BuyoutLendersSBA 7(a) acquisition
lending data
Bank · Sartell, MN

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Made 83 SBA 7(a) change-of-ownership loans totaling $46.3M in FY2024 to FY2026: #41 of 1,054 lenders by loans and #90 by dollars. Lends in 10 states. Part of Abdo Investments Inc.

#41by loans, FY24–26
83loans
$46.3Mapproved
$249Kmedian loan
Where it lends: loans by state of the business
Volume

By fiscal year

Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.

Fiscal yearLoansDollarsMedianShare of all loans
FY202427$16.2M$160K0.5%
FY202527$9.8M$200K0.4%
FY202629$20.4M$350K0.4%
Loan size

Deal size mix

16% of its loans were $1M or more.

Where the money goes

Top industries

IndustryLoansDollars
Health Care & Social Assistance38$8.9M
Administrative & Support, Waste Mgmt8$2.8M
Transportation & Warehousing7$6.5M
Construction6$3.1M
Accommodation & Food Services6$3.9M
Retail Trade6$10.2M
Manufacturing5$8.0M
Educational Services2$178K
Business location

Top states

Business stateLoansDollars
Minnesota65$37.9M
Wisconsin5$6.2M
Montana2$164K
Iowa2$996K
Michigan2$176K
Idaho2$139K
North Dakota2$250K
Colorado1$139K
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