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
101
2010–2025
Total Volume
$21M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
101 total segments
Premier Bank Minnesota has a notable 20% share of 504 loans, which is higher than the national average of about 18%. This indicates a strong capability in financing real estate and larger projects, making them a good option if you're considering a property purchase or expansion.
The average deal size at Premier Bank Minnesota is $211,045, with a significant focus on smaller loans—63 deals are under $150K. If you're looking for a loan in the lower range, this lender could be a good fit, but they may not be ideal for larger financing needs above $500K.
The bank's growth trend shows a decline of 30% year-over-year, with only 7 deals in the last quarter compared to 10 in the previous year. This downward trajectory may indicate tightening lending standards, so be prepared for a potentially more rigorous approval process.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 20 504 loans, which use fixed SBA debenture rates.
States where Premier Bank Minnesota has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Other Health Practitioners
Health Care & Social Assistance
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Other Repair & Services
Other Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Administrative & Waste Services
Administrative & Waste Services
Personal Care (Salons, Spas)
Other Services
Retail Trade
Retail Trade
+ 7 more
All recorded SBA lending activity for Premier Bank Minnesota, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 23 | P+2.75% | $76K | Q3 2024 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 10 | P+2.35% | $70K | Q1 2018 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 5 | P+2.45% | $255K | Q4 2018 |
| Minnesota · Administrative & Waste Services · Under $150K | 7(a) | 3 | P+2.39% | $35K | Q1 2025 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 3 | P+4.25% | $290K | Q1 2020 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 3 | P+2.00% | $50K | Q1 2023 |
| Minnesota · Manufacturing · $150K – $350K | 504 | 2 | — | $226K | Q3 2012 |
| Minnesota · Real Estate · Under $150K | 7(a) | 2 | P+2.13% | $90K | Q4 2015 |
| Minnesota · Auto Repair & Maintenance · $150K – $350K | 7(a) | 2 | P+2.65% | $233K | Q4 2023 |
| Minnesota · Personal Care (Salons, Spas) · Under $150K | 7(a) | 2 | P+2.60% | $89K | Q3 2020 |
| Minnesota · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 2 | P+1.63% | $328K | Q1 2017 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 504 | 2 | — | $780K | Q1 2024 |
| Minnesota · Other Health Practitioners · Under $150K | 504 | 2 | — | $100K | Q1 2021 |
| Minnesota · General Merchandise · Under $150K | 7(a) | 2 | P+2.38% | $48K | Q4 2015 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 504 | 2 | — | $298K | Q3 2013 |
| Minnesota · Retail Trade · Under $150K | 7(a) | 2 | P+2.38% | $40K | Q4 2018 |
| South Dakota · Building Construction · Under $150K | 7(a) | 2 | P+2.25% | $100K | Q2 2015 |
| Minnesota · Retail Trade · $150K – $350K | 7(a) | 1 | P+2.25% | $180K | Q2 2010 |
| Minnesota · Finance & Insurance · $150K – $350K | 7(a) | 1 | P+1.50% | $238K | Q1 2016 |
| Minnesota · Education · Under $150K | 7(a) | 1 | P+2.00% | $120K | Q3 2024 |
| Minnesota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 1 | P+1.29% | $150K | Q2 2016 |
| Minnesota · Restaurants & Food Service · $350K – $500K | 504 | 1 | — | $388K | Q1 2017 |
| Minnesota · Other Repair & Services · $350K – $500K | 504 | 1 | — | $372K | Q3 2012 |
| Minnesota · General Merchandise · Under $150K | 504 | 1 | — | $103K | Q4 2010 |
| Minnesota · Manufacturing · $350K – $500K | 504 | 1 | — | $371K | Q4 2015 |
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 Premier Bank Minnesota.
No reviews yet. Be the first to review Premier Bank Minnesota.