STRONG
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
99
2010–2023
Total Volume
$17M
Gross loan amounts
States Active
1
With recorded loans
Programs
7(a) & 504
99 total segments
Lake Region Bank primarily serves existing businesses, with 61% of their deals focused on acquisitions. This makes them a strong option for buyers looking to purchase established companies.
With an average 7(a) spread of P+2.23%, Lake Region Bank offers competitive pricing compared to the national median of P+2.75%. This could lead to cost savings for borrowers.
The lender has experienced a significant decline in activity, with a -42% year-over-year growth trend. This may indicate a tightening of lending standards or reduced capacity to fund new loans.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 1 504 loans, which use fixed SBA debenture rates.
States where Lake Region Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Transportation & Warehousing
Transportation & Warehousing
Manufacturing
Manufacturing
Real Estate
Real Estate
Restaurants & Food Service
Accommodation & Food Services
Other Repair & Services
Other Services
Specialty Trade Contractors
Construction
General Merchandise
Retail Trade
Sporting Goods & Hobby
Retail Trade
+ 7 more
All recorded SBA lending activity for Lake Region Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 9 | P+2.25% | $65K | Q4 2021 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 8 | P+2.75% | $50K | Q3 2021 |
| Minnesota · Other Repair & Services · Under $150K | 7(a) | 6 | P+3.25% | $51K | Q3 2015 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+2.75% | $60K | Q1 2022 |
| Minnesota · Sporting Goods & Hobby · Under $150K | 7(a) | 5 | P+2.75% | $61K | Q1 2017 |
| Minnesota · Real Estate · $150K – $350K | 7(a) | 4 | P+1.70% | $247K | Q2 2023 |
| Minnesota · Heavy & Civil Engineering · Under $150K | 7(a) | 3 | P+0.25% | $64K | Q3 2022 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 3 | P+2.25% | $86K | Q3 2014 |
| Minnesota · Real Estate · Under $150K | 7(a) | 3 | P+2.25% | $129K | Q4 2022 |
| Minnesota · General Merchandise · Under $150K | 7(a) | 3 | P+1.75% | $83K | Q2 2021 |
| Minnesota · Laundry & Dry Cleaning · Under $150K | 7(a) | 3 | P+2.50% | $36K | Q4 2021 |
| Minnesota · Retail Trade · $150K – $350K | 7(a) | 2 | P+2.00% | $209K | Q1 2016 |
| Minnesota · Specialty Trade Contractors · $500K – $1M | 7(a) | 2 | P+2.25% | $623K | Q2 2014 |
| Minnesota · Building Construction · Under $150K | 7(a) | 2 | P+4.13% | $11K | Q2 2014 |
| Minnesota · General Merchandise · $150K – $350K | 7(a) | 2 | P+2.25% | $224K | Q2 2016 |
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 2 | P+3.25% | $38K | Q2 2017 |
| Minnesota · Hotels & Accommodation · Under $150K | 7(a) | 2 | P+2.50% | $36K | Q4 2013 |
| Minnesota · Manufacturing · $350K – $500K | 7(a) | 2 | P+2.38% | $437K | Q4 2017 |
| Minnesota · Transportation & Warehousing · $150K – $350K | 7(a) | 2 | P+2.00% | $214K | Q3 2022 |
| Minnesota · Real Estate · $500K – $1M | 7(a) | 2 | P+1.82% | $673K | Q1 2016 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 1 | P+2.50% | $252K | Q2 2017 |
| Minnesota · Restaurants & Food Service · $350K – $500K | 7(a) | 1 | P+2.50% | $469K | Q3 2015 |
| Minnesota · Accounting & Tax · Under $150K | 7(a) | 1 | P+1.75% | $25K | Q3 2021 |
| Minnesota · Laundry & Dry Cleaning · $150K – $350K | 7(a) | 1 | P+1.50% | $268K | Q1 2022 |
| Minnesota · Miscellaneous Retail · $150K – $350K | 7(a) | 1 | P+0.50% | $350K | Q3 2022 |
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