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Novak Hydraulics & Machining L.L.C. — SBA Loan Record (Minneapolis, MN) | DealRoom

Intelligence/Commercial and Industrial Machinery and Equipment (except Au/MN

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SBA lending record

Novak Hydraulics & Machining L.L.C.

10661 NASSAU ST NE, Minneapolis, MN 55449 · Commercial and Industrial Machinery and Equipment (except Au. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$142K

Total SBA financing

1

Loan on record

FY2021

On record

3

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Novak Hydraulics & Machining L.L.C. 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.

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The loan

$142,400 — FY2021

Gross approval: $142,400
SBA guaranteed: $128,160 (90%)
Status: Current
Rate at approval: 4.5% v
Term: 96 mo (8 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/20/2021
First disbursement: 9/27/2021
Days to fund: 38 days
Collateral: Required
Jobs supported: 3
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Commercial and Industrial Machinery and Equipment (except Au
NAICS code: 811310
Lender: Northeast Bank
Address: 10661 NASSAU ST NE
City: Minneapolis, 55449
County: Anoka
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 4

The lender

Northeast Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding commercial and industrial machinery and equipment (except au — by location, industry.

SBA lenders in Minnesota Lenders for commercial and industrial machinery and equipment (except au Commercial and Industrial Machinery and Equipment (except Au lenders in Minnesota

Similar businesses

Comparable commercial and industrial machinery and equipment (except au in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

LASER CLEANING AND RESTORATION OF MINNESOTA LLC

Saint Paul, MN· ~15 mi

Commercial and Industrial Machinery and Equipment (except Au

$125K
SBA financing: ≈ $245K–$408K
Est. revenue (rough)

Carlson Bros Enterprises LLC

Osseo, MN· ~10 mi

Commercial and Industrial Machinery and Equipment (except Au

$60K
SBA financing: ≈ $118K–$196K
Est. revenue (rough)

Dock & Door Tec., Inc.

Elk River, MN· ~17 mi

Commercial and Industrial Machinery and Equipment (except Au

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

EVERGREEN SOLUTIONS, LLC

Hudson, WI· ~25 mi

Commercial and Industrial Machinery and Equipment (except Au

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

Sheldon Enterprises LLC

Maple Grove, MN· ~10 mi

Commercial and Industrial Machinery and Equipment (except Au

$374K
SBA financing: ≈ $733K–$1.2M
Est. revenue (rough)

NeuFab Welding LLC

Ramsey, MN· ~14 mi

Commercial and Industrial Machinery and Equipment (except Au

$499K
SBA financing: ≈ $979K–$1.6M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Novak Hydraulics & Machining L.L.C. in Minneapolis, MN (Commercial and Industrial Machinery and Equipment (except Au). 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 $142K
On record FY2021
3 jobs supported
Industry: Commercial and Industrial Machinery and Equipment (except Au
Location: Minneapolis, MN
Lender: Northeast Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Commercial and Industrial Machinery and Equipment (except Au businesses in MN for ~$142k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/novak-hydraulics-machining-l-l-c-mn
API:: https://dealroom.so/api/public/businesses/novak-hydraulics-machining-l-l-c-mn
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Novak Hydraulics & Machining L.L.C. 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 Novak Hydraulics & Machining L.L.C..