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Home Minnesota Scale Bank

Scale Bank

EDINA, MN 55435

⭐ SBA Preferred Lender
43
Loans Approved
$14.7M
Total Volume
$341K
Avg Loan Size
3
States Served

States Served

Top Industries Financed

  • All Other Miscellaneous Waste Management Services
  • All Other Specialty Trade Contractors
  • Janitorial Services
  • Other Construction Material Merchant Wholesalers
  • Couriers

Quick Summary

Scale Bank is an SBA-approved lender headquartered in EDINA, Minnesota. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 43 SBA 7(a) loans totaling $14.7M, with an average loan size of $341K. They serve businesses across 3 states.

About Scale Bank

Scale Bank is an SBA-approved lender headquartered in EDINA, Minnesota. Since 2020, they have approved 43 SBA 7(a) loans totaling $14.7M, with an average loan size of $341K. 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 3 states.

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Frequently Asked Questions

Is Scale Bank an SBA Preferred Lender?

Yes, Scale Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has Scale Bank approved?

According to SBA FOIA public records, Scale Bank has approved 43 SBA 7(a) loans totaling $14.7M since 2020. Their average loan size is $341K.

What states does Scale Bank serve?

Scale Bank serves businesses in 3 states: Minnesota, South Dakota, Wisconsin.

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

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