SBA lending record
SMB Enterprises, LLC
7760 FRANCE AVE SOUTH, Bloomington, MN 55435 · Offices of Lawyers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2024
On record
13
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$500,000 — FY2024
- Gross approval
- $500,000
- SBA guaranteed
- $375,000 (75%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/23/2024
- First disbursement
- 3/6/2024
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Drake Bank
1 loan to this business- Total assets
- $259.8B
- Deposits
- $224.2B
- Loans outstanding
- $189.6B
- Net income
- $-2.0B
- Return on assets
- -3.043285566553405%
- Return on equity
- -43.31%
- Total equity
- $16.6B
- Offices
- 1
- Founded
- 05/0
- Headquarters
- 60 Plato Blvd E, Saint Paul, MN, 55107
- FDIC cert
- 57336
- Website
- www.drake-bank.com
Is SMB Enterprises, LLC your business?
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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 SMB Enterprises, LLC.