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

Loan on record

FY2025

On record

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

Next steps

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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..