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Lender record

Minnwest Bank

The real lending record — every figure from funded deals. HQ: 300 S Washington St, Redwood Falls, MN. 36 branches.

189

Recent deals (FY20+)

$350K

Typical deal

12 days

Approval → funding

4.9%

Failure rate (FY20–23)

Where Minnwest Bank lends

Deals Minnwest Bank funded — list all 189 as text

Deal profile

Most Minnwest Bank deals land between $191K and $655K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Limited-Service Restaurants (9)
  2. 2.Breweries (8)
  3. 3.All Other Professional, Scientific, and Technical Services (7)
  4. 4.Fitness and Recreational Sports Centers (7)
  5. 5.Sporting Goods Retailers (5)
  6. 6.Landscaping Services (5)
  7. 7.Poultry and Poultry Product Merchant Wholesalers (5)
  8. 8.Piece Goods, Notions, and Other Dry Goods Merchant Wholesale (5)

Most active states

  1. 1.Minnesota (169 deals)
  2. 2.South Dakota (14 deals)
  3. 3.Wisconsin (5 deals)
  4. 4.Iowa (1 deals)

Franchises they finance most

Nautical Bowls

5 deals

Two Men and a Truck

4 deals

Discover Strength

2 deals

F45 Training

2 deals

FSBOHOMES

2 deals

Can Minnwest Bank fund you? The bank behind the loans

Total assets

$3.0B

▼ 1.6% vs prior quarter

Deposits on hand

$2.6B

▼ 1.7% vs prior quarter

Loans outstanding

$2.2B

▲ 4.5% vs prior quarter

Net income (latest qtr)

$9.3M

  • •SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes Minnwest Bank more SBA-focused than 61% of the banks on our record.
  • •Deposits shrank last quarter — worth asking early how much new-loan appetite they have right now.
  • •Return on assets of 1.25% — above the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a Minnwest Bank branch (36)

Minnwest BankMain office300 S Washington StRedwood Falls, MN 56283 · since 1941

Minnwest Bank Luverne Branch116 E Main StLuverne, MN 56156 · since 1882

Minnwest Bank Luverne- Hwy 75 Branch800 S Kniss AveLuverne, MN 56156 · since 1894

Security State Bank Of Lewiston Branch225 E Main StLewiston, MN 55952 · since 1905

Wykoff Branch102 Gold St SWykoff, MN 55990 · since 1905

Minnwest Bank South Branch250 3rd StTracy, MN 56175 · since 1905

Gibbon Branch1069 1st AveGibbon, MN 55335 · since 1906

Eastside Branch1275 E Bridge StRedwood Falls, MN 56283 · since 1914

Lake Wilson Branch300 Broadway AveLake Wilson, MN 56151 · since 1919

Hammond Branch276 Center St EHammond, MN 55991 · since 1924

Peoples State Bank Branch401 Maple StSummit, SD 57266 · since 1927

Belview Branch113 N Main StBelview, MN 56214 · since 1928

Minnwest Bank South Branch2565 King AveSlayton, MN 56172 · since 1930

Minnwest Bank Ortonville Branch21 2nd St SeOrtonville, MN 56278 · since 1930

Dawson Branch579 Pine StDawson, MN 56232 · since 1931

Danube Branch200 Oak StDanube, MN 56230 · since 1935

Wilmont Branch709 Main StWilmot, SD 57279 · since 1941

Waldorf Branch102 Main StWaldorf, MN 56091 · since 1947

Minnwest Bank Metro Branch1150 Yankee Doodle RdEagan, MN 55121 · since 1958

Minnwest Bank, M.V. - Morton Branch Office224 W 2nd StMorton, MN 56270 · since 1983 · limited service

Montevideo Branch1404 East State Highway 7Montevideo, MN 56265 · since 1993

Spring Valley Branch112 W Main StSpring Valley, MN 55975 · since 1995

Marshall Branch301 Baseline RdMarshall, MN 56258 · since 1996

Community Security Bank Branch1100 1st St NeNew Prague, MN 56071 · since 1997

Florence Branch224 Main StreetFlorence, SD 57235 · since 2000

Minnwest Bank Sioux Falls Branch5001 S Louise AveSioux Falls, SD 57108 · since 2000

St. Cloud Branch3130 2nd St SSaint Cloud, MN 56301 · since 2002

Big Stone City Branch607 Cornell AveBig Stone City, SD 57216 · since 2004

Minnetonka Branch14820 Highway 7Minnetonka, MN 55345 · since 2005

Farmington Branch3380 Vermillion River TrlFarmington, MN 55024 · since 2006

Sioux Falls Branch5324 E Arrowhead PkwySioux Falls, SD 57110 · since 2006

Www.Minnwestbank.Com107 N 1st StMontevideo, MN 56265 · since 2018

Minnwest Finance Admin Branch14820 Highway 7Minnetonka, MN 55345 · since 2019

Rochester Branch33 4th St Sw Ste 100Rochester, MN 55902 · since 2020

Waseca Branch200 2nd St NeWaseca, MN 56093 · since 2021

Rochester Branch2575 Commerce Drive N.W.Rochester, MN 55901 · since 2023

Scroll for all 36 branches · Branch data: FDIC BankFind.

Recent deals

  • Coordinated Business Systems, Ltd. of Minnesota in Burnsville, MN — $4.0M (2026) · purchase · Computing Infrastructure Providers, Data Processing, Web Hos
  • Wilmot Lumber Yard, Inc. in Wilmot, SD — $1.1M (2026) · purchase · Other Building Material Dealers
  • New Kingdom Pediatrics LLC in Eden Prairie, MN — $750K (2026) · Offices of Physicians (except Mental Health Specialists)
  • FLOUR & FLOWER BAKERY LLC in Saint Joseph, MN — $218K (2026) · Snack and Nonalcoholic Beverage Bars
  • Ballistic Forge LLC in Harrisburg, SD — $102K (2026) · Sporting Goods Retailers
  • Euroworx Auto Group LLC in New Prague, MN — $100K (2026) · General Automotive Repair
  • Magna Vita Home Healthcare Fund I, LP in Minneapolis, MN — $3.5M (2025) · purchase · Home Health Care Services
  • Wyatt Boulevard Investments LLC in Saint Paul, MN — $2.9M (2025) · Frozen Fruit, Juice, and Vegetable Manufacturing
  • Euroworx Auto Group LLC in New Prague, MN — $2.0M (2025) · purchase · General Automotive Repair
  • Matzke Memorials, LLC in La Crosse, WI — $1.5M (2025) · purchase · All Other Miscellaneous Retailers

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.

Failed deals

7 of Minnwest Bank's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.

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Businesses Minnwest Bank financed

130 businesses on record — the 60 largest by funding. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with Minnwest Bank.

Agent summary

This page summarizes Minnwest Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 189 SBA 7(a) loans on record
  • $350K typical deal
  • 37 business-acquisition loans
  • HQ: 300 S Washington St, Redwood Falls, MN
  • 36 FDIC branch locations
  • FDIC total assets $3.0B

Next steps

Request an introRank lendersPre-qualify a deal
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/minnwest-bank
API:
https://www.capbench.com/api/public/lenders/minnwest-bank
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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