SBA lending record
J & L Hennum, Inc
3244 BUR OAK RD NW, Baudette, MN 56623 · Marinas. 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
FY2021–22
On record
126
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$3,000,000 — FY2022
Loan 1 of 2- Gross approval
- $3,000,000
- SBA guaranteed
- $2,250,000 (75%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 240 mo (20 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 4/8/2022
- First disbursement
- 4/15/2022
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 75
The lenders
Farmers and Merchants Savings Bank
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for J & L Hennum, Inc in Baudette, MN (Marinas). 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 FY2021–22
- 126 jobs supported
- Industry: Marinas
- Location: Baudette, MN
- Lenders: Ultima Bank Minnesota, Farmers and Merchants Savings Bank
- 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 J & L Hennum, 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 J & L Hennum, Inc.