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Alliance Bank

LAKE CITY, MN 55041

13
Loans Approved
$8.6M
Total Volume
$658K
Avg Loan Size
1
States Served

States Served

Minnesota

Top Industries Financed

  • Confectionery and Nut Stores
  • Other Activities Related to Real Estate
  • New Single-Family Housing Construction (except Operative Builders)
  • Plumbing, Heating, and Air-Conditioning Contractors
  • Flooring Contractors

Quick Summary

Alliance Bank is an SBA-approved lender headquartered in LAKE CITY, Minnesota. Since 2020, they have approved 13 SBA 7(a) loans totaling $8.6M, with an average loan size of $658K. They primarily serve Minnesota businesses.

About Alliance Bank

Alliance Bank is an SBA-approved lender headquartered in LAKE CITY, Minnesota. Since 2020, they have approved 13 SBA 7(a) loans totaling $8.6M, with an average loan size of $658K. They primarily serve businesses in Minnesota.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Alliance Bank an SBA Preferred Lender?

Alliance Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Alliance Bank approved?

According to SBA FOIA public records, Alliance Bank has approved 13 SBA 7(a) loans totaling $8.6M since 2020. Their average loan size is $658K.

What states does Alliance Bank serve?

Alliance Bank primarily serves businesses in Minnesota.

How do I apply for an SBA loan with Alliance Bank?

To apply for an SBA 7(a) loan with Alliance Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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