SBA lending record
Serenas Carpet Inc.
114 E Chapman St, Ely, MN 55731 · All Other Miscellaneous Store Retailers (except Tobacco Stor. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$169K
Total SBA financing
2
Loans on record
FY2020–21
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$51,100 — FY2021
Loan 1 of 2- Gross approval
- $51,100
- SBA guaranteed
- $25,550 (50%)
- Status
- Paid in full
- Rate at approval
- 6% v
- Term
- 300 mo (25 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/19/2020
- First disbursement
- 10/31/2020
- Days to fund
- 12 days
- Paid in full
- 8/31/2022
- Collateral
- Required
The lender
Northeast Entrepreneur Fund, Inc.
2 loans to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Serenas Carpet Inc. in Ely, MN (All Other Miscellaneous Store Retailers (except Tobacco Stor). 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.
- 2 SBA 7(a) loans totaling $169K
- On record FY2020–21
- 10 jobs supported
- Industry: All Other Miscellaneous Store Retailers (except Tobacco Stor
- Location: Ely, MN
- Lender: Northeast Entrepreneur Fund, Inc.
- 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
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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 Serenas Carpet Inc..