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RADKO IRON & SUPPLY CORP. — SBA Loan Record (Hibbing, MN) | DealRoom

Intelligence/Construction and Mining (except Oil Well) Machinery and Equi/MN

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SBA lending record

RADKO IRON & SUPPLY CORP.

11521 Spudville Rd, Hibbing, MN 55746 · Construction and Mining (except Oil Well) Machinery and Equi. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$200K

Total SBA financing

1

Loan on record

FY2021

On record

9

Jobs supported

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

Is RADKO IRON & SUPPLY CORP. 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

$200,000 — FY2021

Gross approval: $200,000
SBA guaranteed: $180,000 (90%)
Status: Paid in full
Rate at approval: 4% f
Term: 60 mo (5 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/3/2021
First disbursement: 6/10/2021
Days to fund: 7 days
Paid in full: 12/31/2021
Collateral: Required
Jobs supported: 9
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Construction and Mining (except Oil Well) Machinery and Equi
NAICS code: 423810
Lender: Frandsen Bank and Trust
Address: 11521 Spudville Rd
City: Hibbing, 55746
County: Saint Louis
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 8

The lender

Frandsen Bank and Trust

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 construction and mining (except oil well) machinery and equi — by location, industry.

SBA lenders in Minnesota Lenders for construction and mining (except oil well) machinery and equi Construction and Mining (except Oil Well) Machinery and Equi lenders in Minnesota

Similar businesses

Comparable construction and mining (except oil well) machinery and equi in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Midway Builders Inc

Virginia, MN· ~22 mi

Construction and Mining (except Oil Well) Machinery and Equi

$713K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

Crane-Tech Inc.

Homer Glen, IL· ~470 mi

Construction and Mining (except Oil Well) Machinery and Equi

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

EQUIPMENT SPARE PARTS INTERNATIONAL CORPORATION

Houston, TX· ~1227 mi

Construction and Mining (except Oil Well) Machinery and Equi

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

CROSSBOW, INC.

Barstow, CA· ~1515 mi

Construction and Mining (except Oil Well) Machinery and Equi

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

Steele House Industries LLC

Novato, CA· ~1625 mi

Construction and Mining (except Oil Well) Machinery and Equi

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

Bobcat of Juneau LLC

Juneau, AK· ~1853 mi

Construction and Mining (except Oil Well) Machinery and Equi

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for RADKO IRON & SUPPLY CORP. in Hibbing, MN (Construction and Mining (except Oil Well) Machinery and Equi). 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 $200K
On record FY2021
9 jobs supported
Industry: Construction and Mining (except Oil Well) Machinery and Equi
Location: Hibbing, MN
Lender: Frandsen Bank and Trust

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Construction and Mining (except Oil Well) Machinery and Equi businesses in MN for ~$200k 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/radko-iron-supply-corp-mn
API:: https://dealroom.so/api/public/businesses/radko-iron-supply-corp-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 RADKO IRON & SUPPLY CORP. 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 RADKO IRON & SUPPLY CORP..