SBA lending record
Michael G. Holte
337 2nd Ave E, Halstad, MN 56548 · Soybean Farming. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.9M
Total SBA financing
3
Loans on record
FY2020–21
On record
24
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Michael G. Holte your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 3 loans
$1,930,000 — FY2021
Loan 1 of 3- Gross approval
- $1,930,000
- SBA guaranteed
- $1,737,000 (90%)
- Status
- Current
- Rate at approval
- 4% v
- Term
- 120 mo (10 yr)
- Program
- Seasonal Line of Credit (CAPLine)
- Subprogram
- Seasonal Line of Credit
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/26/2021
- First disbursement
- 3/31/2021
- Days to fund
- 5 days
- Collateral
- Required
- Jobs supported
The lender
Red River State Bank
3 loans to this business- Total assets
- $120.2B
- Deposits
- $102.4B
- Loans outstanding
- $97.8B
- Net income
- $631.0M
- Return on assets
- 2.0988208684661314%
- Return on equity
- 15.04%
- Total equity
- $17.1B
- Offices
- 2
- Founded
- 01/0
- Headquarters
- 300 2nd Ave W, Halstad, MN, 56548
- FDIC cert
- 15820
- Website
- www.redriverbank.com
Is Michael G. Holte 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 and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Michael G. Holte.