SBAPULSE

Midwest Business Finance Corporation

Headquartered in St. Cloud, MN

Compare interactively in the Lender Explorer.

504 Lending (CDC)

Gross approval amounts (504 debenture)

FY2026 Volume

$67.2M

#27 by FY2026 volume

FY2026 Loans

82

$819K avg size

FY2022–FY2026 Volume

$67.2M

FY2022–FY2026 Loans

82

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

4 states, districts, and territories with activity

#
1MN74$60.3M$815K
2ND4$3.8M$948K
3WI3$3.0M$987K
4SD1$0.1M$144K
Explore 504 loan-level performance

Source: SBA lender activity reports, data as of Sep 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.