SBA lending record
RSD DEVELOPMENT, LLC
1198 115th St, Luverne, MN 56156 · Lessors of Nonresidential Buildings (except Miniwarehouses). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$75K
Total SBA financing
1
Loan on record
FY2023
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$75,000 — FY2023
- Gross approval
- $75,000
- SBA guaranteed
- $37,500 (50%)
- Status
- Paid in full
- Rate at approval
- 8.25% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/13/2022
- First disbursement
- 10/14/2022
- Days to fund
- 1 days
- Paid in full
- 5/31/2024
- Collateral
- Required
The lender
Security Savings Bank
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for RSD DEVELOPMENT, LLC in Luverne, MN (Lessors of Nonresidential Buildings (except Miniwarehouses)). 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 $75K
- On record FY2023
- 2 jobs supported
- Industry: Lessors of Nonresidential Buildings (except Miniwarehouses)
- Location: Luverne, MN
- Lender: Security Savings Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is RSD DEVELOPMENT, LLC 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 RSD DEVELOPMENT, LLC.