| $350,000–1 million | SOUTHDALE DENTAL CENTER PA | MINNEAPOLIS, MN | Gateway Bank |
| $2–5 million | SOUTHDALE PEDIATRIC ASSOCIATES, LTD. | MINNEAPOLIS, MN | Fidelity Bank |
| $1–2 million | SOUTHSIDE COMMUNITY HEALTH SERVICES, INC. | MINNEAPOLIS, MN | Choice Financial Group |
| $150,000–350,000 | SOUTHSIDE FAMILY CHARTER SCHOOL | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $150,000–350,000 | SOUTHSIDE FAMILY NUTURING CENTER | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $150,000–350,000 | SOUTHWEST JOURNAL INC. | MINNEAPOLIS, MN | Fidelity Bank |
| $150,000–350,000 | SPACE - CRAFTING, INC. | MINNEAPOLIS, MN | Old National Bank |
| $2–5 million | SPACE150, INC | MINNEAPOLIS, MN | Choice Financial Group |
| $350,000–1 million | SPECIAL OLYMPICS MINNESOTA | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $1–2 million | SPECIALTY STAFFING GROUP LLC | MINNEAPOLIS, MN | Platinum Bank |
| $350,000–1 million | SPECIES360 | MINNEAPOLIS, MN | Choice Financial Group |
| $350,000–1 million | SPECTRUM PROPERTY MANAGEMENT COMPANY INC | MINNEAPOLIS, MN | Deerwood Bank |
| $150,000–350,000 | SPECTRUM SCREEN PRINTING, INC. | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $150,000–350,000 | SPECTRUM SIGN SYSTEMS, INC. | MINNEAPOLIS, MN | First Resource Bank |
| $150,000–350,000 | SPERIDES REINERS ARCHITECTS INC | MINNEAPOLIS, MN | Highland Bank |
| $350,000–1 million | SPIGARELLI COMPANIES | MINNEAPOLIS, MN | Highland Bank |
| $150,000–350,000 | SPLITSVILLE, INC. | MINNEAPOLIS, MN | Choice Financial Group |
| $150,000–350,000 | SPORTS STAR PHOTOGRAPHY INC | MINNEAPOLIS, MN | Associated Bank, National Association |
| $350,000–1 million | SPORTSHUB GAMES NETWORK INC | MINNEAPOLIS, MN | Citizens Community Federal National Association |
| $150,000–350,000 | SPRING LAKE PARK LUMBER CO. | MINNEAPOLIS, MN | Frandsen Bank & Trust |
| $150,000–350,000 | SPRING POINT PROJECT | MINNEAPOLIS, MN | Alerus Financial, National Association |
| $150,000–350,000 | SPRUCE COMPANY | MINNEAPOLIS, MN | Wells Fargo Bank, National Association |
| $150,000–350,000 | SPYEGLASS, LLC | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $150,000–350,000 | SPYHOUSE COFFEE ROASTING CO | MINNEAPOLIS, MN | Crown Bank |
| $5–10 million | SRF CONSULTING GROUP, INC. | MINNEAPOLIS, MN | Minnesota Bank & Trust |
| $350,000–1 million | ST PHILIP THE DEACON LUTHERAN CHURCH | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | ST. ANTHONY MOBIL, INC. | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $150,000–350,000 | ST. PETER'S EVANGELICAL LUTHERAN CHURCH OF EDINA, HENEPIN COUNTY, MINNESOTA | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | ST. STEPHEN EVANGELICAL LUTHERAN CHURCH | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | ST. STEPHEN'S HUMAN SERVICES, INC. | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $150,000–350,000 | STAFFORD HOME SERVICES INC. | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | STAHL CONSTRUCTION COMPANY | MINNEAPOLIS, MN | Fidelity Bank |
