Top Industries Financed
- Full-Service Restaurants
- Limited-Service Restaurants
- Specialized Freight (except Used Goods) Trucking, Local
- Drinking Places (Alcoholic Beverages)
- Beauty Salons
Quick Summary
Northeast Entrepreneur Fund, Inc. is an SBA-approved lender headquartered in Duluth, Minnesota. Since 2020, they have approved 157 SBA 7(a) loans totaling $15.7M, with an average loan size of $100K. They serve businesses across 2 states.
About Northeast Entrepreneur Fund, Inc.
Northeast Entrepreneur Fund, Inc. is an SBA-approved lender headquartered in Duluth, Minnesota. Since 2020, they have approved 157 SBA 7(a) loans totaling $15.7M, with an average loan size of $100K. They serve businesses across 2 states.
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Frequently Asked Questions
Is Northeast Entrepreneur Fund, Inc. an SBA Preferred Lender?
Northeast Entrepreneur Fund, Inc. 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 Northeast Entrepreneur Fund, Inc. approved?
According to SBA FOIA public records, Northeast Entrepreneur Fund, Inc. has approved 157 SBA 7(a) loans totaling $15.7M since 2020. Their average loan size is $100K.
What states does Northeast Entrepreneur Fund, Inc. serve?
Northeast Entrepreneur Fund, Inc. serves businesses in 2 states: Minnesota, Wisconsin.
How do I apply for an SBA loan with Northeast Entrepreneur Fund, Inc.?
To apply for an SBA 7(a) loan with Northeast Entrepreneur Fund, Inc., 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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