| $150,000–350,000 | A+ OUTDOOR SERVICES, INC. | HAM LAKE, MN | Deerwood Bank |
| $2–5 million | ABHE & SVOBODA, INC. | JORDAN, MN | Deerwood Bank |
| $350,000–1 million | ABSOLUTE PCA LLC | GRAND RAPIDS, MN | Deerwood Bank |
| $150,000–350,000 | ADVANTAGE SEAMLESS INC. | BAXTER, MN | Deerwood Bank |
| $150,000–350,000 | AIRTECH HEATING AND COOLING OF BRAINERD, LLC | BRAINERD, MN | Deerwood Bank |
| $150,000–350,000 | AMERICAN GARAGE DOOR SUPPLY, INC. | BEMIDJI, MN | Deerwood Bank |
| $350,000–1 million | AMERICAN TIME & SIGNAL CO | DASSEL, MN | Deerwood Bank |
| $350,000–1 million | ANDERSON UNDERGROUND, INC. | SAUK RAPIDS, MN | Deerwood Bank |
| $350,000–1 million | APOLLO TECHNOLOGY GROUP, LLC | CHANHASSEN, MN | Deerwood Bank |
| $350,000–1 million | APOLLO WATER SERVICES, LLC | CHANHASSEN, MN | Deerwood Bank |
| $150,000–350,000 | ASKAR MANAGEMENT GROUP, LLC | WALLED LAKE, MI | Deerwood Bank |
| $150,000–350,000 | BELL RESTAURANTS, INC. | BURNSVILLE, MN | Deerwood Bank |
| $150,000–350,000 | BEMIDJI DENTAL CLINIC PA | BEMIDJI, MN | Deerwood Bank |
| $150,000–350,000 | BEMIDJI WELDERS SUPPLY, INC | BEMIDJI, MN | Deerwood Bank |
| $150,000–350,000 | BF MACHINING & MANUFACTURING, INC. | RAMSEY, MN | Deerwood Bank |
| $350,000–1 million | BILLFIRE LLC | SCOTTSDALE, AZ | Deerwood Bank |
| $150,000–350,000 | BRAINERD INTERNATIONAL RACEWAY AND RESORT, LLC | BRAINERD, MN | Deerwood Bank |
| $1–2 million | BUILDING FASTENERS OF MINNESOTA, INC. | RAMSEY, MN | Deerwood Bank |
| $150,000–350,000 | CARWINKEL PROPERTIES A GENERAL | WAITE PARK, MN | Deerwood Bank |
| $2–5 million | CASPER CONSTRUCTION, INC | GRAND RAPIDS, MN | Deerwood Bank |
| $150,000–350,000 | CEASE FUNERAL HOME, INC | BAGLEY, MN | Deerwood Bank |
| $350,000–1 million | CENTER FOR PAIN MANAGEMENT PA | SARTELL, MN | Deerwood Bank |
| $150,000–350,000 | CENTRAL LAKES PHYSICIANS, P.A. | CROSBY, MN | Deerwood Bank |
| $150,000–350,000 | CENTRAL MINNESOTA ORTHODONTICS | SARTELL, MN | Deerwood Bank |
| $350,000–1 million | CENTRASOTA ORAL AND MAXILLOFACIAL SURGEONS PA | SAINT CLOUD, MN | Deerwood Bank |
| $350,000–1 million | CHIANTI GRILL | SAINT PAUL, MN | Deerwood Bank |
| $150,000–350,000 | COLORFUL CONCEPTS PAINTING AND CUSTOM FINISHING, INC. | SARTELL, MN | Deerwood Bank |
| $1–2 million | CONSOLIDATED TELEPHONE COMPANY | BRAINERD, MN | Deerwood Bank |
| $150,000–350,000 | CONTEGRITY GROUP INC. | LITTLE FALLS, MN | Deerwood Bank |
| $150,000–350,000 | CRYSTAL LAKE COUNTRY CLUB, INC | LAKEVILLE, MN | Deerwood Bank |
| $150,000–350,000 | CSC PUBLISHING, INC. | SAINT PAUL, MN | Deerwood Bank |
| $150,000–350,000 | CURB CROWSER, INC. | MINNEAPOLIS, MN | Deerwood Bank |
| $150,000–350,000 | D & M HOSPITALITY INC. | SAINT CLOUD, MN | Deerwood Bank |
