Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Hugo, Minnesota Small Business Loans

 
Loan Census SBA Loan Info

Raising money in Hugo, Minnesota? If so, you'll want to talk to some of these small business lenders in Hugo.

If you are planning on applying for a small business loan and your business is based in Hugo, Minnesota, we've put together a list of local small business banks that you should contact.

Local Hugo Banks

Without further adieu, here's our list of small business banks in Hugo.

Small Business Bank Recent SBA Loans
Express ATM Services  
Lake Area Bank  
LINO Lakes State Bank  
Main Street Bank  
Mainstreet Bank  

SBA Lenders for Hugo Businesses

Banks outside of Hugo will often lend to entrepreneurs in Hugo, MN. Here's a list of out-of-area banks that have recently made loans to Hugo entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Minnesota or from out of state.

Small Business Bank Recent SBA Loans
Associated Bank
Minneapolis, MN
1
Bremer Bank
Saint Louis Park, MN
1
Bremer Bank
South Saint Paul, MN
3
Capital One
Mclean, VA
1
Capital One Bank (usa)
Glen Allen, VA
1
Central Bank
Stillwater, MN
1
Comerica Bank
Dallas, TX
1
Community National Bank
North Branch, MN
1
Drake Bank
Saint Paul, MN
1
Lake Area Bank
Forest Lake, MN
1
Landmark Commun Bank
Isanti, MN
1
Mainstreet Bank
Forest Lake, MN
1
Merchants Bank
Winona, MN
1
North American Banking Company
Roseville, MN
1
Premier Bank
Maplewood, MN
2
U.S. Bank National Association
Cincinnati, OH
13
Wells Fargo Bank
San Jose, CA
1

Hugo Bank Loan Tips

When your business is growing, it's going to happen.

"I need a small business loan!" you'll say.

Maybe you need a $20,000 small business loan to expand into a new facility. Perhaps you need a $100,000 business loan to buy some new equipment.

It's time to introduce yourself to a small business lender in Hugo.

Sure, there are other sources of small business funding: borrowing family money, equity financing, and merchant credit card loans, to name a few.

But, when all is said and done, finding a loan from a small business banker is often the easiest way for a small business to get cash in a hurry to meet short-term business objectives.

Gaebler.com Advice on Raising Money

Gaebler.com is a site that is devoted to aiding entrepreneurs, and we have a lot of resources related to to Raising Money. If raising money is on your to-do list, we would suggest you read How Equity Dilution Works.

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