| $1–2 million | SCANLAN INTERNATIONAL INC. | SAINT PAUL, MN | BMO Harris Bank National Association |
| $150,000–350,000 | SCHMIDT FINANCIAL INC | SAINT PAUL, MN | BankVista |
| $150,000–350,000 | SCHOOL SPACE MEDIA, LLC | SAINT PAUL, MN | Peoples Bank Midwest |
| $350,000–1 million | SCHREIBER MULLANEY CONSTRUCTION | SAINT PAUL, MN | Lake Elmo Bank |
| $1–2 million | SCHWAB-VOLLHABER-LUBRATT INC. | SAINT PAUL, MN | U.S. Bank, National Association |
| $350,000–1 million | SCHWAB-VOLLHABER-LUBRATT SERVICE CORP | SAINT PAUL, MN | U.S. Bank, National Association |
| $1–2 million | SCHWING AMERICA, INC. | SAINT PAUL, MN | Associated Bank, National Association |
| $150,000–350,000 | SEARCHWIDE GLOBAL, INC | SAINT PAUL, MN | Bremer Bank, National Association |
| $150,000–350,000 | SEDATION & IMPLANT DENTISTRY | SAINT PAUL, MN | Lake Elmo Bank |
| $350,000–1 million | SELECT SURFACES, INC. | SAINT PAUL, MN | Farmers & Merchants Savings Bank |
| $150,000–350,000 | SEMPLE EXCAVATING & TRUCKING INC. | SAINT PAUL, MN | Citizens State Bank |
| $2–5 million | SENIOR CARE WOODBURY, LLC | SAINT PAUL, MN | Choice Financial Group |
| $150,000–350,000 | SERENE OAKS DENTAL | SAINT PAUL, MN | Gateway Bank |
| $150,000–350,000 | SERENITY DENTAL CORP | SAINT PAUL, MN | Bell Bank |
| $350,000–1 million | SEVEN CORNERS PRINTING CO. | SAINT PAUL, MN | Alliance Bank |
| $150,000–350,000 | SEVEN VINES, LLP | SAINT PAUL, MN | Bell Bank |
| $150,000–350,000 | SEVENICH, BUTLER, GERLACH & BRAZIL, LTD. | SAINT PAUL, MN | Highland Bank |
| $2–5 million | SHAW-LUNDQUIST ASSOCIATES, INC. | SAINT PAUL, MN | First Western Bank & Trust |
| $1–2 million | SHEEHY CONSTRUCTION COMPANY | SAINT PAUL, MN | North Star Bank |
| $150,000–350,000 | SHELTERTECH CORPORATION | SAINT PAUL, MN | Premier Bank |
| $150,000–350,000 | SHEPHERD MONTESSORI LLC | SAINT PAUL, MN | Richfield-Bloomington CU |
| $150,000–350,000 | SHEPHERD OF THE VALLEY LUTHERAN CHURCH | SAINT PAUL, MN | Bremer Bank, National Association |
| $350,000–1 million | SHOREVIEW SENIOR LIVING, LLC | SAINT PAUL, MN | Bell Bank |
| $350,000–1 million | SHUANG HUR ORIENTAL MARKET INC | SAINT PAUL, MN | MidWestOne Bank |
| $1–2 million | SHUMAKER & SIEFFERT, P.A. | SAINT PAUL, MN | Bremer Bank, National Association |
| $2–5 million | SILVER TREE PLUMBING & HEATING, LLC | SAINT PAUL, MN | Vermillion State Bank |
| $1–2 million | SIMCOTE INC | SAINT PAUL, MN | PNC Bank, National Association |
| $350,000–1 million | SISTERS OF ST JOSEPH OF CARONDELET, ST PAUL PROVINCE | SAINT PAUL, MN | U.S. Bank, National Association |
| $150,000–350,000 | SITE SOLUTIONS, INC. | SAINT PAUL, MN | First State Bank and Trust |
| $150,000–350,000 | SJ GROUP 3 INC | SAINT PAUL, MN | Associated Bank, National Association |
| $150,000–350,000 | SJOBERG & TEBELIUS, P.A. | SAINT PAUL, MN | Associated Bank, National Association |
| $150,000–350,000 | SKATES AND SPORTS INC | SAINT PAUL, MN | City & County CU |
| $150,000–350,000 | SKY GROUP, INC | SAINT PAUL, MN | U.S. Bank, National Association |
