SBA lending record
Garrison Reed, LLC
4960 W 77th St, Edina, MN 55435 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
4
Loans on record
FY2020–23
On record
130
Jobs supported
Franchise brand
Red's Savoy Pizza
See Red's Savoy Pizza's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 4 loans
$247,000 — FY2023
Loan 1 of 4- Gross approval
- $247,000
- SBA guaranteed
- $185,250 (75%)
- Status
- Current
- Rate at approval
- 8.5% v
- Term
- 128 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/22/2022
- First disbursement
- 12/28/2022
- Days to fund
- 6 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Platinum Bank
4 loans to this business- Total assets
- $708.0B
- Deposits
- $569.9B
- Loans outstanding
- $631.9B
- Net income
- $2.3B
- Return on assets
- 1.339653927492016%
- Return on equity
- 15.9%
- Total equity
- $59.9B
- Offices
- 2
- Founded
- 02/1
- Headquarters
- 7667 10th St N, Oakdale, MN, 55128
- FDIC cert
- 58511
- Website
- www.platinumbankmn.com
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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 Garrison Reed, LLC.