51
Loans Approved
$17.8M
Total Volume
$349K
Avg Loan Size
2
States Served
Top Industries Financed
- Limited-Service Restaurants
- Snack and Nonalcoholic Beverage Bars
- General Automotive Repair
- All Other Specialty Trade Contractors
- Offices of Chiropractors
About Merchants Bank, National Association
Merchants Bank, National Association is an SBA-approved lender headquartered in WINONA, Minnesota. Since 2020, they have approved 51 SBA 7(a) loans totaling $17.8M, with an average loan size of $349K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 2 states.
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