The Entrepreneur Fund has been named Minnesota’s 2022 SBA Microlender of the Year by the U.S. Small Business Administration’s (SBA) Minnesota District.
Last week, the SBA Minnesota District recognized 11 lenders throughout the state for their commitment to helping small businesses succeed.
The U.S. has 137 SBA Microlenders. In 2021, the average SBA Microlender originated 32 loans for a total of $519,000. In 2021, the Entrepreneur Fund originated 132 SBA Microloans for a total of $4.1 million.