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United Minnesota Bank

NEW LONDON, MN 56273

13
Loans Approved
$3.1M
Total Volume
$238K
Avg Loan Size
1
States Served

States Served

Minnesota

Top Industries Financed

  • New Single-Family Housing Construction (except Operative Builders)
  • Water and Sewer Line and Related Structures Construction
  • All Other Specialty Trade Contractors
  • Motor Vehicle Towing
  • Other Heavy and Civil Engineering Construction

Quick Summary

United Minnesota Bank is an SBA-approved lender headquartered in NEW LONDON, Minnesota. Since 2020, they have approved 13 SBA 7(a) loans totaling $3.1M, with an average loan size of $238K. They primarily serve Minnesota businesses.

About United Minnesota Bank

United Minnesota Bank is an SBA-approved lender headquartered in NEW LONDON, Minnesota. Since 2020, they have approved 13 SBA 7(a) loans totaling $3.1M, with an average loan size of $238K. 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 United Minnesota Bank an SBA Preferred Lender?

United Minnesota 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 United Minnesota Bank approved?

According to SBA FOIA public records, United Minnesota Bank has approved 13 SBA 7(a) loans totaling $3.1M since 2020. Their average loan size is $238K.

What states does United Minnesota Bank serve?

United Minnesota Bank primarily serves businesses in Minnesota.

How do I apply for an SBA loan with United Minnesota Bank?

To apply for an SBA 7(a) loan with United Minnesota 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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