SBA lending record
APEX UNDERGROUND INC
910 8TH AVE NW, Perham, MN 56573 · Power and Communication Line and Related Structures Construc. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$401K
Total SBA financing
1
Loan on record
FY2023
On record
15
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$400,800 — FY2023
- Gross approval
- $400,800
- SBA guaranteed
- $300,600 (75%)
- Status
- Paid in full
- Rate at approval
- 8.31% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/15/2023
- First disbursement
- 3/15/2023
- Days to fund
- 0 days
- Paid in full
- 6/30/2024
- Collateral
- Required
The lender
Red River State Bank
1 loan to this business- Total assets
- $120.2B
- Deposits
- $102.4B
- Loans outstanding
- $97.8B
- Net income
- $631.0M
- Return on assets
- 2.0988208684661314%
- Return on equity
- 15.04%
- Total equity
- $17.1B
- Offices
- 2
- Founded
- 01/0
- Headquarters
- 300 2nd Ave W, Halstad, MN, 56548
- FDIC cert
- 15820
- Website
- www.redriverbank.com
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with APEX UNDERGROUND INC.