| $1–2 million | STANDARD HEATING & AIR CONDITIONING, INC. | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $350,000–1 million | STANTON PUBLICATION SERVICES, INC. | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $1–2 million | STAR EXHIBITS & ENVIRONMENTS, INC. | MINNEAPOLIS, MN | Union Bank and Trust Company |
| $350,000–1 million | STAR HOME HEALTH CARE INC | MINNEAPOLIS, MN | BMO Harris Bank National Association |
| $150,000–350,000 | STAR HOME HEALTHCARE INC | MINNEAPOLIS, MN | Intuit Financing Inc. |
| $150,000–350,000 | STARDUST LANES, INC. | MINNEAPOLIS, MN | First Minnetonka City Bank |
| $350,000–1 million | STARKEY HEARING FOUNDATION | MINNEAPOLIS, MN | BMO Harris Bank National Association |
| $150,000–350,000 | STATE-EASE, INC. | MINNEAPOLIS, MN | Bell Bank |
| $350,000–1 million | STATES MANUFACTURING CORPORATION | MINNEAPOLIS, MN | Alerus Financial, National Association |
| $150,000–350,000 | STATEWIDE LIMITED ENERGY JATC TRUST | MINNEAPOLIS, MN | Building Trades FCU |
| $150,000–350,000 | STATION 19 ARCHITECTS INC | MINNEAPOLIS, MN | BankCherokee |
| $350,000–1 million | STEEN ENGINEERING, INC. | MINNEAPOLIS, MN | Fidelity Bank |
| $150,000–350,000 | STEIL'S BUILDING RENOVATION AND MANAGEMENT INC | MINNEAPOLIS, MN | Granite Community Bank |
| $1–2 million | STEIN INDUSTRIES, INC. | MINNEAPOLIS, MN | BMO Harris Bank National Association |
| $1–2 million | STEINWALL, INCORPORATED | MINNEAPOLIS, MN | The Bank of Elk River |
| $350,000–1 million | STEPHEN P DONNELLY COMPANY, INC. | MINNEAPOLIS, MN | Alliance Bank |
| $150,000–350,000 | STERILUCENT, INC. | MINNEAPOLIS, MN | Northeast Bank |
| $150,000–350,000 | STERLING WIRE & CABLE LLC | MINNEAPOLIS, MN | Old National Bank |
| $2–5 million | STEVEN SCOTT MANAGEMENT, INC. | MINNEAPOLIS, MN | Bridgewater Bank |
| $150,000–350,000 | STEVENS COMMUNITY ASSOCIATES LIMITED PARTNERSHIP | MINNEAPOLIS, MN | Highland Bank |
| $150,000–350,000 | STICH, ANGELL, KREIDLER & UNKE, P.A. | MINNEAPOLIS, MN | U.S. Bank, National Association |
| $150,000–350,000 | STICKNEY HILL DAIRY, LLC | MINNEAPOLIS, MN | BNC National Bank |
| $2–5 million | STIX HOLDINGS LLC | MINNEAPOLIS, MN | City National Bank of Florida |
| $150,000–350,000 | STONE ARCH COMMODITIES LLC | MINNEAPOLIS, MN | ProGrowth Bank |
| $350,000–1 million | STONE SOURCE, INC. | MINNEAPOLIS, MN | First Western Bank & Trust |
| $350,000–1 million | STONEARCH LOGISTICS, LLC | MINNEAPOLIS, MN | Fidelity Bank |
| $350,000–1 million | STONEBRIDGE WORLD SCHOOL | MINNEAPOLIS, MN | American National Bank |
| $150,000–350,000 | STORLIE FURNITURE DISTRIBUTORS, LLC | MINNEAPOLIS, MN | CIBC Bank USA |
| $150,000–350,000 | STORYTELLER MEDIA AND COMMUNICATIONS, LLC | MINNEAPOLIS, MN | Minnesota Bank & Trust |
| $150,000–350,000 | STRAIGHT LINE THEORY, INC. | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $350,000–1 million | STRATEGICSOURCE, INC. | MINNEAPOLIS, MN | Associated Bank, National Association |
| $350,000–1 million | STRAUB DESIGN COMPANY | MINNEAPOLIS, MN | BMO Harris Bank National Association |
