All rankings · Q2 2026 only · April–June 2026 · FOIA as of 2026-06-30

SBA 7(a) rankings by location in Q2 2026

Project states, counties, and borrower ZIPs ranked by GrossApproval for April–June 2026.

$7.64B approved nationwide across 14,357 loans. Change the period to compare another quarter, half, year, or the entire window.

2020202120222023202420252026

Quarterly: Q2 2026 — April 1 – June 30, 2026.

Q2 2026 approved

$123M

1.6% of U.S. Q2 2026 volume

Loans in Q2 2026

276

Avg $447K

Average loan

$447K

GrossApproval / loan count

Jobs supported

2,963

SBA reported, Q2 2026

Monthly approvals in Q2 2026 · Minnesota

April–June 2026 only.

Q2 2026 approvals by project state

April–June 2026

Lower
Higher

Top counties in Minnesota

Project county, ranked by Q2 2026 GrossApproval. Click a county to recut this page.

Top ZIPs in Minnesota

Borrower mailing ZIP (BorrZip), ranked by Q2 2026 GrossApproval. Not the project county.

  1. 1.55362 · Monticello$5.4M
  2. 2.56308 · Alexandria$5.0M
  3. 3.55441 · Minneapolis$5.0M
  4. 4.55021 · Faribault$4.6M
  5. 5.55044 · Lakeville$4.3M
  6. 6.56364 · Pierz$3.1M
  7. 7.55344 · Eden Prairie$2.8M
  8. 8.55330 · Elk River$2.8M
  9. 9.55110 · White Bear Lake$2.7M
  10. 10.56601 · Bemidji$2.5M
  11. 11.55347 · Eden Prairie$2.4M
  12. 12.55384 · Spring Park$2.4M
  13. 13.56425 · Baxter$2.2M
  14. 14.55976 · Stewartville$2.2M
  15. 15.55604 · Grand Marais$2.1M

Top NAICS sectors by loan count · Minnesota

Project-state industries in Q2 2026 (April–June 2026), ranked by number of 7(a) loans.

#IndustryLoansApprovedAvg loanShare of loans
1Construction46$22.3M$484K16.7%
2Administrative and Support and Waste Management32$9.9M$310K11.6%
3Health Care and Social Assistance29$18.5M$638K10.5%
4Retail Trade29$14.3M$494K10.5%
5Other Services (except Public Administration)28$11.1M$397K10.1%
6Accommodation and Food Services22$17.1M$777K8.0%
7Professional, Scientific, and Technical Services21$3.9M$185K7.6%
8Transportation and Warehousing15$4.8M$320K5.4%
9Arts, Entertainment, and Recreation15$4.6M$307K5.4%
10Manufacturing14$7.4M$529K5.1%
11Real Estate and Rental and Leasing8$4.4M$546K2.9%
12Wholesale Trade6$1.5M$245K2.2%
13Finance and Insurance3$2.0M$677K1.1%
14Educational Services3$683K$228K1.1%
15Information2$53K$26K0.7%
16Mining, Quarrying, and Oil and Gas Extraction1$500K$500K0.4%
17Agriculture, Forestry, Fishing and Hunting1$395K$395K0.4%
18Utilities1$50K$50K0.4%

Leading lender by sector · Minnesota

For each NAICS sector in this project state, the #1 SBA 7(a) lender by approved volume in Q2 2026 (April–June 2026).

#SectorLeading lenderTypeLender loansLender approvedShare of sector loansShare of sector $
1Construction(46 loans)Pathward National AssociationCommunity bank2$4.8M4.3%21.5%
2Administrative and Support and Waste Management(32 loans)Quaint Oak BankCommunity bank2$3.3M6.3%32.8%
3Health Care and Social Assistance(29 loans)Old National BankCommunity bank1$5.0M3.4%27.0%
4Retail Trade(29 loans)Live Oak Banking CompanyCommunity bank1$2.4M3.4%16.8%
5Other Services (except Public Administration)(28 loans)Old National BankCommunity bank6$4.4M21.4%39.8%
6Accommodation and Food Services(22 loans)Global One BankCommunity bank1$5.0M4.5%29.2%
7Professional, Scientific, and Technical Services(21 loans)Primis BankCommunity bank1$748K4.8%19.3%
8Transportation and Warehousing(15 loans)BankVistaCommunity bank3$1.6M20.0%34.2%
9Arts, Entertainment, and Recreation(15 loans)Frandsen Bank and TrustCommunity bank1$1.3M6.7%28.5%
10Manufacturing(14 loans)BankVistaCommunity bank1$1.8M7.1%23.7%
11Real Estate and Rental and Leasing(8 loans)Live Oak Banking CompanyCommunity bank1$1.4M12.5%31.8%
12Wholesale Trade(6 loans)Bridgewater BankCommunity bank1$360K16.7%24.5%
13Finance and Insurance(3 loans)U.S. Bank, National AssociationBig bank2$1.5M66.7%73.7%
14Educational Services(3 loans)Coulee BankCommunity bank1$300K33.3%43.9%
15Information(2 loans)U.S. Bank, National AssociationBig bank2$53K100.0%100.0%
16Mining, Quarrying, and Oil and Gas Extraction(1 loans)Merchants Bank of IndianaCommunity bank1$500K100.0%100.0%
17Agriculture, Forestry, Fishing and Hunting(1 loans)Red River State BankCommunity bank1$395K100.0%100.0%
18Utilities(1 loans)The Bank of Elk RiverCommunity bank1$50K100.0%100.0%

