SBA by industry · MN
SBA lenders for dental practices in Minnesota
15 lenders made 23 SBA loans to dental practices in Minnesota in the 36 months ending September 30, 2026. U.S. Bank National Association made the most, with 4. The typical loan was about $1M.
- Evidence
- SBA 7(a) and 504 loans to dental practices in Minnesota, NAICS 6212
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 15
- SBA FOIA,
- SBA loans, 36 months
- 23
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $22.2M
- SBA FOIA,
- Last 12 months
- 8
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for dental practices in Minnesota, https://lender.report/sba-lenders-for/dental-practices/minnesota/, data as of September 30, 2026.
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| Lender | Kind | Based in | Loans | Dollars | 7(a) | 504 | Last 12 months |
|---|---|---|---|---|---|---|---|
| U.S. Bank National Association SBA 7(a) record | Bank | Cincinnati, OH | 4 | $2.70M | 4 | 0 | 3 |
| Fifth Third Bank, National Association SBA 7(a) record | Bank | Cincinnati, OH | 2 | $5.70M | 2 | 0 | 0 |
| Live Oak Banking Company SBA 7(a) record | Bank | Wilmington, NC | 2 | $1.50M | 2 | 0 | 0 |
| The Huntington National Bank SBA 7(a) record | Bank | Columbus, OH | 2 | $1.15M | 2 | 0 | 0 |
| Citizens Bank & Trust Co. SBA 7(a) record | Bank | Hutchinson, MN | 2 | $630K | 1 | 1 | 0 |
| 21st Century Bank SBA 7(a) record | Bank | Loretto, MN | 2 | $415K | 2 | 0 | 1 |
| National Bank of Commerce SBA 504 record | Bank | Superior, WI | 1 | $1.70M | 0 | 1 | 0 |
| First Bank & Trust SBA 7(a) record | Bank | Brookings, SD | 1 | $1.60M | 1 | 0 | 1 |
| Gateway Bank | Bank | Mendota Heights, MN | 1 | $1.40M | 0 | 1 | 0 |
| Heritage Bank National Association | Bank | Spicer, MN | 1 | $1.30M | 1 | 0 | 1 |
| Sentry Bank SBA 504 record | Bank | Saint Joseph, MN | 1 | $1.30M | 0 | 1 | 0 |
| BankCherokee SBA 7(a) record | Bank | Saint Paul, MN | 1 | $1.20M | 1 | 0 | 0 |
| Frandsen Bank & Trust SBA 504 record | Bank | Lonsdale, MN | 1 | $780K | 0 | 1 | 0 |
| Colony Bank SBA 7(a) record | Bank | Fitzgerald, GA | 1 | $500K | 1 | 0 | 0 |
| Highland Bank SBA 7(a) record | Bank | Saint Paul, MN | 1 | $200K | 1 | 0 | 1 |
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| Offices of Dentists | 23 |
| Loan size | Loans |
|---|---|
| Under $150K | 3 |
| $150K to $350K | 4 |
| $350K to $1M | 4 |
| $1M to $2.5M | 10 |
| $2.5M or more | 2 |
- SBA lenders recorded 23 loans to dental practices totaling $22.2M in Minnesota in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The typical loan was about $1M, with the middle half between $250K and $1.3M. SBA FOIA,
- 18 were SBA 7(a) loans and 5 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 9.00% on 18 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 23 of the loans, credit unions 0, and non-banks 0. SBA FOIA,
- The five most active lenders made 52.2% of the loans. SBA FOIA,
- The three most active lenders were U.S. Bank National Association with 4, 21st Century Bank with 2, and Citizens Bank & Trust Co. with 2. SBA FOIA,
- 3 of the loans were under $150K, and 12 were $1M or more. SBA FOIA,
- The SBA file shows 8 approvals of these loans dated in the 12 months to September 30, 2026, versus 15 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 8 of the 15 lenders are based in Minnesota. The rest are based elsewhere, most often in Ohio, Georgia and North Carolina. SBA FOIA,
- The most common detailed industry in Minnesota was Offices of Dentists, with 23 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to dental practices in Minnesota
- Period
- October 2023 to September 2026
- Formula
- Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Minnesota, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 6212.
- Order
- Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
- As of
- September 30, 2026
- Source
- SBA FOIA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.