SBA lending record
Douglass Innovations, Inc
6333 113th Ave NE 113TH AVE, Spicer, MN 56288 · All Other Miscellaneous Electrical Equipment and Component M. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$300K
Total SBA financing
1
Loan on record
FY2020
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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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.
The loan
$300,000 — FY2020
- Gross approval
- $300,000
- SBA guaranteed
- $225,000 (75%)
- Status
- Paid in full
- Rate at approval
- 4.75% v
- Term
- 120 mo (10 yr)
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/23/2020
- First disbursement
- 7/31/2020
- Days to fund
- 38 days
- Paid in full
- 7/31/2023
- Collateral
- Required
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Douglass Innovations, Inc in Spicer, MN (All Other Miscellaneous Electrical Equipment and Component M). 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 $300K
- On record FY2020
- 2 jobs supported
- Industry: All Other Miscellaneous Electrical Equipment and Component M
- Location: Spicer, MN
- Lender: United Prairie Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
Is Douglass Innovations, Inc 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 Douglass Innovations, Inc.