Leading industry by county · Minnesota

For each ranked project county, the NAICS sector with the most Q2 2026 loans. Click a county to open it above; click a sector name to open the Sectors ranking.

#CountyTop sector (by loans)LoansApprovedShare of county loans
1Retail Trade16$7.2M19.0%
2Administrative and Support and Waste Management6$4.6M21.4%
3Construction5$765K41.7%
4Construction5$3.0M31.3%
5Accommodation and Food Services4$376K40.0%
6Arts, Entertainment, and Recreation3$649K21.4%
7Construction3$1.9M23.1%
8Construction3$1.2M37.5%
9Construction2$3.7M28.6%
10Other Services (except Public Administration)2$3.1M66.7%
11Professional, Scientific, and Technical Services2$332K25.0%
12Other Services (except Public Administration)2$686K40.0%
13Other Services (except Public Administration)2$456K50.0%
14Accommodation and Food Services1$5.0M50.0%
15Accommodation and Food Services1$1.4M16.7%

Lenders in this location cut

Ranked by GrossApproval in Minnesota · April–June 2026

Open full lender ranking →
#LenderTypeLoansApprovedAvg loan
1Old National BankCommunity bank15$16.3M$1.1M
2U.S. Bank, National AssociationBig bank51$8.9M$174K
3Frandsen Bank and TrustCommunity bank13$6.9M$528K
4Global One BankCommunity bank1$5.0M$5.0M
5Pathward National AssociationCommunity bank2$4.8M$2.4M
6BankVistaCommunity bank11$4.8M$433K
7Bell BankCommunity bank10$4.6M$463K
8US Metro BankCommunity bank2$4.4M$2.2M
9Live Oak Banking CompanyCommunity bank4$4.3M$1.1M
10Quaint Oak BankCommunity bank2$3.3M$1.6M

Cite, share, embed

A public Q2 2026 ranking — copy a citation or drop the tracker on another site.

“Minnesota SBA 7(a) approvals totaled $123M in Q2 2026 — Resource SBA 7(a) Lending.”

Methodology & data source

This page includes calendar Q2 2026 only. Loan-level SBA 7(a) FOIA approvals are filtered by ApprovalDate; loans from every other quarter in the extract are ignored. Dollar volume is GrossApproval. Lender identity is grouped by FDIC certificate or NCUA charter when present, otherwise by a normalized lender name. Industry cuts use 2-digit NAICS sectors (31–33 manufacturing, 44–45 retail, and 48–49 transportation are collapsed). Geography uses ProjectState / ProjectCounty (where the funded project is located), not the lender headquarters. ZIP rankings use BorrZip (borrower mailing ZIP), which can differ from the project county. Rows without a positive GrossApproval or parseable ApprovalDate are excluded from all rollups. Missing NAICS codes are bucketed as Unclassified. This dataset contains approved loans only — it cannot support an approval-rate statistic. Individual borrower names and addresses are not published.

Period
Q2 2026
As of
June 30, 2026
Loans in Q2 2026
14,357
Coverage
April 1, 2026 – June 30, 2026

373,981 loans in the FOIA extract fell outside Q2 2026 and were ignored in this view.

Within Q2 2026, no rows were dropped for missing GrossApproval, lender identity, NAICS, or project state. Unclassified NAICS (if any) remain in totals and are labeled explicitly.

  • Only Q2 2026 approvals are published on this page. Other quarters in the FOIA CSV are dropped before ranking.
  • SBA updates the FOIA extract quarterly; drop the new CSV in src/app/documents/sba7aloandata/ and re-run npm run sba-lending:build.
  • Franchise names are sparse; brands with fewer than 10 loans in the quarter (3 in a state cut) are omitted from the franchise table.
  • County drill-downs cover the top project counties in a state. ZIP tables are top borrower ZIPs, not a full ZIP census.

Source: U.S. Small Business Administration FOIA 7(a) loan-level dataset · File FOIA_7a_FY2020_Present_asof_260630.csv. Last built September 11, 2026. Resource SBA 7(a) Lending in Q2 2026.

Q2 2026 SBA 7(a) by state

Use the state control on this page to rank project counties and ZIPs in that state during April–June 2026. Switch Quarterly, Semiannual, or Annual to change the window.

SBA 7(a) lending tracker · Resource · FOIA as of 2026-06-30 · Q2 2026