The organization was originally known as the Breezy Point North Stars and was founded as a non-profit corporation operated by Whitebirch, Inc.
The first victory in franchise history came in their ninth league game, a 3–2 win over the Alexandria Blizzard on October 19, 2012.
After one dormant season, the franchise was sold in 2021 to MHCPA, LLC, an ownership group composed of Craig Larson, Anthony Maucieri, and former NHL player Chris Stewart.
The franchise was reactivated as the Minnesota Loons for the 2021–22 season[8] and the new management re-hired Muller as head coach.
The North Stars have had a number of alumni move on to collegiate programs and higher levels of junior ice hockey in the United States and Canada.