Lender record
Prime Security Bank
The real lending record — every figure from funded deals. HQ: 201 Main St N, Karlstad, MN. 3 branches.
17
Recent deals (FY20+)
$172K
Typical deal
10 days
Approval → funding
Where Prime Security Bank lends
Deals Prime Security Bank funded — list all 17 as text
- VGW FARIBAULT CUSTARD LLC — Faribault · $900K · FY2026 · Limited-Service Restaurants
- REMastered Sleep LLC — Burnsville · $500K · FY2026 · Surgical and Medical Instrument Manufacturing
- LEGACY MISSION LLC — Apple Valley · $345K · FY2026 · Offices of Certified Public Accountants
- LEGACY MISSION LLC — Apple Valley · $150K · FY2026 · Offices of Certified Public Accountants
- E&H Kazo LLC — Inver Grove Heights · $50K · FY2026 · Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing
- THE MARKETING CLERICS LLC — Hastings · $45K · FY2025 · Computing Infrastructure Providers, Data Processing, Web Hos
- Team Vail Inc — Lexington · $175K · FY2024 · Plumbing, Heating, and Air-Conditioning Contractors
- PRECISION YARD SERVICES — Jordan · $45K · FY2024 · Landscaping Services
- Ferguson Fitness LLC — Burnsville · $312K · FY2023 · Fitness and Recreational Sports Centers
- Fresh Picked Pizza Blaine, Inc. — Blaine · $188K · FY2022 · Full-Service Restaurants
- 2ND STREET SALOON LLC — Kenyon · $100K · FY2022 · Full-Service Restaurants
- LOCKLEAR PAINTING LLC — Savage · $75K · FY2022 · Painting and Wall Covering Contractors
- Team Vail Inc — Lexington · $990K · FY2021 · Plumbing, Heating, and Air-Conditioning Contractors
- CellVida, LLC — Savage · $230K · FY2021 · All Other Outpatient Care Centers
- I.M. DANCE STUDIO INC. — St. Louis Park · $164K · FY2021 · Dance Companies
- KARLSTAD KORNER LLC — Karlstad · $25K · FY2021 · Gasoline Stations with Convenience Stores
- All A Board, Incorporated — Pierre · $172K · FY2020 · Other Direct Selling Establishments
Deal profile
Most Prime Security Bank deals land between $75K and $312K — that range covers half of everything they fund. Top industries and states:
Industries they fund most
- 1.Offices of Certified Public Accountants (2)
- 2.Plumbing, Heating, and Air-Conditioning Contractors (2)
- 3.Full-Service Restaurants (2)
- 4.Limited-Service Restaurants (1)
- 5.Surgical and Medical Instrument Manufacturing (1)
- 6.Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing (1)
- 7.Computing Infrastructure Providers, Data Processing, Web Hos (1)
- 8.Landscaping Services (1)
Most active states
- 1.Minnesota (16 deals)
- 2.South Dakota (1 deals)
Franchises they finance most
Can Prime Security Bank fund you? The bank behind the loans
Total assets
$148.6M
▲ 2.1% vs prior quarter
Deposits on hand
$125.1M
▼ 1.9% vs prior quarter
Loans outstanding
$127.1M
▲ 1.4% vs prior quarter
Net income (latest qtr)
$536K
- •An active SBA program (~1.5% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes Prime Security Bank more SBA-focused than 84% 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 1.46% — 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 Prime Security Bank branch (3)
Prime Security BankMain office201 Main St NKarlstad, MN 56732 · since 1925
Shakopee Branch1305 Vierling Dr EShakopee, MN 55379 · since 1998
Eagan Branch1595 Thomas Center DrEagan, MN 55122 · since 2008
Branch data: FDIC BankFind.
