SBA lending record

Element Squared LLC

601 Carlson Pkwy, Hopkins, MN 55305 · Portfolio Management. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$400K

Total SBA financing

Loans on record

FY2020–23

On record

Jobs supported

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

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All 3 loans

$100,000 — FY2023

Loan 1 of 3

Gross approval: $100,000
SBA guaranteed: $85,000 (85%)
Status: Current
Rate at approval: 9.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/27/2022
First disbursement: 12/30/2022
Days to fund: 3 days
Collateral: Required
Jobs supported: 4

The lenders

Magnifi Financial CU

2 loans to this businessFull SBA lending record + branches on the lender page →

First Merchants Bank

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Element Squared LLC in Hopkins, MN (Portfolio Management). 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.

3 SBA 7(a) loans totaling $400K
On record FY2020–23
20 jobs supported
Industry: Portfolio Management
Location: Hopkins, MN
Lenders: Magnifi Financial CU, First Merchants Bank

Next steps

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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 Element Squared LLC.