Lender record
Deerwood Bank
The real lending record — every figure from funded deals. HQ: 131 6th Ave S, Waite Park, MN. 14 branches.
17
Recent deals (FY20+)
$191K
Typical deal
29 days
Approval → funding
0%
Failure rate (FY20–23)
Lender record
The real lending record — every figure from funded deals. HQ: 131 6th Ave S, Waite Park, MN. 14 branches.
17
Recent deals (FY20+)
$191K
Typical deal
29 days
Approval → funding
0%
Failure rate (FY20–23)
Most Deerwood Bank deals land between $83K and $350K — that range covers half of everything they fund. Top industries and states:
Industries they fund most
Most active states
Total assets
$1.6B
▲ 9.1% vs prior quarter
Deposits on hand
$1.4B
▲ 9.8% vs prior quarter
Loans outstanding
$915.6M
▼ 1.4% vs prior quarter
Net income (latest qtr)
$6.6M
FDIC call-report data, quarter ending 03/2026.
Free · No obligation · Usually same-day
Get in touch with Deerwood Bank
Tell us where to reach you and we'll arrange the introduction — to Deerwood Bank or a comparable SBA specialist who fits your deal even better.
Deerwood BankMain office131 6th Ave SWaite Park, MN 56387 · since 1910
Northome Branch12080 Main StNorthome, MN 56661 · since 1903
Deerwood Branch21236 Archibald RdDeerwood, MN 56444 · since 1910
Mendota Heights Branch1060 Dakota DrMendota Heights, MN 55120 · since 1927
Garrison Branch9451 Madison StGarrison, MN 56450 · since 1979
Saint Paul Branch2310 7th St WSaint Paul, MN 55116 · since 1995
Blackduck Branch16 Summit Ave WBlackduck, MN 56630 · since 1996
Bemidji Branch1350 Paul Bunyan Dr NwBemidji, MN 56601 · since 1997
Baxter Branch14986 Lynwood DrBaxter, MN 56425 · since 1997
Saint Michael Branch12725 43rd St NeSaint Michael, MN 55376 · since 1999
Sartell Branch2351 Connecticut Ave SSartell, MN 56377 · since 2006
Brainerd Office Branch611 Washington St NeBrainerd, MN 56401 · since 2008
Grand Rapids Branch2950 S Highway 169Grand Rapids, MN 55744 · since 2012
Ogema Branch516 Main St WOgema, MN 56569 · since 2024
Scroll for all 14 branches · Branch data: FDIC BankFind.
If you were the buyer here
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
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13 businesses on record. Each links to its full SBA record.
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DealRoom analysis of public lending records, FY2020–present. Not affiliated with Deerwood Bank.
Deerwood Bank is an SBA lender tracked by DealRoom.so SBA Intelligence, with lending activity broken down by state, industry, and loan size from public records. DealRoom is not a lender.
Source: DealRoom.so SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. DealRoom is not a lender and does not guarantee financing.
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Deerwood Bank is one of 1,000+ SBA lenders on record — and they all have different appetites. Tell us your deal size, industry, and location, and we'll point you to the banks that fund deals like yours.
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Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
If you were the buyer here
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
If you were the buyer here
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Your business? Claim this record · Request removal