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
466
2010–2026
Total Volume
$263M
Gross loan amounts
States Active
6
With recorded loans
Programs
7(a) & 504
466 total segments
Minnwest Bank has a strong focus on existing businesses, with 56% of their deals supporting established companies. This could be beneficial if you're looking to expand or refinance an existing operation.
With an average 7(a) spread of P+2.24%, Minnwest Bank offers competitive pricing compared to the national median of P+2.75%. This could lead to lower overall borrowing costs for your loan.
Minnwest Bank's growth trend shows a remarkable 175% year-over-year increase in SBA deals, indicating a robust lending environment. This growth suggests they are actively seeking new borrowers, which may improve your chances of approval.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 90 504 loans, which use fixed SBA debenture rates.
States where Minnwest Bank has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Wholesale Trade
Wholesale Trade
Specialty Trade Contractors
Construction
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Auto Repair & Maintenance
Other Services
Other Professional Services
Professional Services
Real Estate
Real Estate
+ 7 more
All recorded SBA lending activity for Minnwest Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 11 | P+2.75% | $83K | Q1 2025 |
| Minnesota · Wholesale Trade · $150K – $350K | 7(a) | 10 | P+2.50% | $268K | Q4 2021 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 9 | P+2.25% | $289K | Q2 2024 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 9 | P+2.00% | $292K | Q4 2025 |
| Minnesota · Wholesale Trade · $500K – $1M | 7(a) | 8 | P+2.25% | $786K | Q2 2022 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 8 | P+2.13% | $93K | Q1 2023 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 7(a) | 7 | P+2.50% | $815K | Q3 2021 |
| Minnesota · Auto Repair & Maintenance · $150K – $350K | 7(a) | 7 | P+2.50% | $256K | Q4 2018 |
| Minnesota · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 7 | P+2.00% | $267K | Q3 2025 |
| Minnesota · Specialty Trade Contractors · $150K – $350K | 7(a) | 7 | P+2.25% | $286K | Q1 2025 |
| Minnesota · Wholesale Trade · Under $150K | 7(a) | 7 | P+2.50% | $95K | Q1 2021 |
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 6 | P+1.63% | $67K | Q2 2025 |
| Minnesota · Other Professional Services · $150K – $350K | 7(a) | 6 | P+2.38% | $284K | Q3 2023 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 6 | P+2.13% | $103K | Q2 2023 |
| South Dakota · Specialty Trade Contractors · Under $150K | 7(a) | 6 | P+2.25% | $86K | Q4 2016 |
| Minnesota · Other Professional Services · Under $150K | 7(a) | 6 | P+2.25% | $80K | Q3 2025 |
| Minnesota · Specialty Trade Contractors · $500K – $1M | 7(a) | 5 | P+2.25% | $680K | Q1 2025 |
| Minnesota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 5 | P+3.50% | $73K | Q4 2019 |
| Minnesota · Arts, Entertainment & Recreation · $350K – $500K | 7(a) | 5 | P+1.25% | $435K | Q3 2025 |
| Minnesota · Manufacturing · $1M – $2M | 7(a) | 5 | P+1.25% | $1.6M | Q1 2023 |
| Minnesota · Management & IT Consulting · $500K – $1M | 7(a) | 5 | P+2.75% | $821K | Q1 2025 |
| Minnesota · Other Professional Services · $500K – $1M | 7(a) | 5 | P+1.63% | $744K | Q2 2022 |
| Minnesota · Retail Trade · Under $150K | 7(a) | 5 | P+2.50% | $103K | Q1 2025 |
| Minnesota · Manufacturing · $500K – $1M | 7(a) | 5 | P+2.50% | $777K | Q1 2024 |
| Minnesota · Building Construction · $500K – $1M | 7(a) | 4 | P+2.25% | $775K | Q3 2021 |
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Real experiences from borrowers who closed SBA loans with Minnwest Bank.
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