SBA lending record
Networx Broadband Inc
10954 235th Ave, Elk River, MN 55330 · Other Computer Related Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.7M
Total SBA financing
4
Loans on record
FY2020–25
On record
18
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Networx Broadband Inc your business?
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All 4 loans
$2,300,000 — FY2025
Loan 1 of 4- Gross approval
- $2,300,000
- SBA guaranteed
- $1,725,000 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/27/2025
- First disbursement
- 2/14/2025
- Days to fund
- 18 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lenders
Agent summary
This page summarizes the public SBA 7(a) lending record for Networx Broadband Inc in Elk River, MN (Other Computer Related Services). 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.
- 4 SBA 7(a) loans totaling $4.7M
- On record FY2020–25
- 18 jobs supported
- Industry: Other Computer Related Services
- Location: Elk River, MN
- Lenders: Sherburne State Bank, Minnwest Bank, Drake 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 Networx Broadband 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 Networx Broadband Inc.