| $150,000–350,000 | SECURED RETIREMENT ASSOCIATES, LLC | MINNEAPOLIS, MN | 21st Century Bank |
| $350,000–1 million | SEELYE CRAFTSMEN CO | MINNEAPOLIS, MN | Tradition Capital Bank |
| $150,000–350,000 | SEILERSCHINDEL, PLLC | MINNEAPOLIS, MN | Choice Financial Group |
| $150,000–350,000 | SELA INVESTMENTS, LTC. LLP | MINNEAPOLIS, MN | Peoples Bank Midwest |
| $1–2 million | SELA ROOFING AND REMODELING, INC | MINNEAPOLIS, MN | Tradition Capital Bank |
| $150,000–350,000 | SELBY ACQUISITIONS, INC. | MINNEAPOLIS, MN | U.S. Bank, National Association |
| $150,000–350,000 | SELECT COMMERCIAL SERVICES LLC | MINNEAPOLIS, MN | Northeast Bank |
| $150,000–350,000 | SELECT COMMUNICATION, INC. | MINNEAPOLIS, MN | Bell Bank |
| $350,000–1 million | SELECT COMPUTING, INC. | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $350,000–1 million | SELECT MECHANICAL SERVICES INC | MINNEAPOLIS, MN | Citizens Independent Bank |
| $150,000–350,000 | SELECT P.O.S. & PERIPHERALS LLC | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | SELECT SALES, INC | MINNEAPOLIS, MN | Vibrant CU |
| $150,000–350,000 | SELECT SENIOR LIVING OF COON RAPIDS, L.L.C. | MINNEAPOLIS, MN | Minnwest Bank |
| $150,000–350,000 | SEN YAI SEN LEK, LLC | MINNEAPOLIS, MN | Old National Bank |
| $1–2 million | SENIOR CARE PROVIDENCE, LLC | MINNEAPOLIS, MN | Choice Financial Group |
| $350,000–1 million | SENIOR HOME HEALTH CARE, LLC | MINNEAPOLIS, MN | Merchants Bank, National Association |
| $1–2 million | SENIOR LIVING HOLDINGS LLC | MINNEAPOLIS, MN | Highland Bank |
| $1–2 million | SENTERA, INC. | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $150,000–350,000 | SENTINEL HOLDINGS COMPANY | MINNEAPOLIS, MN | U.S. Bank, National Association |
| $150,000–350,000 | SERAKOS, LTD | MINNEAPOLIS, MN | BANKWEST |
| $350,000–1 million | SERVEMINNESOTA | MINNEAPOLIS, MN | PNC Bank, National Association |
| $150,000–350,000 | SERVERIGHT PROS LLC | MINNEAPOLIS, MN | Highland Bank |
| $150,000–350,000 | SERVICE RESTORATION INC | MINNEAPOLIS, MN | Seacoast Commerce Bank |
| $150,000–350,000 | SERVICEWORX LLC | MINNEAPOLIS, MN | Bell Bank |
| $350,000–1 million | SEVEN ACQUISITION, LLC | MINNEAPOLIS, MN | Bridgewater Bank |
| $350,000–1 million | SEVENHILLS CLEVELAND, LLC | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $150,000–350,000 | SEVER CONSTRUCTION COMPANY | MINNEAPOLIS, MN | Tradition Capital Bank |
| $2–5 million | SEWARD COMMUNITY CO-OP, INC. | MINNEAPOLIS, MN | Choice Financial Group |
| $1–2 million | SEZZLE INC | MINNEAPOLIS, MN | First PREMIER Bank |
| $5–10 million | SFM MUTUAL INSURANCE COMPANY | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $150,000–350,000 | SHAKE AND BAKE, LLC. | MINNEAPOLIS, MN | BMO Harris Bank National Association |
| $350,000–1 million | SHANK CONSTRUCTORS, INC. | MINNEAPOLIS, MN | Deerwood Bank |
| $1–2 million | SHAPCO PRINTING INC | MINNEAPOLIS, MN | Bell Bank |
