$159.4 million in gross dollars and 260 approved loans make up the Minnwest Bank entry for FY2017 to FY2026. The $159.4 million for Minnwest Bank counts approved dollars, not balances. 260 loans sit under SBA 7(a), every Minnwest Bank loan here. Minnwest Bank reads 0 under SBA 504. 260 loans are records SBA keeps on Minnwest Bank. SBA, not Minnwest Bank, carries each guarantee. Each of the 260 loans is assigned to Minnwest Bank now, or last held by it. For Minnwest Bank, the split means SBA 7(a) only: 260 loans. Here, Minnwest Bank means the holder SBA names. Minnwest Bank's 260 loans span FY2017 to FY2026 approvals.

Minnwest Bank: asset classes and states

For Minnwest Bank, these classes lead: fitness center, 13 loans; beverage manufacturing, 12 loans; limited-service restaurant, 12 loans. Another 180 loans credited to Minnwest Bank fall outside all of those classes. Minnwest Bank's 260 loans: a slice sits in named classes. Minnwest Bank holds 13 in fitness center. Minnwest Bank loans lead, by state, in Minnesota, 228 loans; South Dakota, 25 loans. Minnwest Bank's sample for Minnesota sites is 228 loans. Minnwest Bank's counts are a map only.

Minnwest Bank: outcome floors

7.9% of Minnwest Bank approvals, FY2017 to FY2024, were cancelled. For Minnwest Bank, 7.9% is a floor. Minnwest Bank's floor stops at FY2024 approvals. For Minnwest Bank, 7.9% is the ceiling. The Minnwest Bank ceiling counts undisbursed loans as cancelled. Minnwest Bank: rates match, so the floor stands. Minnwest Bank has no charge-off rate here. For Minnwest Bank, under 30 loans means no rate. Minnwest Bank: its disbursed cohort is small. Minnwest Bank: a blank is not a zero.

Minnwest Bank: the study comes first

Minnwest Bank holds 260 recorded loans, $159.4 million in all. At Minnwest Bank, demand comes first: who pays? For Minnwest Bank, cost is second; 260 loans do not replace a quote. For Minnwest Bank, third is debt service coverage. Minnwest Bank: 7.9% is a floor. At Minnwest Bank, the appraisal comes last: 260 loans cannot set your value. Minnwest Bank's record cannot settle cost. Here Minnwest Bank is a holder, not a verdict. Minnwest Bank's 260 loans state nothing about its requirements. Ask Minnwest Bank directly. Test first, then compare with Minnwest Bank's 260 loans. Ask Minnwest Bank what a complete study contains.

SBA loans held by Minnwest Bank

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	260
Gross dollars approved	$159.4 million
SBA 7(a) loans	260
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	7.9%
The same, counting loans still undisbursed as cancelled (a ceiling)	7.9%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	180
Fitness center	13
Beverage manufacturing (breweries, wineries, distilleries)	12
Limited-service restaurant	12
Automotive mechanical repair (car and truck)	7
Full-service restaurant	6
Beauty salon	6

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
Minnesota	228
South Dakota	25

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-16958.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Minnwest Bank or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Minnwest Bank: SBA Lending Record