Pawnbroker license

Pawnshops in Minneapolis must have a license.

Definition

A pawnbroker or pawnshop is a business that:

  • Lends money with personal property used as collateral
  • Lends money in exchange for a mortgage on personal property
  • Buys personal property with the intent of selling it back again 
  • Sells personal property on consignment 

What to know

Before you begin

Use this information only as a general guide.

Look at our information about: 

Requirements

  • You must provide a surety bond with your application. 
  • A Personal Information Form must be completed by the applicant, manager(s) and each person who owns 5% or more. Publicly traded corporations do not need to complete this for owners.

Application

See pawnshop application

Fee

Find your license fee

Submit your application

Submit your application to Business Licenses

Pawnshop items cash, gold jewelry and camera

Lost or stolen items at pawnshops

When people report property as stolen or lost, the Police Department looks for matches at pawnshops.
Find lost or stolen items

Report an issue

Contact us

Business Licenses & Consumer Services

Phone
612-673-2080

Fax
612-673-3399

Address

Public Service Building
505 Fourth Ave. S., Room 220
Minneapolis, MN 55415

Office hours
8 a.m. – 4 p.m.
Monday – Thursday

9 a.m. – 4 p.m.
Friday

Minneapolis 311

Email Minneapolis 311

Phone

311 or 612-673-3000

TTY

612-263-6850

Hours

7 a.m. – 7 p.m.
Monday – Friday

See list of City holidays