SBA lending record
Layman Excavating
47778 COUNTY HIGHWAY 14, New York Mills, MN 56567 · Site Preparation Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$442K
Total SBA financing
2
Loans on record
FY2022–24
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$91,800 — FY2024
Loan 1 of 2- Gross approval
- $91,800
- SBA guaranteed
- $45,900 (50%)
- Status
- Past due
- Rate at approval
- 8.75% f
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/6/2024
- First disbursement
- 3/15/2024
- Days to fund
- 9 days
- Collateral
- Required
- Business type
- Individual
The lender
Wadena State Bank
2 loans to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Layman Excavating in New York Mills, 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.
- 2 SBA 7(a) loans totaling $442K
- On record FY2022–24
- 2 jobs supported
- Industry: Site Preparation Contractors
- Location: New York Mills, MN
- Lender: Wadena 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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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 Layman Excavating.