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Bank · St. Louis Park, MN

Bridgewater Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
36
SBA loans approved
$22.0M
Total approved
$350,000
Median loan
7
States lent in
47%
To startups
#667
National rank by loans

Bridgewater Bank approved 36 SBA loans worth $22.0M between October 2021 and June 2026, ranking #667 of 2,283 SBA lenders nationally by loan count. Its median loan was $350,000, and 47% went to startups or businesses under two years old. It lent in 7 states, most often in Minnesota, and its most financed industry was other services (repair, personal care).

SBA loans per fiscal year

03710FY14: 1 loansFY14FY15: 1 loansFY15FY16FY17: 1 loansFY17FY18: 3 loansFY18FY19: 7 loansFY19FY20: 8 loansFY20FY21: 4 loansFY21FY22: 8 loansFY22FY23: 5 loansFY23FY24: 6 loansFY24FY25: 8 loansFY25FY26 (Oct to Jun): 9 loansFY269
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Bridgewater Bank lends

StateLoansApprovedMedian loanRank in state
Minnesota30$18.6M$343,500#52
Colorado1$395K$394,800#233
Arizona1$425K$425,000#208
District of Columbia1$796K$796,300#85
Illinois1$522K$522,100#288
North Dakota1$800K$800,000#78
Wisconsin1$414K$414,000#252

Industries Bridgewater Bank finances

IndustryLoansShareMedian loan
Other services (repair, personal care)8
22%
$467,000
Arts, entertainment and recreation6
17%
$403,000
Construction5
14%
$177,000
Professional and technical services4
11%
$343,500
Health care and social assistance3
8%
$707,000
Real estate and rental2
6%
$137,500
Manufacturing2
6%
$275,000
Finance and insurance2
6%
$292,100
Education1
3%
$2,332,000
Administrative and support services1
3%
$800,000
Loan size mix
  • Under $150,00011%
  • $150,000 to $500,00056%
  • $500,000 to $2 million25%
  • $2 million and up8%
Loan programs used
  • Preferred Lender (PLP)47%
  • SBA Express42%
  • Standard 7(a)11%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.