States Served
Top Industries Financed
- Beauty Salons
- Landscape Architectural Services
Quick Summary
Woodland Bank is an SBA-approved lender headquartered in DEER RIVER, Minnesota. Since 2020, they have approved 5 SBA 7(a) loans totaling $390K, with an average loan size of $78K. They primarily serve Minnesota businesses.
About Woodland Bank
Woodland Bank is an SBA-approved lender headquartered in DEER RIVER, Minnesota. Since 2020, they have approved 5 SBA 7(a) loans totaling $390K, with an average loan size of $78K. They primarily serve businesses in Minnesota.
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Frequently Asked Questions
Is Woodland Bank an SBA Preferred Lender?
Woodland 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 Woodland Bank approved?
According to SBA FOIA public records, Woodland Bank has approved 5 SBA 7(a) loans totaling $390K since 2020. Their average loan size is $78K.
What states does Woodland Bank serve?
Woodland Bank primarily serves businesses in Minnesota.
How do I apply for an SBA loan with Woodland Bank?
To apply for an SBA 7(a) loan with Woodland 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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