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Clothing and Clothing Accessories Retailers: SBA acquisition loans in Minnesota
7 SBA-financed business acquisitions in Minnesota classified as Clothing and Clothing Accessories Retailers, FY2024–FY2026. Median loan $199K. See which lenders did them.
- Acquisitions financed
- 7
- Total approved
- $2.2M
- Median loan
- $199K
- Middle half of loans
- $119K to $532K
- Median starting rate
- 9.25%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 7 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 | Merchants Bank, National Association | 2 | 29% | $270K | $539K |
| 2 | The Huntington National Bank | 2 | 29% | $109K | $219K |
| 3 | VelocitySBA, LLC | 1 | 14% | $705K | $705K |
| 4 | Colony Bank | 1 | 14% | $579K | $579K |
| 5 | Banesco USA | 1 | 14% | $185K | $185K |
For comparison, the same industry nationwide: 100 loans, median $489K, median starting rate 9.38%. See Clothing and Clothing Accessories Retailers 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.