Get a loan tailored to your small business needs. As an SBA Preferred Lender (and local bank), Minnwest Bank can streamline the SBA loan application process, fast-track approval times and provide quicker access to funding in order to help your business thrive. SBA guaranteed loans can greatly benefit small businesses needing capital for expansion, inventory, buildings, equipment, exporting, and other needs. Some of the most successful businesses in the country used SBA guaranteed loans in their infancy. Could you be the next SBA success story?
Minnwest Bank Paycheck Protection Program Statistics
Numbers accurate as of 10/2021
4,258Total Loan Applications |
$48,157Average Loan Amount Requested |
24,600Number of Jobs Impacted |
$205,052,810Total Loan Amount Approved |
Compare our SBA Loan Options Side-by-Side
Loan Type | Uses | Benefits | Amounts |
---|---|---|---|
SBA 7(a) Loan |
|
|
Up to $5 million |
SBA 504 Loan |
|
|
$250,000 up to $5 million |
SBA Express |
|
|
Up to $350,000 |
Export Express |
|
|
Up to $500,000 |
CAPLines |
|
|
Up to $5 million |
Top Minnesota Export Lender
Minnwest Bank is proud to be recognized four times in recent years (2018, 2019, 2021, and 2022) by the Small Business Administration as the Top Export Lender in the state of Minnesota. Small businesses that need financing to export their product abroad often find that traditional lenders won't work with them. Minnwest has been able to assist several businesses with various Export Assistance products offered by the SBA. You can count on expert advice and guidance from our experienced team, along with competitive rates and flexible financing terms that fit your business's needs.
Hear from Doers like YOU:
“Before Minnwest Bank, my co-founder and I had great difficulty finding a bank that felt like a partner to help us grow. Minnwest is unlike any other bank we've met, and they have completely changed our banking perspective in the best way possible! Instead of questioning decision making, they work with us to learn and support the decisions we are making to grow the company. From our SBA bankers
to the tellers at the branches, everyone truly feels invested in our success. Minnwest has an amazing team and is a true partner - we couldn't be more thrilled to grow with them into the future.”
“Being novices in the commercial loan process, we couldn’t have
found better partners than Minnwest Bank and Devin Larson! His passion and commitment to going above and beyond to make the process as painless as possible was so appreciated!”