SBA Loans for NAICS 457 in Minnesota: Top Lenders
NAICS 457Based on historical SBA 7(a) lending data.
Total Approvals
8
in Minnesota
Median Loan Size
$740,550
per approval
Recent Activity
2
last 90 days through Aug 2025
NAICS 457 encompasses naics 457 in minnesota businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $740,550.
Key trends & insights
- NAICS 457 in Minnesota lending is concentrated — American National Bank, Metro City Bank, OLD National Bank together account for 63% of all approvals. If you're in this industry, these are your highest-probability lenders.
- American National Bank leads this industry with 3 approvals (38% market share) and a median loan of $785,000.
- NAICS 457 in Minnesota loans run larger than the SBA average — a $740,550 median vs. ~$450,000 across all industries. These businesses typically need more capital.
Most active SBA lenders for NAICS 457 in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $785,000 | |
| 2 | 1 | $1,600,000 | |
| 3 | 1 | $622,000 | |
| 4 | 1 | $490,000 | |
| 5 | 1 | $1,560,000 | |
| 6 | 1 | $603,000 |
Recent SBA 7(a) approvals for NAICS 457 in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Old National Bank | OM *****any | KANDIYOHI, MN | $622,000 |
| 2025-06 | Frandsen Bank and Trust | New*****LLC | ELKO NEW MARKET, MN | $1,560,000 |
| 2025-03 | ProGrowth Bank | Ont*****LLC | Gaylord, MN | $490,000 |
| 2024-08 | Metro City Bank | LAH*****LLC | MINNEAPOLIS, MN | $1,600,000 |
| 2024-02 | Enterprise Bank & Trust | ON***TOP | Appleton, MN | $603,000 |
| 2023-11 | American National Bank | MN *****Inc | Minneapolis, MN | $1,090,000 |
| 2023-11 | American National Bank | MN *****Inc | Circle Pines, MN | $785,000 |
| 2022-12 | American National Bank | Fro*****any | Saint Paul, MN | $696,100 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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