SBA Lending in Minneapolis, Minnesota
Businesses in Minneapolis, MN have drawn 5,880 SBA 7(a) loans worth $1.6B, and annual volume has fallen 7% versus the prior decade.
- 5,880
- 7(a) loans
- $1.6B
- Approved dollars
- $274,009
- Average loan size
- #1
- Rank in Minnesota
- -7%
- Annualized vs prior decade
- 8.1%
- Active-loan distress
Minneapolis is the #1 SBA 7(a) market in Minnesota and #19 in the country. Since 1991 lenders have approved 5,880 loans here worth $1.6B, averaging $274,009 each. Annual approval volume has fallen 7% between FY2013-2019 and FY2020-2026. 8.1% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.
What Minneapolis borrows for
Who lends in Minneapolis
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Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.