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Residential Remodelers: SBA acquisition loans in Minnesota
5 SBA-financed business acquisitions in Minnesota classified as Residential Remodelers, FY2024–FY2026. Median loan $1.0M. See which lenders did them.
- Acquisitions financed
- 5
- Total approved
- $5.0M
- Median loan
- $1.0M
- Middle half of loans
- $499K to $1.4M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 5 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 | First Resource Bank | 2 | 40% | $1.4M | $2.7M |
| 2 | Coulee Bank | 1 | 20% | $1.4M | $1.4M |
| 3 | BankVista | 1 | 20% | $499K | $499K |
| 4 | Bell Bank | 1 | 20% | $350K | $350K |
For comparison, the same industry nationwide: 148 loans, median $702K, median starting rate 9.50%. See Residential Remodelers 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.