You deserve timely decisions on your business lending application. To help us expedite the process, please come prepared with the following required documents. 

Existing Businesses

New Businesses

Congratulations on deciding to start your own business! Our lenders understand the local market and can help review your business plan and can customize a loan to meet your individual needs.

To get started, we will ask for the following information:

  • Business plan (including, but not limited to: business description, industry analysis, and analysis of competitors, market analysis, marketing plan, management plan and a financial plan)
  • 3-5 years of projected revenues and expenses
  • 3 years of personal tax returns
  • Personal Financial Statement
  • (if applicable) Certificate of Assumed Name and official Federal Tax ID confirmation (apply for an ID here) 
  • (if applicable) Articles of Incorporation/Organization 
  • (if applying for SBA loan) SBA Form 1919

After we receive your information, we can usually give you an answer in a matter of days. Once approved, the loan can be closed anywhere from a couple days to a couple months, depending on the type and complexity of the loan.


See the West Central MN Small Business Development Center for assistance drafting a business plan, calculating cash flow projections, and so much more.


Let's get started!
If you would like to start the application process, you may contact us at (218) 346-5700 or fill out this contact form.