SBA lending record
Nelson Shoes, Inc.
3401 WEST DIVISION ST STE 147, Saint Cloud, MN 56301 · Shoe Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.5M
Total SBA financing
2
Loans on record
FY2024
On record
16
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$100,000 — FY2024
Loan 1 of 2- Gross approval
- $100,000
- SBA guaranteed
- $75,000 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 36 mo (3 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/9/2024
- First disbursement
- 2/8/2024
- Days to fund
- 30 days
- Collateral
- Required
- Jobs supported
- 8
The lender
Farmers and Merchants Savings Bank
2 loans to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Nelson Shoes, Inc. in Saint Cloud, MN (Shoe Retailers). 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 $1.5M
- On record FY2024
- 16 jobs supported
- Industry: Shoe Retailers
- Location: Saint Cloud, MN
- Lender: Farmers and Merchants Savings 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 Nelson Shoes, 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 Nelson Shoes, Inc..