SBA lending record
Phoenix Corp
506 E Main St, Spring Grove, MN 55974 · Highway, Street, and Bridge Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.4M
Total SBA financing
2
Loans on record
FY2020
On record
58
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Phoenix Corp your business?
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All 2 loans
$1,170,500 — FY2020
Loan 1 of 2- Gross approval
- $1,170,500
- SBA guaranteed
- $877,875 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6% v
- Term
- 95 mo (8 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/23/2020
- First disbursement
- 7/31/2020
- Days to fund
- 38 days
- Collateral
- Required
- Sold on secondary market
The lender
Kerndt Brothers Savings Bank
2 loans to this businessIs Phoenix Corp 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 Corp.