SBA Loans for Remediation Services in Minnesota: Top Lenders
NAICS 562NAICS 562 covers remediation services businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
13
in Minnesota
Median Loan Size
$181,500
per approval
Recent Activity
2
last 90 days through Nov 2025
NAICS 562 covers remediation services businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $181,500.
Key trends & insights
- Falcon National Bank leads this industry with 4 approvals (31% market share) and a median loan of $205,500.
- Remediation Services in Minnesota loans skew smaller than the SBA average at $181,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Remediation Services in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $205,500 | |
| 2 | 1 | $150,000 | |
| 3 | 1 | $39,500 | |
| 4 | 1 | $80,000 | |
| 5 | 1 | $40,000 | |
| 6 | 1 | $186,600 | |
| 7 | 1 | $377,500 | |
| 8 | 1 | $581,000 | |
| 9 | 1 | $181,500 | |
| 10 | 1 | $669,000 |
Recent SBA 7(a) approvals for Remediation Services in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Falcon National Bank | Aqu*****LLC | BURTRUM, MN | $50,000 |
| 2025-11 | Falcon National Bank | Aqu*****LLC | BURTRUM, MN | $75,000 |
| 2025-02 | CorTrust Bank National Association | NML*****LLC | COTTAGE GROVE, MN | $40,000 |
| 2024-08 | Platinum Bank | QUB*****LLC | MINNEAPOLIS, MN | $186,600 |
| 2023-12 | Northeast Bank | Pat*****LLC | MINNEAPOLIS, MN | $377,500 |
| 2023-06 | U.S. Bank, National Association | LAK*****NC. | ELK RIVER, MN | $39,500 |
| 2021-08 | Scale Bank | Twi*****LLC | MINNEAPOLIS, MN | $181,500 |
| 2021-07 | Celtic Bank Corporation | red*****tro | Prior Lake, MN | $669,000 |
| 2021-02 | Citizens Bank | Can*****LLC | SAINT PAUL, MN | $581,000 |
| 2020-11 | The Bank of Elk River | Aff*****nc. | Elk River, MN | $80,000 |
| 2020-08 | Falcon National Bank | Roc*****LLC | FRIDLEY, MN | $336,000 |
| 2020-08 | Falcon National Bank | Gra*****nc. | SAINT CLOUD, MN | $1,238,200 |
| 2020-07 | Choice Financial Group | LeP*****nc. | Bethel, MN | $2,000,000 |
| 2020-07 | Choice Financial Group | LeP*****nc. | Bethel, MN | $150,000 |
| 2020-01 | Newtek Small Business Finance, Inc. | A1 *****LLC | EDEN PRAIRIE, MN | $345,000 |
| 2019-11 | United Midwest Savings Bank National Association | SKY*****aul | Oakdale, MN | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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