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Community Resource Bank

NORTHFIELD, MN 55057

32
Loans Approved
$8.1M
Total Volume
$254K
Avg Loan Size
2
States Served

States Served

MinnesotaWisconsin

Top Industries Financed

  • Full-Service Restaurants
  • All Other Amusement and Recreation Industries
  • Other Business Service Centers (including Copy Shops)
  • All Other Miscellaneous Schools and Instruction
  • Doll, Toy, and Game Manufacturing

Quick Summary

Community Resource Bank is an SBA-approved lender headquartered in NORTHFIELD, Minnesota. Since 2020, they have approved 32 SBA 7(a) loans totaling $8.1M, with an average loan size of $254K. They serve businesses across 2 states.

About Community Resource Bank

Community Resource Bank is an SBA-approved lender headquartered in NORTHFIELD, Minnesota. Since 2020, they have approved 32 SBA 7(a) loans totaling $8.1M, with an average loan size of $254K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Community Resource Bank an SBA Preferred Lender?

Community Resource 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 Community Resource Bank approved?

According to SBA FOIA public records, Community Resource Bank has approved 32 SBA 7(a) loans totaling $8.1M since 2020. Their average loan size is $254K.

What states does Community Resource Bank serve?

Community Resource Bank serves businesses in 2 states: Minnesota, Wisconsin.

How do I apply for an SBA loan with Community Resource Bank?

To apply for an SBA 7(a) loan with Community Resource 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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