Recent deals
- VGW FARIBAULT CUSTARD LLC in Faribault, MN — $900K (2026) · Limited-Service Restaurants
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $675K (75%)
- Approved
- 2/13/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Franchise
- Culver's ButterBurgers & Frozen Custard
- Jobs supported
- 70
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
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- REMastered Sleep LLC in Burnsville, MN — $500K (2026) · Surgical and Medical Instrument Manufacturing
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $250K (50%)
- Approved
- 3/5/2026
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Existing or more than 2 years old
- Industry
- Surgical and Medical Instrument Manufacturing
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- LEGACY MISSION LLC in Apple Valley, MN — $345K (2026) · Offices of Certified Public Accountants
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $259K (75%)
- Approval → funding
- 10 days
- Approved
- 11/24/2025
- First disbursed
- 12/4/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Existing or more than 2 years old
- Industry
- Offices of Certified Public Accountants
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- LEGACY MISSION LLC in Apple Valley, MN — $150K (2026) · Offices of Certified Public Accountants
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $75K (50%)
- Approved
- 11/24/2025
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Existing or more than 2 years old
- Industry
- Offices of Certified Public Accountants
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- E&H Kazo LLC in Inver Grove Heights, MN — $50K (2026) · Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approval → funding
- 4 days
- Approved
- 1/5/2026
- First disbursed
- 1/9/2026
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- New Business or 2 years or less
- Industry
- Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing
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- THE MARKETING CLERICS LLC in Hastings, MN — $45K (2025) · Computing Infrastructure Providers, Data Processing, Web Hos
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $23K (50%)
- Approval → funding
- 6 days
- Approved
- 2/14/2025
- First disbursed
- 2/20/2025
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- New Business or 2 years or less
- Industry
- Computing Infrastructure Providers, Data Processing, Web Hos
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- Team Vail Inc in Lexington, MN — $175K (2024) · Plumbing, Heating, and Air-Conditioning Contractors
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $88K (50%)
- Approval → funding
- 33 days
- Approved
- 12/1/2023
- First disbursed
- 1/3/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Existing or more than 2 years old
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
Your business? Claim this record · Request removal
- PRECISION YARD SERVICES in Jordan, MN — $45K (2024) · Landscaping Services
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $23K (50%)
- Approval → funding
- 225 days
- Approved
- 3/21/2024
- First disbursed
- 11/1/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Existing or more than 2 years old
- Industry
- Landscaping Services
Your business? Claim this record · Request removal
- Ferguson Fitness LLC in Burnsville, MN — $312K (2023) · Fitness and Recreational Sports Centers
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $234K (75%)
- Approval → funding
- 7 days
- Approved
- 8/30/2023
- First disbursed
- 9/6/2023
- Loan status
- Paid in full (8/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Franchise
- Snap Fitness
- Jobs supported
- 8
- Business age
- New Business or 2 years or less
- Industry
- Fitness and Recreational Sports Centers
Your business? Claim this record · Request removal
- Fresh Picked Pizza Blaine, Inc. in Blaine, MN — $188K (2022) · Full-Service Restaurants
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 179 months
- SBA guaranteed
- $141K (75%)
- Approval → funding
- 5 days
- Approved
- 4/27/2022
- First disbursed
- 5/2/2022
- Loan status
- Paid in full (7/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 30
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Full-Service Restaurants
Your business? Claim this record · Request removal
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Businesses Prime Security Bank financed
15 businesses on record. Each links to its full SBA record.
- Team Vail IncLexington, MN · 2 loans$1.2M
- VGW FARIBAULT CUSTARD LLCFaribault, MN · 1 loan$900K
- REMastered Sleep LLCBurnsville, MN · 1 loan$500K
- LEGACY MISSION LLCApple Valley, MN · 2 loans$495K
- Ferguson Fitness LLCBurnsville, MN · 1 loan$312K
- CellVida, LLCSavage, MN · 1 loan$230K
- Fresh Picked Pizza Blaine, Inc.Blaine, MN · 1 loan$188K
- All A Board, IncorporatedPierre, SD · 1 loan$172K
- I.M. DANCE STUDIO INC.St. Louis Park, MN · 1 loan$164K
- 2ND STREET SALOON LLCKenyon, MN · 1 loan$100K
- LOCKLEAR PAINTING LLCSavage, MN · 1 loan$75K
- E&H Kazo LLCInver Grove Heights, MN · 1 loan$50K
- PRECISION YARD SERVICESJordan, MN · 1 loan$45K
- THE MARKETING CLERICS LLCHastings, MN · 1 loan$45K
- KARLSTAD KORNER LLCKarlstad, MN · 1 loan$25K
Work at Prime Security Bank?
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CapBench analysis of public lending records, FY2020–present. Not affiliated with Prime Security Bank.
Agent summary
This page summarizes Prime Security 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.
- 17 SBA 7(a) loans on record
- $172K typical deal
- 1 business-acquisition loans
- HQ: 201 Main St N, Karlstad, MN
- 3 FDIC branch locations
- FDIC total assets $148.6M
- 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.
- 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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