SBA lending record
Hemenway Tools LLC
12900 Meadow View Lane, Detroit Lakes, MN 56501 · Automotive Parts and Accessories Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$75K
Total SBA financing
1
Loan on record
FY2022
On record
1
Jobs supported
Franchise brand
Snap-On
See Snap-On's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$75,000 — FY2022
- Gross approval
- $75,000
- SBA guaranteed
- $37,500 (50%)
- Status
- Current
- Rate at approval
- 7.75% v
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/13/2022
- First disbursement
- 7/31/2022
- Days to fund
- 18 days
- Collateral
- Required
- Jobs supported
- 1
The lender
Farmers & Merchants State Bank of New York Mills, Incorporated
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Hemenway Tools LLC in Detroit Lakes, MN (Automotive Parts and Accessories Retailers). 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 $75K
- On record FY2022
- 1 jobs supported
- Industry: Automotive Parts and Accessories Retailers
- Location: Detroit Lakes, MN
- Lender: Farmers & Merchants State Bank of New York Mills, Incorporated
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Hemenway Tools 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 Hemenway Tools LLC.