SBA lending record

KB Vision LLC

5980 Neal Avenue North, Stillwater, MN 55082 · Offices of Optometrists. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.5M

Total SBA financing

Loans on record

FY2022–23

On record

Jobs supported

Franchise brand

Pearle Vision

See Pearle Vision's SBA financing data — typical deal, failure rate, and how its loans perform →

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All 2 loans

$849,000 — FY2023

Loan 1 of 2

Gross approval: $849,000
SBA guaranteed: $636,750 (75%)
Status: Current
Rate at approval: 9.5% v
Term: 126 mo (11 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/9/2023
First disbursement: 2/21/2023
Days to fund: 12 days
Collateral: Required
Sold on secondary market: Yes

The lenders

Dairy State Bank

1 loan to this business

Total assets: $749.6B
Deposits: $644.6B
Loans outstanding: $387.0B
Net income: $1.6B
Return on assets: 0.8730205864409158%
Return on equity: 8.22%
Total equity: $79.7B
Offices: 12
Founded: 01/0
Headquarters: 16 S Main St, Rice Lake, WI, 54868
FDIC cert: 17162
Website: www.dairystatebank.com

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KB Vision LLC

All 2 loans

$849,000 — FY2023

The lenders

Dairy State Bank

$623,600 — FY2022

Seacoast National Bank