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BankCherokee

SAINT PAUL, MN 55107

⭐ SBA Preferred Lender
93
Loans Approved
$37.5M
Total Volume
$403K
Avg Loan Size
1
States Served

States Served

Minnesota

Top Industries Financed

  • Landscaping Services
  • Full-Service Restaurants
  • Snack and Nonalcoholic Beverage Bars
  • Precision Turned Product Manufacturing
  • Limited-Service Restaurants

About BankCherokee

BankCherokee is an SBA-approved lender headquartered in SAINT PAUL, Minnesota. Since 2020, they have approved 93 SBA 7(a) loans totaling $37.5M, with an average loan size of $403K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Minnesota.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days