121 SBA loans worth $50.2M went to businesses in Hopkins, MN between October 2021 and June 2026, from 43 lenders. U.S. Bank made the most, 18 loans. The median loan was $200,000, compared with $212,000 across Minnesota, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | U.S. Bank Bank · Cincinnati, OH | 18 | $5.9M | $40,000 | 17% |
| 2 | Huntington National Bank Bank · Columbus, OH | 10 | $2.8M | $87,500 | 60% |
| 3 | BankVista Bank · Sartell, MN | 8 | $1.3M | $189,200 | 12% |
| 4 | Old National Bank Bank · Evansville, IN | 7 | $4.2M | $500,000 | 43% |
| 5 | Platinum Bank Bank · Oakdale, MN | 6 | $1.7M | $169,000 | 0% |
| 6 | Sunrise Banks Bank · Sioux Falls, SD | 6 | $579K | $50,000 | 100% |
| 7 | Twin Cities-Metro Certified Development Certified development company · Vadnais Heights, MN | 5 | $2.9M | $524,000 | 0% |
| 8 | Amplio Economic Development Certified development company · Arden Hills, MN | 5 | $2.4M | $506,000 | 0% |
| 9 | First Bank & Trust Bank · Brookings, SD | 5 | $1.8M | $325,500 | 100% |
| 10 | Bell Bank Bank · Fargo, ND | 4 | $8.0M | $1,431,150 | 25% |
| 11 | Midwest Business Finance Certified development company · St. Cloud, MN | 3 | $1.5M | $598,000 | 33% |
| 12 | First Western Bank & Trust Bank · Minot, ND | 3 | $135K | $45,000 | 0% |
| 13 | First Resource Bank Bank · Lino Lakes, MN | 2 | $3.1M | $1,532,500 | 0% |
| 14 | Live Oak Banking Bank · Wilmington, NC | 2 | $2.2M | $1,125,000 | 0% |
| 15 | Newtek Bank Bank · Miami, FL | 2 | $1.1M | $550,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 24 | $202,000 | Amplio Economic Development | |
| Professional and technical services | 22 | $300,000 | U.S. Bank | |
| Construction | 12 | $237,500 | Old National Bank | |
| Other services (repair, personal care) | 11 | $75,000 | Huntington National Bank | |
| Restaurants and hotels | 10 | $220,000 | Community Resource Bank | |
| Health care and social assistance | 10 | $283,950 | BankVista | |
| Arts, entertainment and recreation | 7 | $40,000 | U.S. Bank | |
| Wholesale trade | 6 | $275,000 | Old National Bank |