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MinnesotaElk River

Top SBA Lenders in Elk River, MN

93 approved SBA 7(a) loans in Elk River from FY2021 through FY2026, averaging $414K per loan — 6% lower than the Minnesota state average. U.S. Bank, National Association leads local lenders with 13 loans.

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93
Approved loans in Elk River
$414K
Average loan size
6% lower
vs. Minnesota average

The most active SBA lender in Elk River is U.S. Bank, National Association with 13 approved loans, which may differ from the busiest lender statewide. Local track record matters: a lender that closes regularly in your city already knows the market.

Source: SBA FOIA 7(a) loan-level data, FY2021–FY2026, by borrower city. Cities with fewer than 50 approved loans in this period are not shown.

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