SBAPULSE

The Bank of Elk River

Headquartered in ELK RIVER, MN

Compare interactively in the Lender Explorer.

7(a) Lending

Gross approval amounts

FY2026 Volume

$6.6M

#411 by FY2026 volume

FY2026 Loans

16

$410K avg size

FY2022–FY2026 Volume

$29.0M

FY2022–FY2026 Loans

57

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

1 state, districts, and territories with activity

#
1MN16$6.6M$410K
Explore 7(a) loan-level performance

504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2026 Volume

$450K

#1122 by FY2026 volume

FY2026 Loans

1

$450K avg size

FY2022–FY2026 Volume

$7.2M

FY2022–FY2026 Loans

12

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

1 state, districts, and territories with activity

#
1MN1$0.5M$450K
Explore 504 loan-level performance as third party lender

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.