SBA Lenders - Top 25 | Fact Finder | Twin Cities Business

SBA Lenders - Top 25

Ranked by value of SBA loans | List information taken from the 2009-2010 Business Information Guide
Source: The U.S. Small Business Administration's Minnesota office, company representatives, and Web sites. If you were not contacted for this list but would like to be in the future, please contact research@tcbmag.com.
*See note at bottom of list.

Rank	Company	Value of SBA loans for 2009 fiscal year	Top local executive	Value of SBA loans for 2008 fiscal year
1	Wells Fargo SBA Lending 1455 West Lake Street, Suite 306 Minneapolis, MN 55408 612-316-2402 \| wellsfargo.com	$39,613,600	Jeff Roseland	$40,158,200
2	Twin Cities—Metro Cerified Development Company* 3495 Vadnais Center Drive Vadnais Heights, MN 55110 651-481-8081 \| 504lending.com	$35,496,000	Robert Heck	$73,184,000
3	Minnesota Business Finance Corporation* 100 South Fifth Street, Suite 2400 Minneapolis, MN 55402 612-746-6900 \| mbfc.org	$28,143,000	Alexandra Blum	$42,871,000
4	Bremer Bank, National Association 2100 Bremer Tower, 445 Minnesota Street St. Paul, MN 55101 800-908-2265 \| bremer.com	$25,646,300	Stan Dardis	$31,230,333
5	Spedco* 3900 Northwoods Drive, Suite 225 Arden Hills, MN 55112 651-631-4900 \| spedco.com	$21,938,000	Kristen Wood	$24,608,000
6	U.S. Bank 7001 France Avenue South Edina, MN 55435 952-927-1287 \| usbank.com	$18,792,300	Joseph Brodsky	$38,584,000
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7	Central Minnesota Development Company* 1885 Station Parkway Northwest Andover, MN 55304 763-784-3337 \| cmdcbusinessloans.com	$13,804,000	Mike Mulrooney	$11,857,000
8	American Bank of the North 1215 South Pokegama Avenue Grand Rapids, MN 55744 218-327-1121 \| ambnk.com	$10,674,200	Larry Bondhus	$714,000
9	Associated Bank 740 Marquette Avenue Minneapolis, MN 55402 612-359-4437 \| associatedbank.com	$10,418,500	Stephen Bianchi	$11,610,100
10	Minnwest Bank Metro 1150 Yankee Doodle Road Eagan, MN 56121 651-454-0004 \| minnwestbank.com	$8,975,800	Tom Longlet	$1,508,500
11	Venture Bank 5601 Green Valley Drive, Suite 120 Bloomington, MN 55437 952-830-9999 \| venturebankonline.com	$8,757,400	Michael Zenk	$8,262,017
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12	Southeastern Minnesota 504 Development Corporation* 220 South Broadway, Suite 100 Rochester, MN 55904 507-288-6442 \| 504corporation.com	$8,089,000	Dwayne Lee	$6,117,000
13	Park Midway Bank 2300 Como Avenue St. Paul, MN 55108 651-523-7800 \| parkmidwaybank.com	$6,743,200	Richard Beeson	$12,263,800
14	BankVista 125 Twin Rivers Court Sartell, MN 56377 320-257-1600 \| bankvista.com	$5,830,700	Stefan Freeman	$503,700
15	M&I Bank 651 Nicollet Mall Minneapolis, MN 55402 612-904-8000 \| mibank.com	$5,606,500	Brad Chapin	$7,643,800
16	Platinum Bank 7667 10th Street North Oakdale, MN 55128 651-332-5200 \| platinumbankmn.com	$5,219,000	David Rom	$475,000
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17	Anchor Bank 1570 Concordia Avenue St. Paul, MN 55104 651-747-2900 \| anchorlink.com	$5,007,700	Carl Jones	$10,668,480
18	Prairieland Economic Development Corporation* 1 Prairie Drive Slayton, MN 56172 507-836-6656 \| prairielandedc.com	$4,850,000	Steve Dusek	$13,168,000
19	Highland Bank 13370 Grove Drive Maple Grove, MN 55369 763-420-3039 \| highlandbanks.com	$4,665,400	Rick Wall	$1,937,000
20	Woodlands National Bank 424 Main Street, P.O. Box B Onamia, MN 56359 320-532-4142 \| woodlandsnationalbank.com	$4,644,200	Kenneth Villebro	$1,554,500
21	The Bank of Elk River 630 Main Street Elk River, MN 55330 763-441-1000 \| thebankofelkriver.com	$4,158,500	Patrick Dwyer	$885,300
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22	Fidelity Bank 7600 Parklawn Avenue Edina, MN 55435 952-831-6600 \| fidelitybankmn.com	$4,156,000	Chuck Mueller	$1,640,000
23	Excel National Bank 9701 Wilshire Boulevard Beverly Hills, CA 90212 310-362-2000 \| bankexcel.com	$4,070,000	Not applicable	$1,332,800
24	KleinBank 1550 Audubon Road Chaska, MN 55318 952-448-2484 \| kleinbank.com	$3,913,400	Doug Hile	$5,655,109
25	21st Century Bank 9380 Central Avenue Northeast Blaine, MN 55434 763-767-2178 \| 21stcenturybank.com	$3,548,300	Thomas Dolphin	$1,639,000

Note: Fiscal year 2009 goes from October 2008 through September 2009. Fiscal year 2008 goes from October 2007 through September 2008.
• Information listed for Excel National Bank is the bank's California headquarters because it has no Minnesota offices. It did, however, qualify for the list based on the dollar value of SBA loans distributed locally.
* 504 lender—a nonprofit corporation that works with the SBA and private-sector lenders to provide growing businesses with long-term, fixed rate financing for major fixed asserts. All others are 7(a) guaranteed lenders.