| $150,000–350,000 | SHARPE, DILLON, COCKSON AND ASSOCIATES, P.A. | MINNEAPOLIS, MN | Bridgewater Bank |
| $1–2 million | SHAW ACQUISITION CORPORATION | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | SHEA, INC. | MINNEAPOLIS, MN | Deerwood Bank |
| $2–5 million | SHEET METAL CONNECTORS INC | MINNEAPOLIS, MN | Northeast Bank |
| $150,000–350,000 | SHELTER ARCHITECTURE, LLC | MINNEAPOLIS, MN | The State Bank of Faribault |
| $150,000–350,000 | SHELTER CONSTRUCTION, LLC | MINNEAPOLIS, MN | Minnwest Bank |
| $150,000–350,000 | SHENEHON & ASSOCIATES, INC. | MINNEAPOLIS, MN | First Farmers & Merchants National Bank |
| $150,000–350,000 | SHEPHERD DATA SERVICES, INC. | MINNEAPOLIS, MN | Choice Financial Group |
| $350,000–1 million | SHINEBOX CREATIVE, LLC | MINNEAPOLIS, MN | Lakeview Bank |
| $150,000–350,000 | SHIR TIKVAH | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $150,000–350,000 | SHRED N GO, INC. | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | SHSK, INC. | MINNEAPOLIS, MN | U.S. Bank, National Association |
| $150,000–350,000 | SHWADERS LAWN CARE AND LANDSCAPE, LLC | MINNEAPOLIS, MN | Richfield-Bloomington CU |
| $2–5 million | SICO AMERICA INC. | MINNEAPOLIS, MN | Choice Financial Group |
| $350,000–1 million | SICORA INC. | MINNEAPOLIS, MN | Hardin County Savings Bank |
| $1–2 million | SIEBENCAREY, P.A. | MINNEAPOLIS, MN | Vermillion State Bank |
| $350,000–1 million | SIEGEL BRILL P.A. | MINNEAPOLIS, MN | American Equity Bank |
| $350,000–1 million | SIEWERT CABINET AND FIXTURE MFG, INC. | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | SIFA CARE INC | MINNEAPOLIS, MN | First American Bank, National Association |
| $150,000–350,000 | SILK TECHNOLOGIES LTD | MINNEAPOLIS, MN | Alerus Financial, National Association |
| $150,000–350,000 | SILVA SCREEN PRINTING AND DISTRIBUTION LLC | MINNEAPOLIS, MN | Richfield-Bloomington CU |
| $150,000–350,000 | SILVER MOUNTAIN HOME HEALTH CARE LLC | MINNEAPOLIS, MN | Associated Bank, National Association |
| $350,000–1 million | SIMMA FLOTTEMESCH & ORENSTEIN LTD | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $150,000–350,000 | SIMPLICONNECT, INC. | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | SIMPSON HOUSING SERVICES, INC. | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $1–2 million | SIOUX FALLS BELL, LLC | MINNEAPOLIS, MN | The Huntington National Bank |
| $150,000–350,000 | SIWEK LUMBER & MILLWORK CORP. | MINNEAPOLIS, MN | Northeast Bank |
| $150,000–350,000 | SJORD, INC. | MINNEAPOLIS, MN | Village Bank |
| $150,000–350,000 | SJS ENTERPRISES, LLC | MINNEAPOLIS, MN | Falcon National Bank |
| $150,000–350,000 | SKOLNICK & JOYCE | MINNEAPOLIS, MN | Crown Bank |
| $150,000–350,000 | SKY ISLAND, LLC | MINNEAPOLIS, MN | Bell Bank |
| $150,000–350,000 | SKY MEDIA LLC | MINNEAPOLIS, MN | U.S. Bank, National Association |
| $150,000–350,000 | SKY NJ LLC | MINNEAPOLIS, MN | Choice Financial Group |
