SBA lending record
Lakes Law Properties LLC
115 Downtown Plaza, Fairmont, MN 56031 · Offices of Lawyers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2023
On record
13
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Lakes Law Properties LLC 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.
The loan
$500,000 — FY2023
- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Current
- Rate at approval
- 8.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/16/2023
- First disbursement
- 9/22/2023
- Days to fund
- 37 days
- Collateral
- Required
- Jobs supported
- 13
The lender
Welcome State Bank
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Lakes Law Properties LLC in Fairmont, MN (Offices of Lawyers). 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 $500K
- On record FY2023
- 13 jobs supported
- Industry: Offices of Lawyers
- Location: Fairmont, MN
- Lender: Welcome State Bank
Is Lakes Law Properties 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 Lakes Law Properties LLC.