SBA lending record
Merickel Lumber Mills, Inc.
630 ASH AVE, Wadena, MN 56482 · Other Building Material Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2020
On record
36
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$350,000 — FY2020
- Gross approval
- $350,000
- SBA guaranteed
- $175,000 (50%)
- Status
- Paid in full
- Rate at approval
- 3.75% f
- Term
- 36 mo (3 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/4/2020
- First disbursement
- 9/30/2020
- Days to fund
- 26 days
- Paid in full
- 11/30/2021
- Collateral
- Required
The lender
Wadena State Bank
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Merickel Lumber Mills, Inc. in Wadena, MN (Other Building Material Dealers). 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 $350K
- On record FY2020
- 36 jobs supported
- Industry: Other Building Material Dealers
- Location: Wadena, MN
- Lender: Wadena State Bank
Is Merickel Lumber Mills, Inc. 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 Merickel Lumber Mills, Inc..