Bank · Redwood Falls, MN
Minnwest Bank
Made 14 SBA 7(a) change-of-ownership loans totaling $15.5M in FY2024 to FY2026: #196 of 1,054 lenders by loans and #193 by dollars. Lends in 3 states. Part of Minnwest Corp.
#196by loans, FY24–26
14loans
$15.5Mapproved
$654Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2025 | 9 | $8.2M | $300K | 0.1% |
| FY2026 | 5 | $7.3M | $855K | 0.1% |
Loan size
Deal size mix
36% of its loans were $1M or more.
- Under $350K5 loans · 36% · $729K
- $350K to $1M4 loans · 29% · $2.5M
- $1M to $2M2 loans · 14% · $2.7M
- $2M to $5M3 loans · 21% · $9.6M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Retail Trade | 6 | $4.2M |
| Construction | 1 | $225K |
| Manufacturing | 1 | $758K |
| Wholesale Trade | 1 | $551K |
| Information | 1 | $4.0M |
| Finance & Insurance | 1 | $139K |
| Health Care & Social Assistance | 1 | $3.5M |
| Accommodation & Food Services | 1 | $40K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Minnesota | 10 | $12.0M |
| South Dakota | 2 | $1.7M |
| Wisconsin | 2 | $1.8M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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