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SBA Loans in Minneapolis, MN

Businesses in Minneapolis, MN have closed 2,737 SBA loans worth $1.1B in approved capital since 2016 , supporting 34,862 local jobs. The average Minneapolis SBA loan is $413K. PeerSense reads the local lending data and matches you to the SBA lender most likely to fund your deal.

Data updated June 2026. Source: SBA 7(a) and 504 loan records, 2016 to present.

2,737

SBA Loans Funded

$1.1B

Capital Deployed

$413K

Average Loan

34,862

Jobs Supported

3%

Charge Off Rate

Most active Minneapolis industries for SBA financing

Full-Service Restaurants180 loans
Limited-Service Restaurants83 loans
Fitness and Recreational Sports Centers57 loans
Home Health Care Services55 loans
Landscaping Services52 loans

SBA lenders actively funding MN deals

Ranked by real funding activity in MN. PeerSense reads this match and routes your deal to the lender most likely to approve and price it. You work with us, not a call list.

Get matched to an SBA lender in Minneapolis.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a Minneapolis deal, local or national.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

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How to get an SBA loan in Minneapolis

SBA loans in Minneapolis, MN are not limited to local banks. SBA 7(a) and 504 loans can be funded by national lenders and preferred lenders anywhere in the country, and the right out of market lender often beats a local bank on rate, term, and speed to close. What matters is matching your industry, loan size, and structure to a lender that actively funds deals like yours.

With 2,737 loans and $1.1B of approved capital on record, Minneapolis has a deep, lender friendly track record. PeerSense uses that history to route your deal to the lender most likely to approve it, then stays with you through closing.