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SBA lenders in Stillwater, MN

SBA 7(a) and 504 loans to businesses in Stillwater (Washington County), October 2021 to June 30, 2026 · Updated October 15, 2026
65
SBA loans approved
$26.4M
Total approved
$150,000
Median loan
30
Lenders active
46%
To startups

65 SBA loans worth $26.4M went to businesses in Stillwater, MN between October 2021 and June 2026, from 30 lenders. U.S. Bank made the most, 9 loans. The median loan was $150,000, compared with $212,000 across Minnesota, and other services (repair, personal care) was the most financed industry.

Most active SBA lenders in Stillwater

#LenderLoansApprovedMedian loanTo startups
1U.S. Bank
Bank · Cincinnati, OH
9$1.2M$30,00056%
2Platinum Bank
Bank · Oakdale, MN
4$5.3M$1,312,75025%
3Twin Cities-Metro Certified Development
Certified development company · Vadnais Heights, MN
4$2.2M$577,00025%
4First Resource Bank
Bank · Lino Lakes, MN
4$860K$150,00025%
5Huntington National Bank
Bank · Columbus, OH
4$804K$189,6500%
6Wells Fargo Bank
Bank · Sioux Falls, SD
4$70K$15,000100%
7Choice Financial Group
Bank · Fargo, ND
3$2.8M$350,0000%
8Hiawatha National Bank
Bank · Hager City, WI
3$1.4M$200,000100%
9Citizens State Bank
Bank · Hudson, WI
3$265K$90,000100%
10BankVista
Bank · Sartell, MN
2$2.1M$1,038,1000%
11Lake Elmo Bank
Bank · Lake Elmo, MN
2$1.6M$806,6000%
12Falcon National Bank
Bank · Foley, MN
2$1.2M$612,50050%
13Bell Bank
Bank · Fargo, ND
2$350K$174,8500%
14Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$154K$77,0000%
15First National Community Bank
Bank · New Richmond, WI
2$135K$67,500100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Stillwater. For 504 loans the lender shown is the certified development company.

What gets financed in Stillwater

IndustryLoansShareMedian loanMost active lender
Other services (repair, personal care)12
18%
$75,000Wells Fargo Bank
Health care and social assistance10
15%
$375,000U.S. Bank
Restaurants and hotels9
14%
$200,000U.S. Bank
Construction9
14%
$200,000U.S. Bank
Administrative and support services6
9%
$131,600Falcon National Bank
Arts, entertainment and recreation6
9%
$212,350Bell Bank
Retail4
6%
$420,950Seacoast National Bank
Professional and technical services3
5%
$300,000Wells Fargo Bank
Loan size mix
  • Under $150,00049%
  • $150,000 to $500,00028%
  • $500,000 to $2 million20%
  • $2 million and up3%
Compared with Minnesota
Median loan, Stillwater
$150,000
Median loan, Minnesota
$212,000
Startup share, Stillwater
46%
Startup share, Minnesota
35%
Share of state's SBA loans
0.8%

SBA loans per fiscal year in Stillwater

0102030FY14: 14 loansFY14FY15: 17 loansFY15FY16: 22 loansFY16FY17: 7 loansFY17FY18: 11 loansFY18FY19: 14 loansFY19FY20: 18 loansFY20FY21: 17 loansFY21FY22: 9 loansFY22FY23: 23 loansFY2323FY24: 18 loansFY24FY25: 5 loansFY25FY26 (Oct to Jun): 10 loansFY2610
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
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.