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Premier Bank

MAPLEWOOD, MN 55109

14
Loans Approved
$1.5M
Total Volume
$106K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Offices of Chiropractors
  • Administrative Management and General Management Consulting Services
  • General Automotive Repair
  • Used Car Dealers
  • Offices of Dentists

Quick Summary

Premier Bank is an SBA-approved lender headquartered in MAPLEWOOD, Minnesota. Since 2020, they have approved 14 SBA 7(a) loans totaling $1.5M, with an average loan size of $106K. They primarily serve Minnesota businesses.

About Premier Bank

Premier Bank is an SBA-approved lender headquartered in MAPLEWOOD, Minnesota. Since 2020, they have approved 14 SBA 7(a) loans totaling $1.5M, with an average loan size of $106K. They primarily serve businesses in Minnesota.

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Frequently Asked Questions

Is Premier Bank an SBA Preferred Lender?

Premier 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 Premier Bank approved?

According to SBA FOIA public records, Premier Bank has approved 14 SBA 7(a) loans totaling $1.5M since 2020. Their average loan size is $106K.

What states does Premier Bank serve?

Premier Bank primarily serves businesses in Minnesota.

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

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