| $150,000–350,000 | D&H AUTOMOTIVE INC. | ISANTI, MN | Deerwood Bank |
| $350,000–1 million | DELMED INC | FOREST LAKE, MN | Deerwood Bank |
| $350,000–1 million | DENTAL ASSOCIATES OF ST PAUL PA | SAINT PAUL, MN | Deerwood Bank |
| $350,000–1 million | DENTAL DELIVERY SYSTEMS PA | SAVAGE, MN | Deerwood Bank |
| $350,000–1 million | DERMATOLOGY PROFESSIONALS PA | BAXTER, MN | Deerwood Bank |
| $1–2 million | DIAMOND SURFACE INC | ROGERS, MN | Deerwood Bank |
| $350,000–1 million | DOWNS FOOD GROUP, INC. | MANKATO, MN | Deerwood Bank |
| $150,000–350,000 | EAGAN VALLEY PEDIATRICS P.A. | SAINT PAUL, MN | Deerwood Bank |
| $350,000–1 million | EMERGENCY AUTOMOTIVE TECHNOLOGIES, INC. | SAINT PAUL, MN | Deerwood Bank |
| $150,000–350,000 | EMILY COOPERATIVE TELEPHONE COMPANY | EMILY, MN | Deerwood Bank |
| $1–2 million | FABYANSKE, WESTRA, HART & THOMSON, P.A. | MINNEAPOLIS, MN | Deerwood Bank |
| $2–5 million | FAIRMONT FOODS, INC. | FAIRMONT, MN | Deerwood Bank |
| $150,000–350,000 | FLYTE HCM LLC | BURNSVILLE, MN | Deerwood Bank |
| $150,000–350,000 | FRANZ HULTGREN EVENSON PA | SAINT CLOUD, MN | Deerwood Bank |
| $150,000–350,000 | GARY'S PAINTING, INC. | BRAINERD, MN | Deerwood Bank |
| $150,000–350,000 | GLACIAL WOOD PRODUCTS LLC | BROOTEN, MN | Deerwood Bank |
| $150,000–350,000 | GLS PROMOTIONS LLC | BRAINERD, MN | Deerwood Bank |
| $350,000–1 million | GRAND HOSPITALITY LLC | GRAND RAPIDS, MN | Deerwood Bank |
| $1–2 million | GRANITE LOGISTICS SERVICES LLC | SARTELL, MN | Deerwood Bank |
| $2–5 million | GURSTEL LAW FIRM, P.C. | GOLDEN VALLEY, MN | Deerwood Bank |
| $150,000–350,000 | HELD ENTERPRISES OF GREATER ST CLOUD INC | SARTELL, MN | Deerwood Bank |
| $150,000–350,000 | HIP HOUNDS, INC. | SAINT PAUL, MN | Deerwood Bank |
| $350,000–1 million | HOME ENERGY CENTER | MINNEAPOLIS, MN | Deerwood Bank |
| $150,000–350,000 | HOPE HOUSE OF ITASCA COUNTY, INC | GRAND RAPIDS, MN | Deerwood Bank |
| $350,000–1 million | HY-TEC CONSTRUCTION OF BRAINERD INC. | BRAINERD, MN | Deerwood Bank |
| $350,000–1 million | HYDROSTAT INC | RICE, MN | Deerwood Bank |
| $350,000–1 million | IMPLANT RESOURCE, INC. | SAINT PAUL, MN | Deerwood Bank |
| $350,000–1 million | INH PROPERTY MANAGEMENT | WAITE PARK, MN | Deerwood Bank |
| $350,000–1 million | JEFFS: BOBBY & STEVES AUTO WORLD, LLP | MINNEAPOLIS, MN | Deerwood Bank |
| $350,000–1 million | JIT POWDER COATING COMPANY | FARMINGTON, MN | Deerwood Bank |
| $350,000–1 million | K. JOHNSON CONSTRUCTION, INC. | ROCKVILLE, MN | Deerwood Bank |
| $150,000–350,000 | KNUTSON, FLYNN, & DEANS, P.A. | SAINT PAUL, MN | Deerwood Bank |
| $150,000–350,000 | KORONIS MOTOR GROUP | PAYNESVILLE, MN | Deerwood Bank |
