SBA Loans for Fitness & Entertainment in Minnesota
Since fiscal year 2021, at least 70 lenders made 313 SBA loans to Fitness & Entertainment businesses in Minnesota. These are the most active, based on public SBA data.
Most active SBA lenders for Fitness & Entertainment in Minnesota
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 41 | $222,190 | 45% | 7(a), Express |
| 2 | U.S. Bank, National Association Cincinnati, OH | 23 | $193,340 | 35% | 7(a), Express |
| 3 | BankVista Sartell, MN | 17 | $474,656 | 22% | 7(a), Express |
| 4 | Old National Bank Evansville, IN | 16 | $877,680 | 36% | 7(a), Express |
| 5 | Choice Financial Group Fargo, ND | 12 | $506,973 | 29% | 7(a), Express |
| 6 | Frandsen Bank and Trust Arden Hills, MN | 12 | $552,161 | 31% | 7(a), Express |
| 7 | Platinum Bank Oakdale, MN | 12 | $927,484 | 27% | 7(a), Express |
| 8 | 21st Century Bank Loretto, MN | 10 | $394,216 | 25% | 7(a), Express |
| 9 | Falcon National Bank Foley, MN | 10 | $594,104 | 34% | 7(a), Express |
| 10 | Bell Bank Fargo, ND | 9 | $762,910 | 31% | 7(a), Express |
Related guide: Loans for Gyms and Fitness Studios
Other industries in Minnesota
- Construction1,172 loans
- Retail Stores1,042 loans
- Restaurants & Lodging915 loans
- Health Care858 loans
- Personal Services & Repair845 loans
- Manufacturing832 loans
- Professional Services763 loans
- Cleaning, Landscaping & Admin530 loans
← All SBA lenders in Minnesota
Frequently asked questions
Which lenders make the most SBA loans to Fitness & Entertainment businesses in Minnesota?
Based on public SBA data, the most active were The Huntington National Bank, U.S. Bank, National Association, BankVista.
How many SBA loans did Fitness & Entertainment businesses get in Minnesota?
313 SBA loans since fiscal year 2021, from at least 70 different lenders.
Which SBA loan fits a Fitness & Entertainment business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
Find your lender
Filter by program and name, or check in 2 minutes whether you might qualify.
Open the lender finder Do I qualify?
Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.