SBA lending record

LUSTROUS SPIRITS INC.

1149 LARPENTEUR AVEW, Roseville, MN 55113 · Beer, Wine, and Liquor Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.0M

Total SBA financing

Loans on record

FY2021–24

On record

Jobs supported

Franchise brand

MGM Wine & Spirits

See MGM Wine & Spirits's SBA financing data — typical deal, failure rate, and how its loans perform →

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All 4 loans

$409,500 — FY2024

Loan 1 of 4

Gross approval: $409,500
SBA guaranteed: $307,125 (75%)
Status: Paid in full
Rate at approval: 8.25% f
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/16/2024
First disbursement: 5/29/2024
Days to fund: 13 days
Paid in full: 8/31/2024
Collateral: Required

The lenders

BankVista

2 loans to this business

Total assets: $646.7B
Deposits: $533.0B
Loans outstanding: $574.9B
Net income: $2.0B
Return on assets: 1.2249741607012978%
Return on equity: 12.81%
Total equity: $61.4B
Offices: 3
Founded: 02/1
Headquarters: 125 Twin Rivers Ct, Sartell, MN, 56377
FDIC cert: 35406
Website: www.bankvista.com

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LUSTROUS SPIRITS INC.

All 4 loans

$409,500 — FY2024

The lenders

BankVista

$28,000 — FY2024

$50,000 — FY2021

$558,000 — FY2021

U.S. Bank, National Association