SBA lending record
Independence Ventures, LLC
13653 JOHNSON ST NE, Andover, MN 55304 · Conveyor and Conveying Equipment Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.0M
Total SBA financing
2
Loans on record
FY2024
On record
4
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 2 loans
$500,000 — FY2024
Loan 1 of 2- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/13/2024
- First disbursement
- 5/31/2024
- Days to fund
- 18 days
- Collateral
- Required
- Jobs supported
- 2
The lender
Platinum Bank
2 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
Is Independence Ventures, LLC your business?
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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 Independence Ventures, LLC.