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All Other Personal Services: SBA acquisition loans in Minnesota
8 SBA-financed business acquisitions in Minnesota classified as All Other Personal Services, FY2024–FY2026. Median loan $360K. See which lenders did them.
- Acquisitions financed
- 8
- Total approved
- $4.0M
- Median loan
- $360K
- Middle half of loans
- $321K to $522K
- Median starting rate
- 9.00%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 8 recorded approvals in FY2024–FY2026. For a broader comparison, open the Minnesota state profile or the national industry profile.
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | United Prairie Bank | 1 | 12% | $1.1M | $1.1M |
| 2 | Drake Bank | 1 | 12% | $914K | $914K |
| 3 | BankVista | 1 | 12% | $392K | $392K |
| 4 | CCFBank National Association | 1 | 12% | $371K | $371K |
| 5 | Security Bank & Trust Company | 1 | 12% | $350K | $350K |
| 6 | Falcon National Bank | 1 | 12% | $322K | $322K |
| 7 | Lake Elmo Bank | 1 | 12% | $318K | $318K |
| 8 | Frandsen Bank and Trust | 1 | 12% | $219K | $219K |
For comparison, the same industry nationwide: 183 loans, median $477K, median starting rate 9.50%. See All Other Personal Services in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.