SBA Loans for Full-Service Restaurants in Minnesota: Top Lenders
NAICS 722NAICS 722 covers snack and nonalcoholic beverage bars businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
184
in Minnesota
Median Loan Size
$206,900
per approval
Recent Activity
15
last 90 days through Nov 2025
NAICS 722 covers snack and nonalcoholic beverage bars businesses. This is a moderately active sector for SBA 7(a) lending with 184 approvals and a median loan size of $206,900.
Key trends & insights
- Full-Service Restaurants in Minnesota loans skew smaller than the SBA average at $206,900 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 Full-Service Restaurants in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 16 | $245,200 | |
| 2 | 13 | $42,600 | |
| 3 | 11 | $113,000 | |
| 4 | 9 | $535,000 | |
| 5 | 7 | $425,000 | |
| 6 | 6 | $52,150 | |
| 7 | 6 | $492,500 | |
| 8 | 6 | $304,000 | |
| 9 | 5 | $325,000 | |
| 10 | 5 | $100,000 | |
| 11 | 4 | $312,500 | |
| 12 | 4 | $229,100 | |
| 13 | 4 | $669,200 | |
| 14 | 3 | $175,000 | |
| 15 | 3 | $342,000 | |
| 16 | 3 | $854,000 | |
| 17 | 3 | $746,000 | |
| 18 | 3 | $100,000 | |
| 19 | 3 | $25,000 | |
| 20 | 3 | $92,500 |
Recent SBA 7(a) approvals for Full-Service Restaurants in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | The Huntington National Bank | TZN*****LLC | MINNEAPOLIS, MN | $250,000 |
| 2025-12 | The Huntington National Bank | TZN*****LLC | MINNEAPOLIS, MN | $378,700 |
| 2025-12 | Hiawatha National Bank | PH *****LLC | MINNEAPOLIS, MN | $1,120,200 |
| 2025-12 | Byline Bank | Ale*****LLC | ANOKA, MN | $500,000 |
| 2025-12 | BankVista | U4I*****NC. | EXCELSIOR, MN | $100,000 |
| 2025-12 | Old National Bank | Blu*****nc. | Coon Rapids, MN | $4,660,500 |
| 2025-11 | Security Bank USA | Bla*****nc. | WALKER, MN | $100,000 |
| 2025-11 | Drake Bank | Hop*****.C. | BLAINE, MN | $468,000 |
| 2025-11 | Sunrise Banks National Association | Pho*****LLC | MINNEAPOLIS, MN | $1,523,700 |
| 2025-11 | Sunrise Banks National Association | Pas*****LLC | MINNEAPOLIS, MN | $50,000 |
| 2025-11 | Frandsen Bank and Trust | Lin*****ill | Montgomery, MN | $582,000 |
| 2025-11 | Scale Bank | The*****LLC | PRIOR LAKE, MN | $557,500 |
| 2025-11 | Minnwest Bank | FLO*****LLC | SAINT JOSEPH, MN | $218,000 |
| 2025-11 | Sunrise Banks National Association | Pas*****LLC | MINNEAPOLIS, MN | $461,000 |
| 2025-11 | U.S. Bank, National Association | K2 *****.C. | CHISAGO CITY, MN | $48,900 |
| 2025-11 | Frandsen Bank and Trust | Our*****LLC | Montgomery, MN | $582,000 |
| 2025-11 | U.S. Bank, National Association | SO***LLC | HUGO, MN | $30,000 |
| 2025-09 | Granite Bank | Duf*****nc. | Maple Grove, MN | $75,000 |
| 2025-09 | The Huntington National Bank | KIL*****LLC | MINNEAPOLIS, MN | $1,158,000 |
| 2025-09 | Choice Financial Group | Par*****LLC | Woodbury, MN | $1,664,000 |
| 2025-09 | BankVista | TAN*****LLC | FOREST LAKE, MN | $811,000 |
| 2025-08 | Associated Bank, National Association | HAB*****LLC | ST. PAUL, MN | $206,400 |
| 2025-08 | Frandsen Bank and Trust | The*****LLC | St Paul, MN | $326,300 |
| 2025-08 | The Huntington National Bank | CUT*****LLC | SAINT PAUL, MN | $150,000 |
| 2025-08 | U.S. Bank, National Association | MG ****LLC | MAPLE GROVE, MN | $35,000 |
| 2025-08 | Frandsen Bank and Trust | Pau*****LLC | St Paul, MN | $50,000 |
| 2025-08 | First Bank & Trust | R&L*****LLC | PIPESTONE, MN | $1,000,000 |
| 2025-08 | First Bank of the Lake | Cru***** MN | MINNEAPOLIS, MN | $3,044,000 |
| 2025-08 | First Bank & Trust | BAI*****LLC | ST PAUL, MN | $191,200 |
| 2025-08 | Newtek Bank, National Association | The*****ant | Montevideo, MN | $350,000 |
| 2025-08 | The Huntington National Bank | HEM*****nc. | BLOOMINGTON, MN | $100,000 |
| 2025-08 | The Huntington National Bank | HEM*****nc. | BLOOMINGTON, MN | $559,500 |
| 2025-07 | Ultima Bank Minnesota | NTM*****LLC | BAUDETTE, MN | $75,000 |
| 2025-07 | BankVista | Bra*****LLC | Saint Paul, MN | $881,000 |
| 2025-07 | Northeast Bank | Gio*****LLC | MINNEAPOLIS, MN | $100,000 |
| 2025-07 | Sunrise Banks National Association | Duc*****ted | MINNEAPOLIS, MN | $572,000 |
| 2025-07 | National Bank of Commerce | Sna*****LLC | PEQUOT LAKES, MN | $392,800 |
| 2025-06 | Northeast Bank | Bom*****LLC | MINNEAPOLIS, MN | $245,000 |
| 2025-06 | St Cloud Financial Credit Union | The*****LLC | Rockville, MN | $418,000 |
| 2025-06 | U.S. Bank, National Association | THE*****LLC | FARMINGTON, MN | $25,000 |
| 2025-06 | Platinum Bank | TRG*****LLC | EDINA, MN | $1,000,000 |
| 2025-06 | Readycap Lending, LLC | LOC*****NC. | Twin Cities, MN | $50,000 |
| 2025-06 | Drake Bank | Sav*****.C. | Savage, MN | $294,000 |
| 2025-06 | Drake Bank | Bla*****LLC | Blaine, MN | $302,600 |
| 2025-05 | BankCherokee | DHS*****LLC | MINNEAPOLIS, MN | $714,800 |
| 2025-05 | U.S. Bank, National Association | KIN*****INC | ANOKA, MN | $42,600 |
| 2025-05 | VisionBank | Nie*****LLC | Rockford, MN | $172,100 |
| 2025-05 | The Huntington National Bank | Leg*****LLC | Fridley, MN | $50,000 |
| 2025-05 | The Huntington National Bank | Leg*****LLC | Fridley, MN | $493,000 |
| 2025-05 | Wells Fargo Bank National Association | JAC*****LLC | MINNEAPOLIS, MN | $15,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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