The Northland Foundation
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Northland Foundation · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 312120 | Breweries | 3 | $600K | $200K | 42.9% |
| 722330 | Mobile Food Services | 2 | $325K | $163K | 28.6% |
| 623210 | Residential Intellectual and Developmental Disability Facilities | 1 | $250K | $250K | 14.3% |
| 722511 | Full-Service Restaurants | 1 | $240K | $240K | 14.3% |
Geographic Distribution
SBA lending activity for The Northland Foundation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 7 | $1.4M | 100.0% |
Why Choose The Northland Foundation?
Based on SBA 7(a) lending track record from 2017-2025
- ✓Proven Track Record: 7 SBA loans approved, totaling $1.4M in financing
- ✓Industry Expertise: Specialized focus on Breweries, Mobile Food Services, Residential Intellectual and Developmental Disability Facilities
- ✓Competitive Terms: Average interest rate of 6.43% with flexible term lengths averaging 170 months
- ✓Loan Range: Loan sizes from $75K to $250K, with an average of $202K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MN
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 The Northland Foundation SBA lending
What types of businesses does The Northland Foundation typically finance?
The Northland Foundation specializes in SBA 7(a) lending to specific industries including breweries, mobile food services, residential intellectual and developmental disability facilities, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Northland Foundation's typical SBA loan terms?
The Northland Foundation's SBA 7(a) loans typically feature an average interest rate of 6.43% and average term length of 170 months (approximately 14 years). Loan sizes range from $75K to $250K, with an average loan size of $202K.
Do I need a business valuation for a The Northland Foundation SBA loan?
Yes, The Northland Foundation 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 The Northland Foundation compare to other SBA lenders?
The Northland Foundation has originated 7 SBA loans totaling $1.4M since 2017. 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 The Northland Foundation lend in?
The Northland Foundation provides SBA 7(a) financing with particularly strong presence in MN. 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.