SBA lending record
Schmid Industries LLC
17525 LORENCE WAY, Eden Prairie, MN 55346 · Landscaping Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
1
Loan on record
FY2020
On record
10
Jobs supported
Is Schmid Industries LLC your business?
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The loan
$1,200,000 — FY2020
- Gross approval
- $1,200,000
- SBA guaranteed
- $900,000 (75%)
- Status
- Paid in full
- Rate at approval
- 5.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/5/2020
- First disbursement
- 8/31/2020
- Days to fund
- 26 days
- Paid in full
- 11/30/2022
- Collateral
- Required
- Sold on secondary market
The lender
Minnwest Bank
1 loan to this business- Total assets
- $2965.1B
- Deposits
- $2599.1B
- Loans outstanding
- $2247.3B
- Net income
- $9.3B
- Return on assets
- 1.2513531929330663%
- Return on equity
- 11.39%
- Total equity
- $330.5B
- Offices
- 36
- Founded
- 05/1
- Headquarters
- 300 S Washington St, Redwood Falls, MN, 56283
- FDIC cert
- 16958
- Website
- www.minnwestbank.com
Is Schmid Industries 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 and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Schmid Industries LLC.