SBA Loans for Other Technical and Trade Schools in Minnesota: Top Lenders
NAICS 611NAICS 611 covers other technical and trade schools businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
37
in Minnesota
Median Loan Size
$90,000
per approval
Recent Activity
2
last 90 days through Aug 2025
NAICS 611 covers other technical and trade schools businesses. This is a smaller category in SBA 7(a) lending with 37 approvals on record and a median loan size of $90,000.
Key trends & insights
- Other Technical and Trade Schools in Minnesota loans skew smaller than the SBA average at $90,000 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 Other Technical and Trade Schools in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $115,000 | |
| 2 | 4 | $50,000 | |
| 3 | 2 | $57,500 | |
| 4 | 2 | $500,000 | |
| 5 | 2 | $50,000 | |
| 6 | 2 | $220,000 | |
| 7 | 2 | $62,500 | |
| 8 | 2 | $298,500 | |
| 9 | 1 | $17,500 | |
| 10 | 1 | $85,000 | |
| 11 | 1 | $172,000 | |
| 12 | 1 | $15,000 | |
| 13 | 1 | $92,500 | |
| 14 | 1 | $15,000 | |
| 15 | 1 | $363,700 | |
| 16 | 1 | $150,000 | |
| 17 | 1 | $2,729,000 | |
| 18 | 1 | $200,000 | |
| 19 | 1 | $10,500 | |
| 20 | 1 | $60,000 |
Recent SBA 7(a) approvals for Other Technical and Trade Schools in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Old National Bank | Hit*****LLC | Plymouth, MN | $50,000 |
| 2025-12 | Old National Bank | Hit*****LLC | MINNEAPOLIS, MN | $107,000 |
| 2025-11 | Wells Fargo Bank National Association | Roo*****LLC | Blaine, MN | $669,800 |
| 2025-09 | Old National Bank | So *****LLC | MAPLE GROVE, MN | $335,500 |
| 2025-09 | Newtek Bank, National Association | Sem*****LLC | Mora, MN | $575,000 |
| 2025-08 | The Huntington National Bank | FLI*****LLC | MINNEAPOLIS, MN | $100,000 |
| 2025-08 | The Huntington National Bank | FLI*****LLC | MINNEAPOLIS, MN | $25,000 |
| 2025-08 | Bank of America, National Association | Lea*****LLC | MINNEAPOLIS, MN | $363,700 |
| 2025-08 | U.S. Bank, National Association | SMC****L C | SAINT PAUL, MN | $80,000 |
| 2025-05 | BankCherokee | MyP****LLC | LORETTO, MN | $200,000 |
| 2025-04 | Mid Minnesota FCU | T&M*****LLC | WADENA, MN | $196,000 |
| 2025-04 | Alerus Financial, National Association | ONE*****LLC | Rochester, MN | $3,215,500 |
| 2025-04 | Choice Financial Group | D1 *****ove | Maple Grove, MN | $500,000 |
| 2025-04 | Northeast Bank | Bri*****rds | Brooklyn Park, MN | $17,500 |
| 2025-03 | U.S. Bank, National Association | Lar*****LLC | SAINT PAUL, MN | $150,000 |
| 2025-02 | The Huntington National Bank | ART*****LLC | EXCELSIOR, MN | $50,000 |
| 2025-01 | Live Oak Banking Company | SH****LLC | ROCHESTER, MN | $2,530,000 |
| 2025-01 | U.S. Bank, National Association | Res*****LLC | White Bear Lake, MN | $1,243,900 |
| 2025-01 | Newtek Bank, National Association | Spe*****LLC | SARTELL, MN | $25,000 |
| 2024-12 | 21st Century Bank | AJM****LLC | VICTORIA, MN | $100,000 |
| 2024-12 | The Bank of Elk River | Doj*****Inc | MINNEAPOLIS, MN | $319,500 |
| 2024-11 | Drake Bank | Int*****.C. | SAINT PAUL, MN | $90,700 |
| 2024-10 | CorTrust Bank National Association | COM*****LLC | SAINT FRANCIS, MN | $170,000 |
| 2024-09 | Wells Fargo Bank National Association | Boo*****LLC | SAINT PAUL, MN | $142,000 |
| 2024-08 | Newtek Bank, National Association | Ali*****LLC | WAVERLY, MN | $15,000 |
| 2024-08 | First Bank of the Lake | Bri*****tro | MINNEAPOLIS, MN | $172,000 |
| 2024-08 | Alerus Financial, National Association | At *****nc. | AUSTIN, MN | $85,000 |
| 2024-07 | Readycap Lending, LLC | Int*****LLC | MINNEAPOLIS, MN | $15,000 |
| 2024-07 | U.S. Bank, National Association | WAR*****LLC | SAINT PAUL, MN | $39,000 |
| 2024-06 | Platinum Bank | Eco*****LLC | MINNEAPOLIS, MN | $900,000 |
| 2024-06 | Platinum Bank | Eco*****LLC | MINNEAPOLIS, MN | $100,000 |
| 2024-06 | Woodlands National Bank | Coo*****nc. | SAINT PAUL, MN | $350,000 |
| 2024-04 | The Huntington National Bank | TVP*****LLC | MINNEAPOLIS, MN | $150,000 |
| 2024-03 | Wells Fargo Bank National Association | DEV*****LLC | ROSEMOUNT, MN | $15,000 |
| 2024-02 | The Huntington National Bank | 360*****LLC | MINNETONKA, MN | $50,000 |
| 2024-02 | The Huntington National Bank | 360*****LLC | MINNETONKA, MN | $10,000 |
| 2024-01 | Lendistry SBLC, LLC | Kid*****ury | Woodbury, MN | $585,100 |
| 2024-01 | BankVista | MN *****LLC | CHASKA, MN | $25,000 |
| 2024-01 | BankVista | MN *****LLC | CHASKA, MN | $153,100 |
| 2023-12 | National Bank of Commerce | Hea*****LLC | Saint Paul, MN | $371,000 |
| 2023-11 | Bridgewater Bank | DSH*****LLC | Lakeville, MN | $2,332,000 |
| 2023-10 | The Bank of Elk River | TMT*****ted | EDEN PRAIRIE, MN | $315,000 |
| 2023-09 | Community Resource Bank | Def*****LLC | MINNEAPOLIS, MN | $130,000 |
| 2023-09 | The Huntington National Bank | THE*****LLC | Wayzata, MN | $50,000 |
| 2023-08 | Bravera Bank | Sou*****LLC | Saint Michael, MN | $60,000 |
| 2023-07 | Wells Fargo Bank National Association | DRI*****LLC | BROOKLYN PARK, MN | $10,000 |
| 2023-07 | U.S. Bank, National Association | DRD*****LLC | OSSEO, MN | $40,000 |
| 2023-06 | Citizens State Bank of La Crosse | Dan*****LLC | WAYZATA, MN | $35,000 |
| 2023-06 | Citizens State Bank of La Crosse | Dan*****LLC | Wayzata, MN | $268,500 |
| 2023-05 | First Bank & Trust | RAC*****LLC | St Paul, MN | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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