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Security State Bank of Hibbing

Hibbing, MN 55746

1
Loans Approved
$2.0M
Total Volume
$2.0M
Avg Loan Size
1
States Served

States Served

Minnesota

Top Industries Financed

  • All Other Miscellaneous Fabricated Metal Product Manufacturing

Quick Summary

Security State Bank of Hibbing is an SBA-approved lender headquartered in Hibbing, Minnesota. Since 2020, they have approved 1 SBA 7(a) loans totaling $2.0M, with an average loan size of $2.0M. They primarily serve Minnesota businesses.

About Security State Bank of Hibbing

Security State Bank of Hibbing is an SBA-approved lender headquartered in Hibbing, Minnesota. Since 2020, they have approved 1 SBA 7(a) loans totaling $2.0M, with an average loan size of $2.0M. 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 Security State Bank of Hibbing an SBA Preferred Lender?

Security State Bank of Hibbing 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 Security State Bank of Hibbing approved?

According to SBA FOIA public records, Security State Bank of Hibbing has approved 1 SBA 7(a) loans totaling $2.0M since 2020. Their average loan size is $2.0M.

What states does Security State Bank of Hibbing serve?

Security State Bank of Hibbing primarily serves businesses in Minnesota.

How do I apply for an SBA loan with Security State Bank of Hibbing?

To apply for an SBA 7(a) loan with Security State Bank of Hibbing, 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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