SBA Loans for Securities Brokerage in Minnesota: Top Lenders
NAICS 523NAICS 523 covers securities brokerage businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
6
in Minnesota
Median Loan Size
$242,250
per approval
Recent Activity
0
last 90 days through Dec 2024
NAICS 523 covers securities brokerage businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $242,250.
Key trends & insights
- Securities Brokerage in Minnesota lending is concentrated — U.s. Bank, National Association, Hanover Community Bank, Bell Bank together account for 67% of all approvals. If you're in this industry, these are your highest-probability lenders.
- U.s. Bank, National Association leads this industry with 2 approvals (33% market share) and a median loan of $32,500.
- SBA data for this industry goes through 2024-12-12 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Securities Brokerage in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $32,500 | |
| 2 | 1 | $592,600 | |
| 3 | 1 | $409,500 | |
| 4 | 1 | $75,000 | |
| 5 | 1 | $1,185,000 |
Recent SBA 7(a) approvals for Securities Brokerage in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | MY CU | Joh*****.C. | MINNEAPOLIS, MN | $30,000 |
| 2025-08 | JPMorgan Chase Bank, National Association | Sum*****Llc | HOPKINS, MN | $475,000 |
| 2025-03 | Choice Financial Group | Sch*****nc. | Maple Grove, MN | $1,331,000 |
| 2025-03 | Northeast Bank | Ken*****LLC | Minnetrista, MN | $200,000 |
| 2025-02 | Byline Bank | End***** C. | Saint Paul, MN | $350,000 |
| 2025-02 | Gateway Bank | Cir*****.C. | MINNEAPOLIS, MN | $500,000 |
| 2024-12 | Hanover Community Bank | Mat*****uts | Plymouth, MN | $592,600 |
| 2024-09 | Village Bank | SP****LLC | OSSEO, MN | $458,000 |
| 2024-06 | Live Oak Banking Company | Nep*****nc. | SAVAGE, MN | $500,000 |
| 2024-03 | 21st Century Bank | Wil*****LLC | SAINT PAUL, MN | $350,000 |
| 2024-02 | U.S. Bank, National Association | TYR****LLC | MINNEAPOLIS, MN | $50,000 |
| 2023-06 | The Huntington National Bank | Fin*****LLC | Crystal, MN | $30,000 |
| 2023-04 | U.S. Bank, National Association | BOL*****LLC | MINNEAPOLIS, MN | $50,000 |
| 2023-03 | First State Bank Nebraska | Chr*****oot | Edina, MN | $75,000 |
| 2023-03 | U.S. Bank, National Association | NOR*****NC. | LAKE ELMO, MN | $44,000 |
| 2023-01 | Bell Bank | Mid*****LLC | ADA, MN | $409,500 |
| 2022-12 | The State Bank of Faribault | NIC*****KEN | MINNETONKA, MN | $70,000 |
| 2022-11 | Platinum Bank | Emp*****LLC | MINNEAPOLIS, MN | $200,000 |
| 2022-09 | U.S. Bank, National Association | JES*****SON | MINNEAPOLIS, MN | $23,600 |
| 2022-08 | Luminate Bank | Ban*****LLC | Minneapolis, MN | $150,000 |
| 2022-05 | Falcon National Bank | Kee*****LLC | Edina, MN | $392,000 |
| 2022-01 | U.S. Bank, National Association | BRA*****MAN | MAPLE GROVE, MN | $40,000 |
| 2022-01 | Magnifi Financial CU | Ele*****LLC | MINNEAPOLIS, MN | $150,000 |
| 2021-12 | Live Oak Banking Company | Mar*****LLC | DULUTH, MN | $730,000 |
| 2021-12 | U.S. Bank, National Association | SQP*****LLC | HOPKINS, MN | $369,000 |
| 2021-09 | Choice Financial Group | Sch*****nc. | Maple Grove, MN | $1,425,000 |
| 2021-09 | Byline Bank | Gre*****LLC | SHOREVIEW, MN | $165,000 |
| 2021-09 | Tradition Capital Bank | Cap*****nc. | Eden Prairie, MN | $1,362,800 |
| 2021-09 | Byline Bank | GPS*****LLC | WAYZATA, MN | $625,000 |
| 2021-08 | Ultima Bank Minnesota | Nor*****LLC | FOSSTON, MN | $75,000 |
| 2021-08 | Old National Bank | Her*****LLC | SAINT PAUL, MN | $129,600 |
| 2021-03 | Five Star Bank | Ram*****LLC | SAINT PAUL, MN | $90,000 |
| 2021-03 | Live Oak Banking Company | JMa*****LLC | MAPLE GROVE, MN | $1,185,000 |
| 2020-10 | 21st Century Bank | Sto*****nc. | EDINA, MN | $320,000 |
| 2020-09 | BankVista | New*****LLC | MINNEAPOLIS, MN | $194,400 |
| 2020-09 | The Bank of Elk River | PRG*****nc. | Osseo, MN | $150,000 |
| 2020-09 | Old National Bank | TNT*****LLC | MINNEAPOLIS, MN | $1,164,600 |
| 2020-09 | First Savings Bank | Ele*****LLC | HOPKINS, MN | $150,000 |
| 2020-08 | Live Oak Banking Company | Enc*****ors | MINNEAPOLIS, MN | $2,143,000 |
| 2020-03 | U.S. Bank, National Association | BEN*****IAL | SAINT PAUL, MN | $15,000 |
| 2019-12 | Woodlands National Bank | Sta*****Inc | Minneapolis, MN | $75,000 |
| 2019-12 | VisionBank | Fin*****LLC | Minneapolis, MN | $50,000 |
| 2019-10 | Harvest Small Business Finance, LLC | J. *****nc. | MAPLE GROVE, MN | $284,700 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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