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Reid's Welding & Custom Mfg., Inc. — SBA Loan Record (Benson, MN) | DealRoom

Intelligence/All Other Miscellaneous Fabricated Metal Product Manufacturi/MN

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SBA lending record

Reid's Welding & Custom Mfg., Inc.

905 13th St N, Benson, MN 56215 · All Other Miscellaneous Fabricated Metal Product Manufacturi. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$160K

Total SBA financing

1

Loan on record

FY2022

On record

6

Jobs supported

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

Is Reid's Welding & Custom Mfg., 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.

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The loan

$160,000 — FY2022

Gross approval: $160,000
SBA guaranteed: $120,000 (75%)
Status: Paid in full
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 12/15/2021
First disbursement: 12/31/2021
Days to fund: 16 days
Paid in full: 8/31/2024
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 6
Business type: Corporation
Business age: Change of Ownership
Industry: All Other Miscellaneous Fabricated Metal Product Manufacturi
NAICS code: 332999
Lender: BMO Bank National Association
Address: 905 13th St N
City: Benson, 56215
County: Swift
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 7

The lender

BMO Bank National Association

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 all other miscellaneous fabricated metal product manufacturi — by location, industry.

SBA lenders in Minnesota Lenders for all other miscellaneous fabricated metal product manufacturi All Other Miscellaneous Fabricated Metal Product Manufacturi lenders in Minnesota

Similar businesses

Comparable all other miscellaneous fabricated metal product manufacturi in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Chemistry Design Werks LLC

St Paul, MN· ~120 mi

All Other Miscellaneous Fabricated Metal Product Manufacturi

$121K
SBA financing: ≈ $237K–$396K
Est. revenue (rough)

VVK Metal, LLC

Lakeville, MN· ~124 mi

All Other Miscellaneous Fabricated Metal Product Manufacturi

$186K
SBA financing: ≈ $364K–$607K
Est. revenue (rough)

FABbot Fabrication Company

North Branch, MN· ~126 mi

All Other Miscellaneous Fabricated Metal Product Manufacturi

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Backdraft Manufacturing LLC

Luverne, MN· ~119 mi

All Other Miscellaneous Fabricated Metal Product Manufacturi

$217K
SBA financing: ≈ $425K–$709K
Est. revenue (rough)

BHS, LLC

Minneapolis, MN· ~110 mi

All Other Miscellaneous Fabricated Metal Product Manufacturi

$260K
SBA financing: ≈ $510K–$850K
Est. revenue (rough)

Honebrink Industries, LLC

Hudson, WI· ~144 mi

All Other Miscellaneous Fabricated Metal Product Manufacturi

$145K
SBA financing: ≈ $284K–$474K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Reid's Welding & Custom Mfg., Inc. in Benson, MN (All Other Miscellaneous Fabricated Metal Product Manufacturi). 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 $160K
On record FY2022
6 jobs supported
Industry: All Other Miscellaneous Fabricated Metal Product Manufacturi
Location: Benson, MN
Lender: BMO Bank National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Miscellaneous Fabricated Metal Product Manufacturi businesses in MN for ~$160k 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/reid-s-welding-custom-mfg-inc-mn
API:: https://dealroom.so/api/public/businesses/reid-s-welding-custom-mfg-inc-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 Reid's Welding & Custom Mfg., 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 Reid's Welding & Custom Mfg., Inc..