SBA lending record
Locust, LLC
PO BOX 52, Hampton, MN 55031 · All Other Specialty Trade Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$600K
Total SBA financing
2
Loans on record
FY2021
On record
56
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$400,000 — FY2021
Loan 1 of 2- Gross approval
- $400,000
- SBA guaranteed
- $200,000 (50%)
- Status
- Current
- Rate at approval
- 4.25% f
- Term
- 122 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/11/2021
- First disbursement
- 6/23/2021
- Days to fund
- 43 days
- Collateral
- Required
- Jobs supported
The lender
First Farmers & Merchants Bank
2 loans to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Locust, LLC in Hampton, MN (All Other Specialty Trade 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 $600K
- On record FY2021
- 56 jobs supported
- Industry: All Other Specialty Trade Contractors
- Location: Hampton, MN
- Lender: First Farmers & Merchants 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
Is Locust, 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 Locust, LLC.