| Heirloom Realty, LLC | Real Estate and Rental and Leasing | $191,200 | $192,918 | 21 | <$5M |  AI Deep Dive |
| Architecture Advantage, LLC | Professional, Scientific, and Technical Services | $190,500 | $191,539 | 14 | <$5M | AI Deep Dive |
| Hydrosolutions of Duluth INC | Manufacturing | $190,021 | $191,130 | 15 | <$5M | AI Deep Dive |
| Lakeview Christian Academy | Educational Services | $189,500 | $190,528 | 39 | N/A | AI Deep Dive |
| Telcologix, LLC | Wholesale Trade | $189,500 | $190,974 | 15 | <$5M | AI Deep Dive |
| Ebi Drilling, Inc. | Construction | $188,996 | $191,196 | 7 | <$5M | AI Deep Dive |
| Duluth Lodging INC | Accommodation and Food Services | $188,950 | $189,789 | 27 | $8.4M | AI Deep Dive |
| Anderson, Kuiti & Asuma, Pllc | Professional, Scientific, and Technical Services | $187,700 | $188,713 | 12 | <$5M | AI Deep Dive |
| Blackwater at Greysolon, LLC | Accommodation and Food Services | $186,532 | $187,963 | 43 | $8.0M | AI Deep Dive |
| Third Times the Charm | Accommodation and Food Services | $186,374 | $188,559 | 18 | <$5M | AI Deep Dive |
| Thibodeau, Johnson & Feriancek, Pllp | Professional, Scientific, and Technical Services | $185,000 | $186,002 | 16 | <$5M | AI Deep Dive |
| Duluth Brass Manufacturing Inc. | Manufacturing | $185,000 | $187,482 | 18 | <$5M | AI Deep Dive |
| Hanabi INC | Accommodation and Food Services | $184,500 | $185,880 | 19 | <$5M | AI Deep Dive |
| Canal Park Lodge, LLC | Accommodation and Food Services | $183,985 | $185,063 | 30 | $9.4M | AI Deep Dive |
| Gregorich & Matack Family Dental, P.a. | Health Care and Social Assistance | $183,400 | $154,870 | 12 | <$5M | AI Deep Dive |
| Commercial Flooring Installations Inc. | Construction | $183,100 | $166,425 | 10 | <$5M | AI Deep Dive |
| Mccaffrey Agency Group, Inc. | Finance and Insurance | $182,800 | $184,201 | 17 | $8.7M | AI Deep Dive |
| Sir Benedicts IV INC | Accommodation and Food Services | $181,933 | $183,593 | 33 | $5.9M | AI Deep Dive |
| Service Printers of Duluth | Manufacturing | $181,600 | $182,635 | 14 | $13.9M | AI Deep Dive |
| Corktown Deli and Brews | Accommodation and Food Services | $181,400 | $183,516 | 27 | <$5M | AI Deep Dive |
| Duluth Publicity Bureau Inc. | Administrative and Support and Waste Management | $179,307 | $180,712 | 15 | <$5M | AI Deep Dive |
| Atk Enterprises INC | Construction | $179,300 | $180,346 | 18 | $20.5M | AI Deep Dive |
| Jadskam Mn Management LLC | Accommodation and Food Services | $179,100 | $149,090 | 35 | $10.9M | AI Deep Dive |
| East, Inc. | Accommodation and Food Services | $178,909 | $180,085 | 101 | $17.9M | AI Deep Dive |
| Matthew D. Jugovich DDS PA | Health Care and Social Assistance | $178,494 | $180,455 | 13 | <$5M | AI Deep Dive |