SBA lending record

HERD ENTERPRISES SOUTH, INC.

5800 12TH AVE, Shakopee, MN 55379 · Couriers and Express Delivery Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.9M

Total SBA financing

Loans on record

FY2020–21

On record

Jobs supported

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

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All 2 loans

$300,000 — FY2021

Loan 1 of 2

Gross approval: $300,000
SBA guaranteed: $270,000 (90%)
Status: Current
Rate at approval: 5.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/25/2021
First disbursement: 3/31/2021
Days to fund: 6 days
Collateral: Required
Sold on secondary market: Yes

The lender

BankVista

2 loans to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for HERD ENTERPRISES SOUTH, INC. in Shakopee, MN (Couriers and Express Delivery Services). 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.

2 SBA 7(a) loans totaling $1.9M
On record FY2020–21
66 jobs supported
Industry: Couriers and Express Delivery Services
Location: Shakopee, MN
Lender: BankVista

Next steps

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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 HERD ENTERPRISES SOUTH, INC..