SBA lending record
Merseth Properties LLC
212 2ND ST NW, Bemidji, MN 56601 · Other Activities Related to Real Estate. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$415K
Total SBA financing
1
Loan on record
FY2020
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$415,000 — FY2020
- Gross approval
- $415,000
- SBA guaranteed
- $311,250 (75%)
- Status
- Current
- Rate at approval
- 5.5% v
- Term
- 240 mo (20 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/6/2020
- First disbursement
- 10/31/2020
- Days to fund
- 86 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
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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 Merseth Properties LLC.