SHANE PIERSON · SBA DATA
SBA by City · St. Paul, MN

SBA Lending in St. Paul, Minnesota

Businesses in St. Paul, MN have drawn 883 SBA 7(a) loans worth $226M, and annual volume has fallen 70% versus the prior decade.

883
7(a) loans
$226M
Approved dollars
$256,021
Average loan size
#3
Rank in Minnesota
-70%
Annualized vs prior decade
7.7%
Active-loan distress

St. Paul is the #3 SBA 7(a) market in Minnesota and #231 in the country. Since 1991 lenders have approved 883 loans here worth $226M, averaging $256,021 each. Annual approval volume has fallen 70% between FY2013-2019 and FY2020-2026. 7.7% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

What St. Paul borrows for

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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.