SBA lending record
Phoenix Abrasives Inc
200 WEST 88TH ST SUITE 8, Bloomington, MN 55420 · All Other Professional, Scientific, and Technical Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.1M
Total SBA financing
1
Loan on record
FY2021
On record
11
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Phoenix Abrasives Inc 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.
The loan
$2,061,500 — FY2021
- Gross approval
- $2,061,500
- SBA guaranteed
- $1,855,350 (90%)
- Status
- Current
- Rate at approval
- 5% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/12/2021
- First disbursement
- 8/24/2021
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Is Phoenix Abrasives Inc 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 Phoenix Abrasives Inc.