Acquisition Lender Index

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All Other Specialty Trade Contractors: SBA acquisition loans in Minnesota

23 SBA-financed business acquisitions in Minnesota classified as All Other Specialty Trade Contractors, FY2024–FY2026. Median loan $493K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
23
Total approved
$24.0M
Median loan
$493K
Middle half of loans
$267K to $1.4M
Median starting rate
10.00%
Median term
10 yrs

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Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 The Huntington National Bank 835%$246K$2.1M
2 Old National Bank 626%$1.4M$10.4M
3 Falcon National Bank 29%$206K$411K
4 Lake Elmo Bank 14%$5.0M$5.0M
5 CCFBank National Association 14%$2.4M$2.4M
6 American Federal Bank 14%$2.0M$2.0M
7 First Resource Bank 14%$855K$855K
8 BankVista 14%$337K$337K
9 Deerwood Bank 14%$309K$309K
10 Minnwest Bank 14%$225K$225K

For comparison, the same industry nationwide: 475 loans, median $710K, median starting rate 9.50%. See All Other Specialty Trade Contractors in every state.

Deals by SBA fiscal year

FY20194 loans, $3.2M
FY20203 loans, $3.5M
FY20216 loans, $4.8M
FY20228 loans, $10.6M
FY20231 loans, $828K
FY202410 loans, $15.5M
FY202511 loans, $7.4M
FY20262 loans, $1.2M

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.