SBA lending record
NORCO PRECISION, INC
8889 Zachary Ln N, Maple Grove, MN 55369 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$671K
Total SBA financing
1
Loan on record
FY2024
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is NORCO PRECISION, INC your business?
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The loan
$670,500 — FY2024
- Gross approval
- $670,500
- SBA guaranteed
- $502,875 (75%)
- Status
- Cancelled
- Rate at approval
- 7.9% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/9/2023
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
The lender
Choice Financial Group
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for NORCO PRECISION, INC in Maple Grove, MN (Machine Shops). 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.
- 1 SBA 7(a) loan totaling $671K
- On record FY2024
- 6 jobs supported
- Industry: Machine Shops
- Location: Maple Grove, MN
- Lender: Choice Financial Group
Is NORCO PRECISION, 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 NORCO PRECISION, INC.