Minnesota Valley Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Minnesota Valley Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for Minnesota Valley Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 8 | $777K | 88.9% |
| Illinois (IL) | 1 | $500K | 11.1% |
Why Choose Minnesota Valley Bank?
Based on SBA 7(a) lending track record from 1991-1996
- ✓Proven Track Record: 9 SBA loans approved, totaling $1.3M in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 126 months
- ✓Loan Range: Loan sizes from $20K to $500K, with an average of $142K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MN, IL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Minnesota Valley Bank SBA lending
What types of businesses does Minnesota Valley Bank typically finance?
Minnesota Valley Bank specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Minnesota Valley Bank's typical SBA loan terms?
Minnesota Valley Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 126 months (approximately 11 years). Loan sizes range from $20K to $500K, with an average loan size of $142K.
Do I need a business valuation for a Minnesota Valley Bank SBA loan?
Yes, Minnesota Valley Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Minnesota Valley Bank compare to other SBA lenders?
Minnesota Valley Bank has originated 9 SBA loans totaling $1.3M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Minnesota Valley Bank lend in?
Minnesota Valley Bank provides SBA 7(a) financing with particularly strong presence in MN, IL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.