SBA lending record
Kraig Nelson
16836 County Highway 5, Lake Park, MN 56554 · All Other Grain Farming. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2021
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Kraig Nelson your business?
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The loan
$350,000 — FY2021
- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/21/2021
- First disbursement
- 9/23/2021
- Days to fund
- 2 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Kraig Nelson in Lake Park, MN (All Other Grain Farming). 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 $350K
- On record FY2021
- 1 jobs supported
- Industry: All Other Grain Farming
- Location: Lake Park, MN
- Lender: Ultima Bank Minnesota
- 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 Kraig Nelson 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 Kraig Nelson.