| $350,000–1 million | LAKE STATES CONSTRUCTION INC | GRAND RAPIDS, MN | Deerwood Bank |
| $350,000–1 million | LAKE STATES TREE SERVICE INC | GRAND RAPIDS, MN | Deerwood Bank |
| $350,000–1 million | LAKES DENTAL CARE PLC | BAXTER, MN | Deerwood Bank |
| $150,000–350,000 | LAKES PRINTING, INC. OF BRAINERD | BRAINERD, MN | Deerwood Bank |
| $2–5 million | LAMETTRY'S COLLISION INC | INVER GROVE HEIGHTS, MN | Deerwood Bank |
| $350,000–1 million | LEMETTRY'S TIRE AND AUTO, LLC | BLOOMINGTON, MN | Deerwood Bank |
| $1–2 million | MADDEN BROTHERS, INC. | BRAINERD, MN | Deerwood Bank |
| $150,000–350,000 | MAJOR MANAGEMENT COMPANY | SAINT PAUL, MN | Deerwood Bank |
| $350,000–1 million | MARKET DISTRIBUTION, INC. | BURNSVILLE, MN | Deerwood Bank |
| $150,000–350,000 | MASTER TRADE SERVICES INC | WAITE PARK, MN | Deerwood Bank |
| $150,000–350,000 | MATTSON LUMBER, INC. | NISSWA, MN | Deerwood Bank |
| $350,000–1 million | MCKAYS FAMILY DODGE INC | WAITE PARK, MN | Deerwood Bank |
| $150,000–350,000 | MEDICAL ARTS DENTAL LLC | SARTELL, MN | Deerwood Bank |
| $1–2 million | MGMT. FIVE, INC. | INVER GROVE HEIGHTS, MN | Deerwood Bank |
| $150,000–350,000 | MICRO PARTS, INC. | SAINT PAUL, MN | Deerwood Bank |
| $150,000–350,000 | MIDWEST FINANCIAL PARTNERS INC | SAINT CLOUD, MN | Deerwood Bank |
| $350,000–1 million | MIDWEST STEEL SUPPLY CO. | ROGERS, MN | Deerwood Bank |
| $150,000–350,000 | MINNEAPOLIS TOWN HALL BREWERY | MINNEAPOLIS, MN | Deerwood Bank |
| $350,000–1 million | MINNESOTA SELECT SIRES CO-OP INC | SAINT CLOUD, MN | Deerwood Bank |
| $150,000–350,000 | MINSER CHIROPRACTIC CLINIC, P.A. | SAINT CLOUD, MN | Deerwood Bank |
| $350,000–1 million | MSAXON, INC. | INVER GROVE HEIGHTS, MN | Deerwood Bank |
| $350,000–1 million | NARVESON MANAGEMENT INC. | PEQUOT LAKES, MN | Deerwood Bank |
| $150,000–350,000 | NELSON SANITATION & RENTAL INC | RICE, MN | Deerwood Bank |
| $150,000–350,000 | NEMETH ORTHODONTICS, P.A. | SAINT CLOUD, MN | Deerwood Bank |
| $350,000–1 million | NEW BRIGHTON FORD, INC. | NEW BRIGHTON, MN | Deerwood Bank |
| $150,000–350,000 | NORTH BENTON DENTAL CARE PA | SAUK RAPIDS, MN | Deerwood Bank |
| $2–5 million | NORTHERN ITASCA HOSPITAL DISTRICT | BIGFORK, MN | Deerwood Bank |
| $350,000–1 million | NORTHWEST PACKAGING, INC. | SAINT PAUL, MN | Deerwood Bank |
| $150,000–350,000 | OCR ENTERPRISES, LLC | LONG BEACH, CA | Deerwood Bank |
| $1–2 million | OLSEN-BEAL ASSOCIATES | LINDON, UT | Deerwood Bank |
| $350,000–1 million | PINNNACLE PUBLISHING, LLC | BEMIDJI, MN | Deerwood Bank |
| $150,000–350,000 | PREMIER SURGICAL ASSOCIATES, P.A. | CROSBY, MN | Deerwood Bank |
| $1–2 million | REO PLASTICS, INC. | OSSEO, MN | Deerwood Bank |
| $150,000–350,000 | RICHARDSON FOODS, INC. | WALLED LAKE, MI | Deerwood Bank |