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Lake Vermilion Houseboats, Inc. — SBA Loan Record (Tower, MN) | DealRoom

Intelligence/All Other Traveler Accommodation/MN

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SBA lending record

Lake Vermilion Houseboats, Inc.

9482 ANGUS RD, Tower, MN 55790 · All Other Traveler Accommodation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$25K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Lake Vermilion Houseboats, Inc. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$25,000 — FY2020

Gross approval: $25,000
SBA guaranteed: $12,500 (50%)
Status: Paid in full
Rate at approval: 6.75% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/19/2019
First disbursement: 11/30/2019
Days to fund: 11 days
Paid in full: 12/31/2024
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other Traveler Accommodation
NAICS code: 721199
Lender: BankVista
Address: 9482 ANGUS RD
City: Tower, 55790
County: Saint Louis
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 8

The lender

BankVista

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding all other traveler accommodation — by location, industry.

SBA lenders in Minnesota Lenders for all other traveler accommodation All Other Traveler Accommodation lenders in Minnesota

Similar businesses

Comparable all other traveler accommodation in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Arrowhead Lodge Resort and Outfitters LLC

Kabetogama, MN· ~53 mi

All Other Traveler Accommodation

$17K
SBA financing: ≈ $32K–$54K
Est. revenue (rough)

Sonderline Resorts, Inc.

Babbitt, MN· ~21 mi

All Other Traveler Accommodation

$4.0M
SBA financing: ≈ $7.8M–$13M
Est. revenue (rough)

Farm Lake, LLC

Ely, MN· ~24 mi

All Other Traveler Accommodation

$728K
SBA financing: ≈ $1.4M–$2.4M
Est. revenue (rough)

Side lake Rentals LLC

Side Lake, MN· ~42 mi

All Other Traveler Accommodation

$240K
SBA financing: ≈ $471K–$784K
Est. revenue (rough)

RMR FARMSTEAD INC

Rainier, WA· ~1412 mi

All Other Traveler Accommodation

$50K
SBA financing: ≈ $97K–$162K
Est. revenue (rough)

More Lux Enterprises LLC

Spokane, WA· ~1163 mi

All Other Traveler Accommodation

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Lake Vermilion Houseboats, Inc. in Tower, MN (All Other Traveler Accommodation). 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 $25K
On record FY2020
Industry: All Other Traveler Accommodation
Location: Tower, MN
Lender: BankVista

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Traveler Accommodation businesses in MN for ~$25k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/lake-vermilion-houseboats-inc-mn
API:: https://dealroom.so/api/public/businesses/lake-vermilion-houseboats-inc-mn
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Lake Vermilion Houseboats, 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 Lake Vermilion Houseboats, Inc..