SBA lending record
LaPointe Manufacturing, Inc.
12797 Meadowvale Rd, Elk River, MN 55330 · All Other Miscellaneous Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.5M
Total SBA financing
1
Loan on record
FY2021
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,455,000 — FY2021
- Gross approval
- $1,455,000
- SBA guaranteed
- $1,309,500 (90%)
- Status
- Current
- Rate at approval
- 4.75% f
- Term
- 180 mo (15 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/26/2021
- First disbursement
- 6/3/2021
- Days to fund
- 8 days
- Collateral
- Required
- Jobs supported
- 4
- Business type
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for LaPointe Manufacturing, Inc. in Elk River, MN (All Other Miscellaneous Manufacturing). 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 $1.5M
- On record FY2021
- 4 jobs supported
- Industry: All Other Miscellaneous Manufacturing
- Location: Elk River, MN
- Lender: Sherburne 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
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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 LaPointe Manufacturing, Inc..