FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Local Financing
SBA Programs
Access flexible financing, lower down payments, and longer repayment terms through the U.S. Small Business Administration.1
Business acquisition
Debt refinancing
Equipment financing
Working capital
Commercial real estate acquisition
Consecutively Named a Top Minnesota SBA Lender
Loan Types
SBA 504
Long-term, fixed-rate loan for purchasing real estate, buildings, or equipment.
SBA 7(a)
Most popular loan for flexible financing like working capital, business acquisition, debt refinancing, equipment, and real estate.
SBA Express
Streamlined 7(a) loan with faster approvals and quicker funding.
SBA CAPLine
Specialized revolving credit lines to support business cash flow.
Lending Focused on Your Success
Small businesses are the heart of our communities and supporting them is at the heart of what we do.
We can help you access SBA loan options that are designed to help local entrepreneurs start, grow, and strengthen their businesses with flexible financing and personalized guidance from a team that understands your goals.
More Business Solutions
Our business bankers can help you find the best products & services for your organization.
Tailored Banking Solutions
Manage your business finances with checking and savings accounts that offer flexibility and control.
Treasury Management Services
Businesses of all sizes can benefit from tailored financial solutions to simplify company operations.
Frequently Asked SBA Loan Questions
Explore these FAQs to learn how our experienced lenders can help you access the financing you need to grow.
What is considered a small business?
Depending on the industry, small businesses are defined as companies with a net worth of less than $20 million and/or profits of less than $6.5 million over the previous two years.?
What does it mean to be an SBA Preferred Lender?
The U.S. Small Business Administration Preferred Lender status means the partner has designated authority from the SBA to approve and process our loans without having to send them to the SBA for their approval.
What do I need to apply for an SBA loan?
Your dedicated business banker will walk you through everything, but in general, you should be prepared to provide:
A business plan or explanation of use of funds
Financial statements and projections
Personal and business tax returns
A completed loan application
How long does it take to get approvals for an SBA loan?
Timelines can vary, but thanks to our in-house SBA experts and local processing, many of our SBA loans move faster than the national average.
Do I have to be a new business to qualify for SBA financing?
SBA loans are available for both new and existing businesses. Your business banker can help you select the loan that best fits your needs.
Important Legal Disclosures & Information
Approved to offer SBA loan products under SBA’s Preferred Lender Program.
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