SBA Loans – Saint Paul

Last update: Apr 19, 2024

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Small business loans are available from many SBA lenders. Here are the most active Saint Paul SBA lenders:

Top SBA Lenders in Saint Paul

RankSBA LenderHeadquarters# Loans Avg LoanAvg Interest
1U.S. BankCincinnati, OH28 $192,8438.9%
2BankVistaSartell, MN6 $322,1178.2%
3BankCherokeeSaint Paul, MN6 $270,6009.8%
4Sunrise BanksSaint Paul, MN5 $275,80010.9%
5Bell BankFargo, ND4 $1,330,6009.6%
6Hiawatha National BankHager City, WI4 $141,2509.3%
7Newtek BankMiami, FL4 $118,75012.3%
8Noah BankMiami, FL4 $118,75012.3%
9Wells FargoSioux Falls, SD4 $57,95011.8%
10Old National BankEvansville, IN3 $881,8678.0%

Top Industries for SBA Loans in St. Paul

RankIndustry# Loans Avg LoanAvg Interest
1Supermarkets and Other Grocery (except Convenience) Stores6 $573,1679.2%
2Full-Service Restaurants5 $728,40010.2%
3Offices of Lawyers5 $191,4809.3%
4Other Personal Care Services5 $45,5009.3%
5Plumbing, Heating, and Air-Conditioning Contractors4 $339,8508.6%
6All Other Amusement and Recreation Industries4 $319,0009.9%
7Administrative Management and General Management Consulting Services3 $168,66711.3%
8Nursing Care Facilities2 $2,897,8008.0%
9Electrical Apparatus and Equipment, Wiring Supplies, and Related Equip2 $1,281,75010.5%
10Offices of Mental Health Practitioners (except Physicians)2 $552,5009.0%

Many entrepreneurs search for “business loans near me” or “SBA lenders near me,” but the reality is often times the best banks for Saint Paul SBA loans are not local but national SBA preferred lenders. Connect with us and we can connect you today with local or national SBA banks that are small business loan experts.

  Connect me to a St. Paul lender!