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FM Equipment and Auto Sales LLC — SBA Loan Record (Fargo, ND) | DealRoom

Intelligence/Industrial Machinery and Equipment Merchant Wholesalers/ND

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SBA lending record

FM Equipment and Auto Sales LLC

5229 51st Ave, Ste 5, Fargo, ND 58104 · Industrial Machinery and Equipment Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$200K

Total SBA financing

1

Loan on record

FY2025

On record

1

Jobs supported

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

Is FM Equipment and Auto Sales 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

$200,000 — FY2025

Gross approval: $200,000
SBA guaranteed: $100,000 (50%)
Status: Current
Rate at approval: 9.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/21/2024
First disbursement: 11/7/2024
Days to fund: 17 days
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Industrial Machinery and Equipment Merchant Wholesalers
NAICS code: 423830
Lender: Choice Financial Group
Address: 5229 51st Ave, Ste 5
City: Fargo, 58104
County: Cass
SBA district office: NORTH DAKOTA DISTRICT OFFICE
Congressional district: 0

The lender

Choice Financial Group

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 industrial machinery and equipment merchant wholesalers — by location, industry.

SBA lenders in North Dakota Lenders for industrial machinery and equipment merchant wholesalers Industrial Machinery and Equipment Merchant Wholesalers lenders in North Dakota

Similar businesses

Comparable industrial machinery and equipment merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Main-West Inc

Laporte, MN· ~105 mi

Industrial Machinery and Equipment Merchant Wholesalers

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

DWP INDUSTRIAL, LLC

Minneapolis, MN· ~205 mi

Industrial Machinery and Equipment Merchant Wholesalers

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

STEAM SUPPLY LLC

Woodinville, WA· ~1181 mi

Industrial Machinery and Equipment Merchant Wholesalers

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

Storyform INC

Saint Paul, MN· ~222 mi

Industrial Machinery and Equipment Merchant Wholesalers

$365K
SBA financing: ≈ $716K–$1.2M
Est. revenue (rough)

Iron Valley Equipment & Mfg LLC

Saint Cloud, MN· ~156 mi

Industrial Machinery and Equipment Merchant Wholesalers

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

QMC Plastic Machinery Sales, LLC

Maple Grove, MN· ~201 mi

Industrial Machinery and Equipment Merchant Wholesalers

$573K
SBA financing: ≈ $1.1M–$1.9M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for FM Equipment and Auto Sales LLC in Fargo, ND (Industrial Machinery and Equipment Merchant Wholesalers). 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 $200K
On record FY2025
1 jobs supported
Industry: Industrial Machinery and Equipment Merchant Wholesalers
Location: Fargo, ND
Lender: Choice Financial Group

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Industrial Machinery and Equipment Merchant Wholesalers businesses in ND for ~$200k 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/fm-equipment-and-auto-sales-llc-nd
API:: https://dealroom.so/api/public/businesses/fm-equipment-and-auto-sales-llc-nd
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 FM Equipment and Auto Sales 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 FM Equipment and Auto Sales LLC.