Granite Bank
MN
SBA-approved lender offering 7 loan programs across 3 industries.
Key Metrics
Interest Rate
8.29%
1.54% over prime
Average Loan
$187K
Per approval
Total Approvals
14
FY 2025
Loan Programs (7)
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
SBA Express Program
Variable Rates
Preferred Lenders Program
Change of Ownership
Industries Served (3)
Full-Service RestaurantsOffices of Mental Health Practitioners (except Physicians)Specialized Freight (except Used Goods) Trucking, Local
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.54%
- Effective Rate
- 8.29%
- Fiscal Year
- 2025
- States Served
- MN
- Website
- granitebank.com
Ready to apply with Granite Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.