SBA lending record
Korblick Excavating, LLC
20105 County 84, Clarissa, MN 56440 · Site Preparation Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.3M
Total SBA financing
1
Loan on record
FY2020
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,265,000 — FY2020
- Gross approval
- $1,265,000
- SBA guaranteed
- $948,750 (75%)
- Status
- Current
- Rate at approval
- 4.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/21/2020
- First disbursement
- 4/24/2020
- Days to fund
- 3 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Korblick Excavating, LLC in Clarissa, MN (Site Preparation Contractors). 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 $1.3M
- On record FY2020
- 4 jobs supported
- Industry: Site Preparation Contractors
- Location: Clarissa, MN
- Lender: Magnifi Financial CU
- 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 Korblick Excavating, LLC 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 Korblick Excavating, LLC.