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Circle Ten Trucking, LLC — SBA Loan Record (New York Mills, MN) | DealRoom

Intelligence/General Freight Trucking, Local/MN

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SBA lending record

Circle Ten Trucking, LLC

402 Doc Hanson Street, New York Mills, MN 56567 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$315K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

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

Is Circle Ten Trucking, 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

$315,000 — FY2020

Gross approval: $315,000
SBA guaranteed: $236,250 (75%)
Status: Paid in full
Rate at approval: 2% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/24/2020
First disbursement: 9/25/2020
Days to fund: 1 days
Paid in full: 4/30/2025
Collateral: Required
Sold on secondary market: Yes
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: General Freight Trucking, Local
NAICS code: 484110
Lender: Magnifi Financial CU
Address: 402 Doc Hanson Street
City: New York Mills, 56567
County: Otter Tail
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 7

The lender

Magnifi Financial CU

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 general freight trucking, local — by location, industry.

SBA lenders in Minnesota Lenders for general freight trucking, local General Freight Trucking, Local lenders in Minnesota

Similar businesses

Comparable general freight trucking, local in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Hunke Leasing, Inc.

Wadena, MN· ~13 mi

General Freight Trucking, Local

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

FPRC Trucking LLC

New York Mills, MN· ~3 mi

General Freight Trucking, Local

$83K
SBA financing: ≈ $162K–$270K
Est. revenue (rough)

Berghorst Diesel LLC

Garfield, MN· ~40 mi

General Freight Trucking, Local

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

APARTMENT MOVERS 2 LLC

West Fargo, ND· ~76 mi

General Freight Trucking, Local

$165K
SBA financing: ≈ $324K–$539K
Est. revenue (rough)

RK Leasing, Inc.

Saint Paul, MN· ~144 mi

General Freight Trucking, Local

$286K
SBA financing: ≈ $561K–$935K
Est. revenue (rough)

John Kopet

Laporte, MN· ~50 mi

General Freight Trucking, Local

$158K
SBA financing: ≈ $309K–$516K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Circle Ten Trucking, LLC in New York Mills, MN (General Freight Trucking, Local). 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 $315K
On record FY2020
Industry: General Freight Trucking, Local
Location: New York Mills, MN
Lender: Magnifi Financial CU

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Local businesses in MN for ~$315k 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 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/circle-ten-trucking-llc-mn
API:: https://dealroom.so/api/public/businesses/circle-ten-trucking-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 Circle Ten Trucking, 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 Circle Ten Trucking, LLC.