SBA lending record
IDC-Automatic, LLC
360 Coon Rapids Blvd., Coon Rapids, MN 55433 · Site Preparation Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.1M
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
$2,560,000 — FY2020
Loan 1 of 2- Gross approval
- $2,560,000
- SBA guaranteed
- $1,920,000 (75%)
- Status
- Paid in full
- Rate at approval
- 5.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/11/2020
- First disbursement
- 9/30/2020
- Days to fund
- 19 days
- Paid in full
- 6/30/2024
- Collateral
- Required
The lender
Choice Financial Group
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 IDC-Automatic, LLC in Coon Rapids, MN (Site Preparation Contractors). 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 $3.1M
- On record FY2020
- 50 jobs supported
- Industry: Site Preparation Contractors
- Location: Coon Rapids, MN
- Lender: Choice Financial Group
- 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 IDC-Automatic, 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 IDC-Automatic, LLC.