GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
315
2010–2026
Total Volume
$246M
Gross loan amounts
States Active
6
With recorded loans
Programs
504
315 total segments
Central Minnesota Development is a 504-only lender, focusing entirely on real estate and equipment financing, which is beneficial for established businesses looking to expand or upgrade.
With an average deal size of $779,416, this lender is well-suited for businesses needing substantial funding, particularly in the $150K-$1M range where they have completed 100 deals.
The lender has shown impressive growth with a 69% year-over-year increase in deals, indicating a strong demand for their services and a potential willingness to lend more in the future.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 315 504 loans, which use fixed SBA debenture rates.
States where Central Minnesota Development has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Restaurants & Food Service
Accommodation & Food Services
Other Health Practitioners
Health Care & Social Assistance
Auto Repair & Maintenance
Other Services
Physician & Dental Offices
Health Care & Social Assistance
Social Assistance
Health Care & Social Assistance
Nursing & Residential Care
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Central Minnesota Development, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Manufacturing · $500K – $1M | 504 | 20 | — | $764K | Q4 2025 |
| Minnesota · Manufacturing · $1M – $2M | 504 | 18 | — | $1.4M | Q2 2025 |
| Minnesota · Manufacturing · $150K – $350K | 504 | 15 | — | $265K | Q3 2025 |
| Minnesota · Specialty Trade Contractors · $500K – $1M | 504 | 10 | — | $675K | Q1 2023 |
| Minnesota · Manufacturing · $350K – $500K | 504 | 10 | — | $409K | Q3 2021 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 504 | 9 | — | $265K | Q4 2022 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 504 | 8 | — | $698K | Q4 2024 |
| Minnesota · Auto Repair & Maintenance · $150K – $350K | 504 | 7 | — | $216K | Q4 2022 |
| Minnesota · Other Health Practitioners · $150K – $350K | 504 | 6 | — | $242K | Q3 2025 |
| Minnesota · Building Construction · $150K – $350K | 504 | 6 | — | $230K | Q1 2024 |
| Minnesota · Specialty Trade Contractors · $350K – $500K | 504 | 6 | — | $412K | Q4 2025 |
| Minnesota · Auto Dealers & Parts · $150K – $350K | 504 | 5 | — | $245K | Q1 2025 |
| Minnesota · Other Repair & Services · $150K – $350K | 504 | 5 | — | $246K | Q2 2023 |
| Minnesota · Specialty Trade Contractors · $150K – $350K | 504 | 5 | — | $257K | Q4 2024 |
| Minnesota · Gas Stations · $150K – $350K | 504 | 5 | — | $267K | Q3 2020 |
| Minnesota · Administrative & Waste Services · $500K – $1M | 504 | 4 | — | $716K | Q2 2022 |
| Minnesota · Other Health Practitioners · $500K – $1M | 504 | 4 | — | $718K | Q2 2025 |
| Minnesota · Specialty Trade Contractors · Under $150K | 504 | 4 | — | $95K | Q4 2018 |
| Minnesota · Physician & Dental Offices · $500K – $1M | 504 | 4 | — | $760K | Q4 2021 |
| Minnesota · Manufacturing · $2M – $5M | 504 | 4 | — | $3.4M | Q3 2021 |
| Minnesota · Social Assistance · $500K – $1M | 504 | 4 | — | $704K | Q3 2024 |
| Minnesota · Nursing & Residential Care · $500K – $1M | 504 | 4 | — | $754K | Q3 2018 |
| Minnesota · Social Assistance · $350K – $500K | 504 | 3 | — | $466K | Q1 2021 |
| Minnesota · Auto Repair & Maintenance · $500K – $1M | 504 | 3 | — | $558K | Q4 2020 |
| Minnesota · Physician & Dental Offices · $150K – $350K | 504 | 3 | — | $247K | Q2 2021 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with Central Minnesota Development.
No reviews yet. Be the first to review Central Minnesota Development.