UMB Bank, National Association | DOG*****INC | SHAKOPEE, MN | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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