SBA lending record
Elyte Tool, LLC
8273 116th St, Clear Lake, MN 55319 · Wholesale Trade Agents and Brokers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$509K
Total SBA financing
1
Loan on record
FY2025
On record
7
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Elyte Tool, LLC your business?
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The loan
$509,100 — FY2025
- Gross approval
- $509,100
- SBA guaranteed
- $381,825 (75%)
- Status
- Current
- Rate at approval
- 8.95% f
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/28/2025
- First disbursement
- 8/29/2025
- Days to fund
- 1 days
- Collateral
- Required
- Jobs supported
- 7
- Business type
The lender
Sherburne State Bank
1 loan to this business- Total assets
- $343.4B
- Deposits
- $284.8B
- Loans outstanding
- $264.5B
- Net income
- $1.7B
- Return on assets
- 1.9659080059635285%
- Return on equity
- 23.28%
- Total equity
- $28.7B
- Offices
- 3
- Founded
- 09/0
- Headquarters
- 12500 Sherburne Avenue, Becker, MN, 55308
- FDIC cert
- 10169
- Website
- www.sherburnestatebank.com
Is Elyte Tool, LLC your business?
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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 Elyte Tool, LLC.