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Old National Bank SBA loans in Minnesota

Short answer

SBA's loan file shows Old National Bank made 455 SBA loans in Minnesota since October 2019. 9.5% went to startups, against 17.8% of its loans nationally. The lender made 4.8% of Minnesota's SBA loans, against 0.43% of loans nationwide.

SBA loans, Oct 2019 to Jun 2026
455
median loan
$481,000
dollars approved
$399.31M
went to startups
9.5%

This site is not Old National Bank

sbaexpress.loans is not Old National Bank, and Old National Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from Old National Bank.

These are the 455 SBA 7(a) loans Old National Bank made in Minnesota approved October 2019 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. Every state page for this lender uses this same period, so the pages can be compared with each other.

How Old National Bank differs in Minnesota

What this means for you. If yours is a new business, Old National Bank funded startups less often here than it did elsewhere, so ask early whether a lender funds new businesses.

Startups

9.5% of the loans in Minnesota went to startups, where the loan opens the business, against 17.8% of its loans nationally.

Startups (the loan opens the business), share of loans, Oct 2019 to Jun 2026
  • Minnesota9.5%
  • All its U.S. loans17.8%

Share of the state's loans

Old National Bank made 4.8% of the SBA loans approved in Minnesota since October 2019, against 0.43% of loans nationwide. Its share here is 11.2 times its national share.

Share of all SBA loans, Oct 2019 to Jun 2026
  • Minnesota4.8%
  • All its U.S. loans0.43%

We compared 9 measures with the national figure for the same period, and these are the 2 that differ clearly. The table compares every measure.

Minnesota next to the U.S.

Minnesota compared with all of Old National Bank's U.S. loans, October 2019 to June 2026
MeasureMinnesotaAll its U.S. loansReading
Lender's share of all SBA loans4.8%0.43%Clearly higher
Median loan$481,000$500,000No clear gap
Middle half of loans$200,000 to $1,051,900$200,000 to $1,247,675–
Startups (the loan opens the business)9.5%17.8%Clearly lower
In business 2 years or less24.8%20.9%No clear gap
In business more than 2 years33.0%27.8%No clear gap
Change of ownership32.3%33.0%No clear gap
SBA Express29.0%30.8%No clear gap
Lines of credit28.1%28.8%No clear gap
Median term10 years10 years–
Median spread over Prime at approval1.5 points over Prime1.5 points over Prime–

Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference.

What Old National Bank lends to in Minnesota

The 5 industries below account for 58 of the 455 loans approved October 2019 to June 2026, or 12.7%. An industry is listed when it has 5 or more of them, five at most.

Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries.

Old National Bank in other states

Other states where these loans differ clearly from the national pattern, most loans first.

Old National Bank by state
StateLoans since October 2019
Wisconsin193
Michigan127
Tennessee80
North Dakota52

Other lenders in Minnesota

Other lenders in Minnesota with a clear difference from the national pattern, most loans first.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. How we build these pages.

Ask lending partners about your loan in Minnesota

Tell us your state, loan amount and purpose, and we route your inquiry to lending partners. We are not Old National Bank and cannot say whether it would lend to you.

Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.

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