Highland Bank

MN

SBA-approved lender offering 7 loan programs across 8 industries.

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Key Metrics

Interest Rate

8.39%

1.64% over prime

Average Loan

$748K

Per approval

Total Approvals

19

FY 2025

Loan Programs (7)

Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
7a General

Industries Served (8)

Beauty SalonsCommercial Gravure PrintingCommercial and Institutional Building ConstructionElectrical ContractorsInsurance Agencies and BrokeragesOther Support Activities for Road TransportationResidential RemodelersTemporary Help Services

Additional Details

Prime Rate
6.75%
Rate Over Prime
1.64%
Effective Rate
8.39%
Fiscal Year
2025
States Served
MN

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