| $350,000–1 million | STREET FACTORY MEDIA | MINNEAPOLIS, MN | BMO Harris Bank National Association |
| $350,000–1 million | STREICHER'S, INC. | MINNEAPOLIS, MN | 21st Century Bank |
| $150,000–350,000 | STRONG CONVERTING FACILITIES INC | MINNEAPOLIS, MN | Sterling State Bank |
| $150,000–350,000 | STROTHER COMMUNICATIONS GROUP INC. | MINNEAPOLIS, MN | Choice Financial Group |
| $1–2 million | STS TEMPS, INC | MINNEAPOLIS, MN | Crown Bank |
| $2–5 million | STUART CO | MINNEAPOLIS, MN | Minnesota Bank & Trust |
| $150,000–350,000 | STUDIO BV, LLC | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $150,000–350,000 | STUDIO M INTERIORS,LLC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | STUDIO M LLC | MINNEAPOLIS, MN | Old National Bank |
| $1–2 million | STYLMARK, INC. | MINNEAPOLIS, MN | Bell Bank |
| $350,000–1 million | STYROTECH INC | MINNEAPOLIS, MN | MidWestOne Bank |
| $1–2 million | SUCCESS COMPUTER CONSULTING | MINNEAPOLIS, MN | Fidelity Bank |
| $150,000–350,000 | SULLIVAN COMPANY, INC. | MINNEAPOLIS, MN | Bridgewater Bank |
| $350,000–1 million | SUMMIT ACADEMY OIC | MINNEAPOLIS, MN | MidWestOne Bank |
| $150,000–350,000 | SUMMIT DENTAL PA | MINNEAPOLIS, MN | Gateway Bank |
| $150,000–350,000 | SUMMIT HOME HEALTH CARE, INC. | MINNEAPOLIS, MN | BNC National Bank |
| $2–5 million | SUMMIT MORTGAGE CORPORATION | MINNEAPOLIS, MN | Fidelity Bank |
| $150,000–350,000 | SUMMIT SENIOR LIVING, LLC | MINNEAPOLIS, MN | Minnwest Bank |
| $150,000–350,000 | SUN FOODS, INC. | MINNEAPOLIS, MN | Sunrise Banks, National Association |
| $1–2 million | SUNBURST CHEMICALS INC | MINNEAPOLIS, MN | Crown Bank |
| $150,000–350,000 | SUNDE LAND SURVEYING, LLC | MINNEAPOLIS, MN | Premier Bank Minnesota |
| $150,000–350,000 | SUNDIAL ENERGY | MINNEAPOLIS, MN | First Bank of the Lake |
| $350,000–1 million | SUNRISE ELECTRIC, INC. | MINNEAPOLIS, MN | Fidelity Bank |
| $150,000–350,000 | SUNRISE PACKAGING, INC. | MINNEAPOLIS, MN | Old National Bank |
| $1–2 million | SUNSET TECHNOLOGIES GROUP INC | MINNEAPOLIS, MN | Gateway Bank |
| $150,000–350,000 | SUPERHUMAN LLC | MINNEAPOLIS, MN | Think Mutual Bank |
| $350,000–1 million | SUPERIOR AEROSPACE, INC. | MINNEAPOLIS, MN | Northeast Bank |
| $150,000–350,000 | SUPERIOR MATERIAL HANDLING, INC. | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | SUPERIOR-CLEARWATER, INC. | MINNEAPOLIS, MN | Royal CU |
| $150,000–350,000 | SUPERSET TILE & STONE LLC | MINNEAPOLIS, MN | Citizens Alliance Bank |
| $150,000–350,000 | SURDYK'S LIQUOR INC. | MINNEAPOLIS, MN | Union Bank and Trust Company |
| $2–5 million | SURLY BREWING COMPANY | MINNEAPOLIS, MN | U.S. Bank, National Association |
| $150,000–350,000 | SUSHI TRAIN INC | MINNEAPOLIS, MN | CRF Small Business Loan Company, LLC |
| $150,000–350,000 | SUSTAINABLE 9 LLC | MINNEAPOLIS, MN | Bremer Bank, National Association |
| $150,000–350,000 | SUTTON INVESTMENTS, LLP | MINNEAPOLIS, MN | Highland Bank |
| $5–10 million | SWANSON & YOUNGDALE, INC. | MINNEAPOLIS, MN | Bell Bank |