SBA lending record
NICK GERKEN
600 Carlson Pkwy Ste 300, Minnetonka, MN 55345 · Investment Advice. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$100K
Total SBA financing
2
Loans on record
FY2021–23
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$70,000 — FY2023
Loan 1 of 2- Gross approval
- $70,000
- SBA guaranteed
- $35,000 (50%)
- Status
- Current
- Rate at approval
- 8% v
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/1/2022
- First disbursement
- 1/6/2023
- Days to fund
- 36 days
- Collateral
- Required
- Jobs supported
- 8
The lender
The State Bank of Faribault
2 loans to this businessIs NICK GERKEN your business?
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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 NICK GERKEN.