SHANE PIERSON · SBA DATA
SBA by City · Minneapolis, MN

SBA Lending in Minneapolis, Minnesota

The SBA FOIA record lists 5,880 7(a) approvals worth $1.6B for businesses in Minneapolis, MN, 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
7.3%
Active-status distress

Minneapolis is the #1 SBA 7(a) market in Minnesota and #19 in the country. Since 1991 the FOIA record lists 5,880 approvals here worth $1.6B, averaging $274,009 each. Annual approval volume has fallen 7% between FY2013-2019 and FY2020-2026. Among 1,152 active-status loans, 7.3% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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