#1Ultima Bank Minnesota
Serves this area from MN
SBA Lenders in Mahnomen County, MN
The top-ranked SBA lenders serving Mahnomen County, MN are Ultima Bank Minnesota, State Bank of Lake Park and Midwest Bank. We list 4 SBA lenders serving Mahnomen County, MN. 4 of the providers shown match an active record from U.S. Small Business Administration, checked on the date shown. Rankings follow our published methodology; sponsored placements never change rank.
SBA Lenders serving Mahnomen County, MN. 4 providers, 4 of the top 4 verified against federal or state records. Registry records checked on 2026-11-04.
Top 4 ranked SBA lenders for Mahnomen County
| # | Provider | Verified records | Based in | Phone |
|---|---|---|---|---|
| 1 | Ultima Bank Minnesota | Lender on 23 SBA-guaranteed loans (FY 2024) | MN | — |
| 2 | State Bank of Lake Park | Lender on 2 SBA-guaranteed loans (FY 2024) | Lake Park, MN (34 mi) | (218) 238-5955 |
| 3 | Midwest Bank | Lender on 5 SBA-guaranteed loans (FY 2024) | Detroit Lakes, MN (34 mi) | — |
| 4 | Red River State Bank | Lender on 6 SBA-guaranteed loans (FY 2024) | Halstad, MN (48 mi) | (218) 456-2187 |
#2State Bank of Lake Park
Serves this area from Lake Park, MN (34 mi)#3Midwest Bank
Serves this area from Detroit Lakes, MN (34 mi)#4Red River State Bank
Serves this area from Halstad, MN (48 mi)
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Frequently asked questions
How many SBA lenders serve Mahnomen County?
We list 4 SBA lenders serving Mahnomen County, MN: 0 based there and 4 serving it from nearby. 4 of the top 4 match an active federal or state record, checked on 2026-11-04.
Which SBA lenders serve Mahnomen County?
The top-ranked SBA lenders serving Mahnomen County, MN are Ultima Bank Minnesota, State Bank of Lake Park, Midwest Bank and Red River State Bank. The full ranked list, with the official records each provider matched, is on this page.
Which SBA lenders serving Mahnomen County are verified against official records?
4 of the top 4 match an active official record: Ultima Bank Minnesota (U.S. Small Business Administration), State Bank of Lake Park (U.S. Small Business Administration), Midwest Bank (U.S. Small Business Administration) and Red River State Bank (U.S. Small Business Administration). Each badge links to the official record it matched.
How are these companies ranked?
By our published methodology: verified registrations, documented capabilities, years registered and responsiveness. Sponsored placements are shown separately and never affect rank.
What does "Verified" mean on this page?
"Verified" means we matched the provider to an active official record on the date shown; each badge links to that record. The absence of a badge only means we have not verified that item.
What is the difference between SBA 7(a) and 504 loans?
SBA 7(a) loans fund many purposes, from working capital to acquisitions. SBA 504 loans pair a bank with a Certified Development Company to finance real estate and major equipment.
"Verified" means we matched the provider to an active official record on the date shown. The absence of a badge only means we have not verified that item. How we rank and verify. Page updated .
Communities served
Mahnomen, Naytahwaush, Waubun, Riverland, Twin Lakes, Beaulieu, Bejou, West Roy Lake, Pine Bend, Midway, The Ranch