SBA lending record
K. & B. Foods, Inc.
369 MAIN ST, New Town, ND 58763 · Supermarkets and Other Grocery Retailers (except Convenience. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2025
On record
17
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$5,000,000 — FY2025
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 144 mo (12 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/16/2024
- First disbursement
- 10/31/2024
- Days to fund
- 15 days
- Collateral
- Required
- Jobs supported
- 17
The lender
First Bank of the Lake
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 K. & B. Foods, Inc. in New Town, ND (Supermarkets and Other Grocery Retailers (except Convenience). 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.
- 1 SBA 7(a) loan totaling $5.0M
- On record FY2025
- 17 jobs supported
- Industry: Supermarkets and Other Grocery Retailers (except Convenience
- Location: New Town, ND
- Lender: First Bank of the Lake
Is K. & B. Foods, 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 K. & B. Foods, Inc..