| $350,000–1 million | SKYBRIDGE AMERICAS, INC. | MINNEAPOLIS, MN | Choice Financial Group |
| $350,000–1 million | SKYKIT LLC | MINNEAPOLIS, MN | Western Alliance Bank |
| $150,000–350,000 | SKYLINE MATH AND SCIENCE ACADEMY | MINNEAPOLIS, MN | Bell Bank |
| $150,000–350,000 | SL-SERCO, INC. | MINNEAPOLIS, MN | Border Bank |
| $150,000–350,000 | SLAMHAMMER SOUND, INC. | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $150,000–350,000 | SMART EXPRESS INC. | MINNEAPOLIS, MN | Frandsen Bank & Trust |
| $150,000–350,000 | SMART SOLUTIONS INC | MINNEAPOLIS, MN | Millennium Bank |
| $150,000–350,000 | SMARTBASE SOLUTIONS, LLC | MINNEAPOLIS, MN | Highland Bank |
| $150,000–350,000 | SMB ENTERPRISES, LLC | MINNEAPOLIS, MN | Choice Financial Group |
| $150,000–350,000 | SMITH COLE STUCCO AND STONE LLC | MINNEAPOLIS, MN | Choice Financial Group |
| $350,000–1 million | SMITH FOUNDRY COMPANY | MINNEAPOLIS, MN | Sterling State Bank |
| $150,000–350,000 | SMITH JADIN JOHNSON PLLC | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $150,000–350,000 | SMITH, GENDLER, SHIELL, SHEFF, FORD & MAHER, PA | MINNEAPOLIS, MN | U.S. Bank, National Association |
| $150,000–350,000 | SMOKEHOUSE BREWPUB LLC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | SMOKELESS SMOKING, INC. | MINNEAPOLIS, MN | Centerstone SBA Lending, Inc. |
| $150,000–350,000 | SNACK BAR, LLC | MINNEAPOLIS, MN | Park State Bank |
| $350,000–1 million | SNAP AGENCY, INC. | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $350,000–1 million | SNOW KREILICH ARCHITECTS | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $350,000–1 million | SO GOOD BRAND, INC. | MINNEAPOLIS, MN | Bell Bank |
| $150,000–350,000 | SOCIABLE CIDER WERKS, LLC | MINNEAPOLIS, MN | Northeast Bank |
| $150,000–350,000 | SOCIAL MEDIA CONSULTING, LLC | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | SOFTCRYLIC LLC | MINNEAPOLIS, MN | City National Bank |
| $150,000–350,000 | SOFTWARE BUSINESS SYSTEMS, INC. | MINNEAPOLIS, MN | ProGrowth Bank |
| $150,000–350,000 | SOFTWARE FOR GOOD, GBC | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $350,000–1 million | SOIGNE HOSPITALITY LLC | MINNEAPOLIS, MN | Bell Bank |
| $350,000–1 million | SOJOURNER TRUTH ACADEMY OF MINNEAPOLIS | MINNEAPOLIS, MN | Northeast Bank |
| $350,000–1 million | SOL SISTERS INC. | MINNEAPOLIS, MN | Crown Bank |
| $150,000–350,000 | SOLHEM, LLC | MINNEAPOLIS, MN | Pioneer Bank |
| $2–5 million | SOLUTION DESIGN GROUP INC | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | SOLVE BRANDING LLC | MINNEAPOLIS, MN | U.S. Bank, National Association |
| $350,000–1 million | SOUL BROTHERS LLC | MINNEAPOLIS, MN | Citizens Independent Bank |
| $150,000–350,000 | SOUND 80 LTD | MINNEAPOLIS, MN | VisionBank |
| $150,000–350,000 | SOUTH LYNDALE LIQUORS INC | MINNEAPOLIS, MN | MidCountry Bank |
| $150,000–350,000 | SOUTH VALLEY ANESTHESIA PA | MINNEAPOLIS, MN | HomeTown Bank |