SBA Loans in Minnesota
Get instantly matched with 300+ SBA-approved lenders. No credit impact. No commitment. Just answers.
Get instantly matched with 300+ SBA-approved lenders. No credit impact. No commitment. Just answers.
Minnesota boasts one of the strongest state economies in the Midwest, home to 16 Fortune 500 companies and a deeply diversified business landscape spanning healthcare, finance, manufacturing, and technology. Whether you're acquiring a hotel on the North Shore, purchasing a medical office building in Edina, expanding a franchise in the western suburbs, or financing multi-family property in Minneapolis' booming rental market, FundMySBA connects you with lenders who know Minnesota inside and out.
Our network includes over 300 SBA-approved lenders serving every Minnesota market — from the Twin Cities metro to the Iron Range, from Rochester's medical corridor to the Brainerd Lakes resort region. Minnesota's highly educated workforce, strong consumer spending, and pro-business community development programs create ideal conditions for SBA-financed growth.
Boutique hotels, lakefront resorts, conference properties, and seasonal hospitality businesses. SBA 504 + 7(a) stacking up to $16.25M.
Office buildings, retail space, mixed-use, and owner-occupied commercial property. 10% down with SBA 504.
Practice acquisitions, medical office buildings, equipment financing, and specialty clinics across the Twin Cities and Mayo Clinic corridor.
Apartment buildings, 5-50 unit properties, owner-occupied multi-family with SBA financing in the Twin Cities' high-demand rental market.
Franchise buildout, multi-unit expansion, equipment, and real estate for SBA-approved franchise brands across Minnesota.
Medical device companies, healthcare practices, clinical labs, and health-tech startups in Minnesota's world-class medical ecosystem.
Minnesota businesses can access SBA 7(a) loans up to $5M for working capital, equipment, and acquisitions; SBA 504 loans up to $5.5M for commercial real estate and heavy equipment with fixed rates and 10% down; SBA Express loans up to $500K with 36-hour approval; and SBA Microloans up to $50K for startups.
Pre-qualification through FundMySBA takes 90 seconds. Answer 4 simple questions about your business and funding needs, and we instantly match you with SBA-approved lenders in Minnesota. No credit check required for pre-qualification.
Most for-profit Minnesota businesses qualify, including hotels and hospitality, commercial real estate, medical and dental practices, franchise operations, multi-family properties, healthcare and medtech, food production, professional services, and manufacturing. Some restrictions apply to certain industries.
Yes. Minnesota offers several programs that stack well with SBA financing, including the Minnesota Small Business Development Center network, DEED Small Business Assistance grants, the Minnesota Investment Fund, and Angel Tax Credit programs. The Twin Cities also have Opportunity Zone incentives and local TIF districts that can be layered with SBA loans for stronger overall financing packages.
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