SBA lending record
IBE, INC.
900 W 128TH ST, Burnsville, MN 55337 · All Other Transit and Ground Passenger Transportation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
2
Loans on record
FY2020
On record
50
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$419,500 — FY2020
Loan 1 of 2- Gross approval
- $419,500
- SBA guaranteed
- $314,625 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 7% v
- Term
- 82 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/5/2020
- First disbursement
- 2/29/2020
- Days to fund
- 24 days
- Charged off
- 5/30/2024
- Charge-off amount
- $292,982
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for IBE, INC. in Burnsville, MN (All Other Transit and Ground Passenger Transportation). 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 $500K
- On record FY2020
- 50 jobs supported
- Industry: All Other Transit and Ground Passenger Transportation
- Location: Burnsville, MN
- Lender: BankVista
- 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 IBE, INC. 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 IBE, INC..