SBA lending record
GAC LLC
190 High Point Place NE, Byron, MN 55920 · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$639K
Total SBA financing
1
Loan on record
FY2022
On record
11
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$638,800 — FY2022
- Gross approval
- $638,800
- SBA guaranteed
- $479,100 (75%)
- Status
- Delinquent
- Rate at approval
- 6% v
- Term
- 291 mo (24 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/2/2021
- First disbursement
- 12/10/2021
- Days to fund
- 8 days
- Collateral
- Required
- Jobs supported
- 11
- Business type
The lender
Merchants Bank, National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Is GAC LLC your business?
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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 GAC LLC.