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Lender record

Prairie Sun Bank

The real lending record — every figure from funded deals. HQ: 240 N 2nd St, Milan, MN. 4 branches.

1

Recent deals (FY20+)

$285K

Typical deal

—

Approval → funding

Where Prairie Sun Bank lends

Deal profile

Most Prairie Sun Bank deals land between $285K and $285K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

1.General Freight Trucking, Local (1)

Most active states

1.South Dakota (1 deals)

Can Prairie Sun Bank fund you? The bank behind the loans

Total assets

$105.7M

▼ 6.8% vs prior quarter

Deposits on hand

$94.4M

▼ 7.7% vs prior quarter

Loans outstanding

$76.8M

▼ 2.2% vs prior quarter

Net income (latest qtr)

$368K

•SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes Prairie Sun Bank more SBA-focused than 60% of the banks on our record.
•Deposits shrank last quarter — worth asking early how much new-loan appetite they have right now.
•Return on assets of 1.34% — above the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

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Walk into a Prairie Sun Bank branch (4)

Prairie Sun BankMain office240 N 2nd StMilan, MN 56262 · since 1915

Detached Facility250 N Miles StAppleton, MN 56208 · since 1880

Marietta Branch201 3rd Ave NMarietta, MN 56257 · since 1941

Browns Valley Branch325 W BroadwayBrowns Valley, MN 56219 · since 2021

Branch data: FDIC BankFind.

Recent deals

Nicholas John Karsky in Watertown, SD — $285K (2024) · General Freight Trucking, Local
Program
7a General
Rate at approval
9.25% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$214K (75%)
Approval → funding
64 days
Approved
6/11/2024
First disbursed
8/14/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Individual
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
General Freight Trucking, Local
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Businesses Prairie Sun Bank financed

1 business on record. Each links to its full SBA record.

Nicholas John KarskyWatertown, SD · 1 loan$285K

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DealRoom analysis of public lending records, FY2020–present. Not affiliated with Prairie Sun Bank.

AI summary

Prairie Sun 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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I authorize DealRoom to share my contact information with SBA lending partners and loan brokers (including partners who compensate DealRoom), who may contact me about financing. DealRoom is not a lender and makes no credit decision.