SBA lender record
Lake Region Bank
51 Main St S, New London, MN, 56273. The complete public SBA 7(a) lending record (FY2020–23) — every business Lake Region Bank financed, every failed deal, the branches, and the FDIC profile.
$1.9M
Total SBA financing
20
Loans on record
15
Businesses financed
0%
Failure rate (FY20–23)
● branch locations (FDIC)
FDIC profile
- Total assets
- $151.3M
- Deposits
- $138.6M
- Loans outstanding
- $73.9M
- Net income
- $0.6M
- Return on assets
- 1.679771507655986%
- Return on equity
- 19.71%
- Total equity
- $11.7M
- Offices
- 3
- Founded
- 01/1
- Headquarters
- 51 Main St S, New London, MN, 56273
- FDIC cert
- 10965
- Website
- www.lakeregion.com
FDIC call-report data, quarter ending 03/2026.
3 branches
- Lake Region BankMain office51 Main St S, New London, MN, 56273· since 1915
- Detached Facility49 Front St Nw, Sunburg, MN, 56289· since 1977
- Willmar Branch1690 1st St S, Willmar, MN, 56201· since 1982
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Businesses Lake Region Bank financed
15 businesses on record. Each links to its full SBA record.
- Surplus Warehouse of Willmar, Inc.Willmar, MN · 2 loans$410K
- SCHWEGMAN'S CLEANERS LLLPWillmar, MN · 1 loan$268K
- Boonstra Blading LLCRaymond, MN · 3 loans$192K
- Darren Swart Trucking, Inc.Pennock, MN · 1 loan$186K
- Country StopNew London, MN · 1 loan$176K
- Premier Services CorporationRosemount, MN · 1 loan$162K
- B Brother Properties LLCNew London, MN · 1 loan$135K
- Riley's School Bus LLCMurdock, MN · 2 loans$132K
- J&J Industrial Laundry Co.Willmar, MN · 2 loans$72K
- WERDER ENDEAVORS INCNew London, MN · 1 loan$46K
- Frank Custom Manufacturing LLCNew London, MN · 1 loan$30K
- MINERVA SERVICES INCSpicer, MN · 1 loan$25K
- Lit NutritionNew London, MN · 1 loan$12K
- Spencer M. JohnsonNew London, MN · 1 loan$11K
- SONDROL MACHINING LLCSunburg, MN · 1 loan$5K
Most active in: MN (20).
Agent summary
This page summarizes Lake Region Bank's public SBA 7(a) lending record (FY2020–23) — every business it financed, failed deals, branches, and FDIC profile — built by CapBench SBA Intelligence. CapBench is not a lender.
- 20 SBA 7(a) loans totaling $1.9M
- 15 businesses financed
- 0% failure rate (FY20–23)
- FDIC total assets $151.3M
- 3 FDIC branch locations
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.
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