Home MarketsMinnesota Local market
Sporting Goods Retailers: SBA acquisition loans in Minnesota
6 SBA-financed business acquisitions in Minnesota classified as Sporting Goods Retailers, FY2024–FY2026. Median loan $372K. See which lenders did them.
- Acquisitions financed
- 6
- Total approved
- $4.7M
- Median loan
- $372K
- Middle half of loans
- $127K to $746K
- Median starting rate
- 9.88%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 6 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 | The Huntington National Bank | 2 | 33% | $458K | $916K |
| 2 | Minnwest Bank | 2 | 33% | $205K | $410K |
| 3 | BankVista | 1 | 17% | $3.0M | $3.0M |
| 4 | Drake Bank | 1 | 17% | $358K | $358K |
For comparison, the same industry nationwide: 105 loans, median $400K, median starting rate 9.50%. See Sporting Goods 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.