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1898 Investments LLC — SBA Loan Record (Deerwood, MN) | DealRoom

Intelligence/Hotels (except Casino Hotels) and Motels/MN

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SBA lending record

1898 Investments LLC

25039 TAME FISH LAKE RD, Deerwood, MN 56444 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$350K

Total SBA financing

1

Loan on record

FY2021

On record

8

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is 1898 Investments LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$350,000 — FY2021

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/20/2021
First disbursement: 2/10/2021
Days to fund: 21 days
Paid in full: 7/31/2025
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Hotels (except Casino Hotels) and Motels
NAICS code: 721110
Lender: Platinum Bank
Address: 25039 TAME FISH LAKE RD
City: Deerwood, 56444
County: Crow Wing
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 8

The lender

Platinum Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding hotels (except casino hotels) and motels — by location, industry.

SBA lenders in Minnesota Lenders for hotels (except casino hotels) and motels Hotels (except Casino Hotels) and Motels lenders in Minnesota

Similar businesses

Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

The Sanctuary LLC

Crosby, MN· ~7 mi

Hotels (except Casino Hotels) and Motels

$400K
SBA financing: ≈ $784K–$1.3M
Est. revenue (rough)

Mission Beach Resort LLC

Merrifield, MN· ~13 mi

Hotels (except Casino Hotels) and Motels

$700K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

JS SPIRIT LAKE LLC

Park Rapids, MN· ~66 mi

Hotels (except Casino Hotels) and Motels

$315K
SBA financing: ≈ $618K–$1.0M
Est. revenue (rough)

Endion Station Hotel LLC

Duluth, MN· ~88 mi

Hotels (except Casino Hotels) and Motels

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

EDEN VALLEY MOTEL LLC

Eden Valley, MN· ~82 mi

Hotels (except Casino Hotels) and Motels

$268K
SBA financing: ≈ $525K–$875K
Est. revenue (rough)

KG Hospitality LP

Spicer, MN· ~96 mi

Best Western / Best Western Plus - Membership Agreement

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for 1898 Investments LLC in Deerwood, MN (Hotels (except Casino Hotels) and Motels). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $350K
On record FY2021
8 jobs supported
Industry: Hotels (except Casino Hotels) and Motels
Location: Deerwood, MN
Lender: Platinum Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in MN for ~$350k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/1898-investments-llc-mn
API:: https://dealroom.so/api/public/businesses/1898-investments-llc-mn
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is 1898 Investments LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 1898 Investments LLC.