| $150,000–350,000 | SMC CARE INC | SAINT PAUL, MN | 21st Century Bank |
| $150,000–350,000 | SMITH MICRO TECHNOLOGIES, LLC | SAINT PAUL, MN | Minnesota Lakes Bank |
| $150,000–350,000 | SNYDER HEALTH CARE SYSTEMS INC. | SAINT PAUL, MN | BankCherokee |
| $150,000–350,000 | SOLID INC | SAINT PAUL, MN | Bank of America, National Association |
| $1–2 million | SOLID-EMPLOYEES LLC | SAINT PAUL, MN | Bell Bank |
| $350,000–1 million | SOMMERVILLE-WILSON, INC. EMPLOYEE STOCK OWNERSHIP TRUST | SAINT PAUL, MN | Bremer Bank, National Association |
| $150,000–350,000 | SORNA CORPORATION | SAINT PAUL, MN | Alerus Financial, National Association |
| $2–5 million | SOUTH METRO HUMAN SERVICES | SAINT PAUL, MN | Bremer Bank, National Association |
| $1–2 million | SOUTHERN MINNESOTA REGIONAL LEGAL SERVICES | SAINT PAUL, MN | Alliance Bank |
| $350,000–1 million | SOUTHVIEW ANIMAL HOSPITAL PA | SAINT PAUL, MN | Gateway Bank |
| $350,000–1 million | SOUTHVIEW COUNTRY CLUB | SAINT PAUL, MN | Platinum Bank |
| $2–5 million | SOUTHVIEW DESIGN, INC. | SAINT PAUL, MN | Platinum Bank |
| $150,000–350,000 | SOUTHVIEW SENIOR LIVING, LLC | SAINT PAUL, MN | Bell Bank |
| $150,000–350,000 | SPARTAN PROMOTIONAL GROUP INC | SAINT PAUL, MN | Alerus Financial, National Association |
| $150,000–350,000 | SPCO LLC | SAINT PAUL, MN | Choice Financial Group |
| $350,000–1 million | SPECIALIZED TREATMENT SERVICES, INC | SAINT PAUL, MN | 21st Century Bank |
| $150,000–350,000 | SPECIALTY ENGINEERING INC | SAINT PAUL, MN | U.S. Bank, National Association |
| $1–2 million | SPEEDY NOVUS GLASS LLC | SAINT PAUL, MN | U.S. Bank, National Association |
| $1–2 million | SPINEOLOGY INC. | SAINT PAUL, MN | JPMorgan Chase Bank, National Association |
| $350,000–1 million | SPRIGGS PLUMBING AND HEATING, INC. | SAINT PAUL, MN | Premier Bank |
| $150,000–350,000 | SPRINGBOARD FOR THE ARTS | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | SQUARED C HOLDINGS INC | SAINT PAUL, MN | Associated Bank, National Association |
| $150,000–350,000 | ST D LLC | SAINT PAUL, MN | Wells Fargo Bank, National Association |
| $150,000–350,000 | ST MARYS HEALTH CLINICS | SAINT PAUL, MN | U.S. Bank, National Association |
| $2–5 million | ST PAUL ACADEMY AND SUMMIT SCHOOL | SAINT PAUL, MN | Bremer Bank, National Association |
| $150,000–350,000 | ST PAUL PIPEFITTERS JOINT JOURNEYMEN AND APPRENTICE TRAINING TRUST | SAINT PAUL, MN | City & County CU |
| $1–2 million | ST PAUL PLUMBING & HEATING CO | SAINT PAUL, MN | U.S. Bank, National Association |
| $150,000–350,000 | ST PAUL'S MONASTERY | SAINT PAUL, MN | Lake Elmo Bank |
| $350,000–1 million | ST. ANDREW'S EVANGELICAL LUTHERAN CHURCH | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | ST. CROIX FALLS COH, LLC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | ST. CROIX LUTHERAN HIGH SCHOOL ASSOCIATION | SAINT PAUL, MN | Vibrant CU |
| $150,000–350,000 | ST. CROIX SCREENPRINTING, INC. | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | ST. PASCAL REGIONAL CATHOLIC SCHOOL | SAINT PAUL, MN | Premier Bank |
