| Noth Shore Group Holdings Inc. | Transportation and Warehousing | $708,700 | $714,836 | 48 | <$5M |  AI Deep Dive |
| Center City Housing Corp | Construction | $695,297 | $699,812 | 158 | N/A | AI Deep Dive |
| Canal Park Brewing Company, LLC | Accommodation and Food Services | $686,602 | $690,455 | 30 | <$5M | AI Deep Dive |
| Superior Fuel Company | Retail Trade | $672,000 | $676,640 | 64 | $15.3M | AI Deep Dive |
| Damberg Scott Gerzina Wagner Architects | Professional, Scientific, and Technical Services | $648,540 | $657,259 | 39 | $12.1M | AI Deep Dive |
| Island Investment Inc. | Accommodation and Food Services | $631,095 | $636,512 | 87 | $27.2M | AI Deep Dive |
| P & R Plumbing & Heating, Inc. | Construction | $626,287 | $631,057 | 35 | $11.1M | AI Deep Dive |
| Driskill's Duluth, Inc. | Retail Trade | $622,300 | $626,570 | 118 | $29.5M | AI Deep Dive |
| The Citon Computer Corporation | Professional, Scientific, and Technical Services | $614,185 | $617,719 | 46 | $9.5M | AI Deep Dive |
| Conveyor Belt Service INC | Manufacturing | $604,965 | $610,269 | 33 | $8.6M | AI Deep Dive |
| Northern Industrial Insulation | Construction | $597,500 | $602,051 | 71 | $17.9M | AI Deep Dive |
| Duluth Electrical Contracting, Inc. | Construction | $595,000 | $602,404 | 29 | $9.5M | AI Deep Dive |
| Punt, INC | Health Care and Social Assistance | $584,500 | $557,890 | 108 | N/A | AI Deep Dive |
| Franciscan Health Center | Health Care and Social Assistance | $584,100 | $587,493 | 78 | $13.3M | AI Deep Dive |
| Arrowstar Hospitality Partners, LLC | Accommodation and Food Services | $582,400 | $587,059 | 102 | $18.1M | AI Deep Dive |
| Hanft Fride a Professional Association | Professional, Scientific, and Technical Services | $578,280 | $581,053 | 38 | $9.2M | AI Deep Dive |
| Industrial Welders & Machinists, Inc. | Manufacturing | $570,700 | $574,875 | 30 | $7.3M | AI Deep Dive |
| Loll Designs, Inc. | Manufacturing | $551,300 | $554,306 | 58 | $15.2M | AI Deep Dive |
| Hanft Fride, a Professional Association | Professional, Scientific, and Technical Services | $547,300 | $550,239 | 39 | $9.5M | AI Deep Dive |
| Northern Oral & Maxillofacial Surgeons | Health Care and Social Assistance | $546,800 | $550,400 | 48 | $11.1M | AI Deep Dive |
| Just Take Action, Inc. | Accommodation and Food Services | $542,427 | $544,540 | 121 | $21.5M | AI Deep Dive |
| American Precision Avionics | Manufacturing | $540,516 | $544,615 | 73 | $19.1M | AI Deep Dive |
| American Precision Avionics INC | Manufacturing | $540,516 | $543,654 | 62 | $16.2M | AI Deep Dive |
| Pro Print Inc. | Manufacturing | $527,000 | $532,429 | 36 | $35.7M | AI Deep Dive |
| Pro Print | Manufacturing | $527,000 | $532,660 | 54 | $53.6M | AI Deep Dive |