Every SBA 7(a) and 504 loan approved in the seven counties in the last twelve months: 710 loans to 616 borrowers, median $225,250. 187 of them are opening a business or just bought one. They have the money now, and the fit-out, the kitchen, the line and the rooftop unit are what it buys.
Source: the U.S. Small Business Administration's 7(a) and 504 FOIA release, public domain, as of Jun 30, 2026 (the SBA publishes it quarterly, so the newest loans here are one to four months old; we re-pull every week and the list changes when the SBA does). Project county in Hennepin, Ramsey, Dakota, Anoka, Washington, Scott or Carver. Loans cancelled or never funded are left out (154 of them).
How to read it. The amount is what the SBA approved, not what has been spent. Drawn is the SBA's first-disbursement date; a loan not yet drawn is committed money the borrower has not pulled. Likely buying is read off the borrower's NAICS code: a restaurant buys a kitchen and a hood, a clinic buys a fit-out, a manufacturer buys a line. Why now is the SBA's business-age field: opening, under two years old, changed hands, or existing.
From Aidan Jude at Brick & Mortar (aidan@brickandmortar.dev).