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Premier Bank Minnesota

Hastings, MN 55033

15
Loans Approved
$1.7M
Total Volume
$114K
Avg Loan Size
1
States Served

States Served

Minnesota

Top Industries Financed

  • Offices of Chiropractors
  • Plumbing, Heating, and Air-Conditioning Contractors
  • Nail Salons
  • Soybean Farming
  • Animal (except Poultry) Slaughtering

Quick Summary

Premier Bank Minnesota is an SBA-approved lender headquartered in Hastings, Minnesota. Since 2020, they have approved 15 SBA 7(a) loans totaling $1.7M, with an average loan size of $114K. They primarily serve Minnesota businesses.

About Premier Bank Minnesota

Premier Bank Minnesota is an SBA-approved lender headquartered in Hastings, Minnesota. Since 2020, they have approved 15 SBA 7(a) loans totaling $1.7M, with an average loan size of $114K. 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 Premier Bank Minnesota an SBA Preferred Lender?

Premier Bank Minnesota 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 Premier Bank Minnesota approved?

According to SBA FOIA public records, Premier Bank Minnesota has approved 15 SBA 7(a) loans totaling $1.7M since 2020. Their average loan size is $114K.

What states does Premier Bank Minnesota serve?

Premier Bank Minnesota primarily serves businesses in Minnesota.

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

To apply for an SBA 7(a) loan with Premier Bank Minnesota, 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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