SBA lending record
King's Mongolian Grill Inc
2056 S Pokegama Ave, Ste B, Grand Rapids, MN 55744 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$285K
Total SBA financing
1
Loan on record
FY2020
On record
7
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$284,800 — FY2020
- Gross approval
- $284,800
- SBA guaranteed
- $142,400 (50%)
- Status
- Paid in full
- Rate at approval
- 5.75% f
- Term
- 59 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/18/2020
- First disbursement
- 8/31/2020
- Days to fund
- 74 days
- Paid in full
- 8/31/2024
- Collateral
- Required
The lender
Park State Bank
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for King's Mongolian Grill Inc in Grand Rapids, MN (Limited-Service Restaurants). 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 $285K
- On record FY2020
- 7 jobs supported
- Industry: Limited-Service Restaurants
- Location: Grand Rapids, MN
- Lender: Park State 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 King's Mongolian Grill 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 King's Mongolian Grill Inc.