| $150,000–350,000 | ST. PAUL ALLERGY & ASTHMA CLINIC, P.A. | SAINT PAUL, MN | Choice Financial Group |
| $150,000–350,000 | ST. PAUL BRASS FOUNDRY COMPANY | SAINT PAUL, MN | Minnesota Bank & Trust |
| $2–5 million | ST. PAUL CANDY COMPANY | SAINT PAUL, MN | First Business Bank |
| $150,000–350,000 | ST. PAUL DENTAL CENTER, LLC | SAINT PAUL, MN | 21st Century Bank |
| $150,000–350,000 | ST. PAUL FAMILY DENTISTRY PARTNERSHIP, LLP | SAINT PAUL, MN | Gateway Bank |
| $150,000–350,000 | ST. PAUL GRILL LLC | SAINT PAUL, MN | Lake Elmo Bank |
| $150,000–350,000 | ST. PAUL INFECTIOUS DISEASE ASSOCIATES, LTD. | SAINT PAUL, MN | BankCherokee |
| $350,000–1 million | ST. PAUL MOTORCYCLES, LLC | SAINT PAUL, MN | Security Bank |
| $150,000–350,000 | ST. PAUL PEDIATRIC DENISTRY, PC | SAINT PAUL, MN | Vibrant CU |
| $150,000–350,000 | ST. PAUL PET HOSPITAL, LLC | SAINT PAUL, MN | Sunrise Banks, National Association |
| $350,000–1 million | ST. PAUL RADIOLOGY OUTPATIENT IMAGING,LLC | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | ST. PAUL RHEUMATOLOGY, PA | SAINT PAUL, MN | BankCherokee |
| $350,000–1 million | ST. PAUL SAINTS BASEBALL CLUB, INC. | SAINT PAUL, MN | Associated Bank, National Association |
| $150,000–350,000 | ST. PAUL SCHOOL OF NORTHERN LIGHTS | SAINT PAUL, MN | Bell Bank |
| $350,000–1 million | ST. PAUL STAMP WORKS, INC. | SAINT PAUL, MN | U.S. Bank, National Association |
| $350,000–1 million | ST. PAUL UTILITIES AND EXCAVATING, INC. | SAINT PAUL, MN | Bell Bank |
| $150,000–350,000 | ST. PAUL'S CHILDHOOD CENTER | SAINT PAUL, MN | 21st Century Bank |
| $150,000–350,000 | ST. TERESA MEDICAL, INC. | SAINT PAUL, MN | Bremer Bank, National Association |
| $350,000–1 million | STAC INC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | STAFF SERVICES, LLC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | STAFFING TRAINING AND ALTERNATIVE RESOUR | SAINT PAUL, MN | Wells Fargo Bank, National Association |
| $150,000–350,000 | STATE SUPPLY CO., INC. | SAINT PAUL, MN | Tradition Capital Bank |
| $150,000–350,000 | STEHLER STRUCTURAL ENGINEERING | SAINT PAUL, MN | TCF National Bank |
| $150,000–350,000 | STEPPING STONES ELC INC. | SAINT PAUL, MN | 21st Century Bank |
| $2–5 million | STERN DRYWALL INC | SAINT PAUL, MN | Bremer Bank, National Association |
| $150,000–350,000 | STEVE'S APPLIANCES INC | SAINT PAUL, MN | BankCherokee |
| $1–2 million | STEVENS EQUIPMENT SUPPLY LLC | SAINT PAUL, MN | ProGrowth Bank |
| $1–2 million | STEVENS UNLIMITED OF SAINT PAUL INC | SAINT PAUL, MN | 21st Century Bank |
| $150,000–350,000 | STONE MACHINERY INC | SAINT PAUL, MN | Alliance Bank |
| $150,000–350,000 | STONEHAVEN SENIOR HOUSING OPERATOR, LLC | SAINT PAUL, MN | Coastal States Bank |
| $350,000–1 million | STRANIK INC | SAINT PAUL, MN | UMB Bank, National Association |
| $350,000–1 million | STRUCTURAL WOOD CORPORATION | SAINT PAUL, MN | Farmers & Merchants Savings Bank |
| $350,000–1 million | STRUCTURAL, INC. | SAINT PAUL, MN | Sunrise Banks, National Association |
| $150,000–350,000 | STUDIO ON FIRE, LLC | SAINT PAUL, MN | 21st Century Bank |