SBA Loans for General Warehousing and Storage in Minnesota: Top Lenders
NAICS 493NAICS 493 covers general warehousing and storage businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Minnesota
Median Loan Size
$4,217,500
per approval
Recent Activity
0
last 90 days through Aug 2023
NAICS 493 covers general warehousing and storage businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $4,217,500.
Key trends & insights
- General Warehousing and Storage in Minnesota loans run larger than the SBA average — a $4,217,500 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- 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 General Warehousing and Storage in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $4,217,500 |
Recent SBA 7(a) approvals for General Warehousing and Storage in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-08 | First Bank & Trust | KSP*****LLC | Brooklyn Park, MN | $4,217,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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