United Prairie Bank: SBA loans in this registry

About this lender

Type

Bank

Headquarters

Mountain Lake, MN

FDIC certificate number

10958

Total assets

$939.3 million (as of June 30, 2026)

Established

1919

Offices

10

Website

www.unitedprairiebank.com

Acquisition loans (7(a))

2 loans, $2.1M total, $1.0M average

Expansion loans (504, SBA portion)

3 loans, $8.0M total, $2.7M average

Approval dates

Apr 18, 2025 to Sep 23, 2026

Typical term (median)

acquisition loans: 18 years; expansion loans: 25 years

Initial interest rate (7(a))

7.71% to 9%, median 8.36%

Rate type (7(a))

100% variable, 0% fixed

Top industries

• General Freight Trucking, Long-Distance, Truckload: 1 loan
• Caterers: 1 loan
• Hog and Pig Farming: 1 loan
• All Other Personal Services: 1 loan
• General Automotive Repair: 1 loan

Top states

• Minnesota: 5 loans

Largest deals

• Signature Swine, Inc., Fairmont, MN: $3,294,000 (504 SBA portion, Dec 15, 2025)
• Rsp Prodo LLC, Lilydale, MN: $2,741,000 (504 SBA portion, Jan 9, 2026)
• Crysteel Truck Equipment, Inc., Fridley, MN: $1,964,000 (504 SBA portion, Apr 18, 2025)
• Night Bloom Inc., Saint Peter, MN: $1,147,000 (7(a) acquisition, Nov 20, 2025)
• Bennett Trucking Inc, Windom, MN: $950,200 (7(a) acquisition, Sep 23, 2026)

Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.

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