SBA lending record
Innovative Foam, Inc
1164 BENJAMIN AVE, Hutchinson, MN 55350 · All Other Miscellaneous General Purpose Machinery Manufactur. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$69K
Total SBA financing
3
Loans on record
FY2021–25
On record
3
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$34,000 — FY2025
Loan 1 of 3- Gross approval
- $34,000
- SBA guaranteed
- $17,000 (50%)
- Status
- Current
- Rate at approval
- 8% f
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/19/2024
- First disbursement
- 12/23/2024
- Days to fund
- 4 days
- Collateral
- Required
- Business type
- Corporation
The lender
Citizens Bank & Trust Co
3 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 Innovative Foam, Inc in Hutchinson, MN (All Other Miscellaneous General Purpose Machinery Manufactur). 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.
- 3 SBA 7(a) loans totaling $69K
- On record FY2021–25
- 3 jobs supported
- Industry: All Other Miscellaneous General Purpose Machinery Manufactur
- Location: Hutchinson, MN
- Lender: Citizens Bank & Trust Co
- 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
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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 Innovative Foam, Inc.