Lender record
The Bank of Elk River
The real lending record — every figure from funded deals. HQ: 630 Main St Nw, Elk River, MN. 4 branches.
81
Recent deals (FY20+)
$250K
Typical deal
10 days
Approval → funding
7%
Failure rate (FY20–23)
Lender record
The real lending record — every figure from funded deals. HQ: 630 Main St Nw, Elk River, MN. 4 branches.
81
Recent deals (FY20+)
$250K
Typical deal
10 days
Approval → funding
7%
Failure rate (FY20–23)
Most The Bank of Elk River deals land between $107K and $444K — that range covers half of everything they fund. Top industries and states:
Industries they fund most
Most active states
Total assets
$714.7M
▼ 0.4% vs prior quarter
Deposits on hand
$659.7M
▲ 0.1% vs prior quarter
Loans outstanding
$447.8M
▲ 3.5% vs prior quarter
Net income (latest qtr)
$1.2M
FDIC call-report data, quarter ending 03/2026.
Free · No obligation · Usually same-day
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The Bank Of Elk RiverMain office630 Main St NwElk River, MN 55330 · since 1885
School Street Office846 Freeport Ave NwElk River, MN 55330 · since 1986
Otsego Office15800 88th St NeOtsego, MN 55330 · since 1995
Zimmerman Office Branch26319 2nd St EZimmerman, MN 55398 · since 2005
Branch data: FDIC BankFind.
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4 of The Bank of Elk River's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.
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61 businesses on record — the 60 largest by funding. Each links to its full SBA record.
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DealRoom analysis of public lending records, FY2020–present. Not affiliated with The Bank of Elk River.
The Bank of Elk River 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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1 deals
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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