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Spence Specialties LLC — SBA Loan Record (Saint Paul, MN) | DealRoom

Intelligence/Residential Mental Health and Substance Abuse Facilities/MN

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SBA lending record

Spence Specialties LLC

662 CANTON ST, Saint Paul, MN 55102 · Residential Mental Health and Substance Abuse Facilities. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$308K

Total SBA financing

1

Loan on record

FY2024

On record

2

Jobs supported

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

Is Spence Specialties LLC 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

$308,000 — FY2024

Gross approval: $308,000
SBA guaranteed: $231,000 (75%)
Status: Current
Rate at approval: 9.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/4/2024
First disbursement: 6/13/2024
Days to fund: 9 days
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Residential Mental Health and Substance Abuse Facilities
NAICS code: 623220
Lender: Hiawatha National Bank
Address: 662 CANTON ST
City: Saint Paul, 55102
County: Ramsey
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 4

The lender

Hiawatha National Bank

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 residential mental health and substance abuse facilities — by location, industry.

SBA lenders in Minnesota Lenders for residential mental health and substance abuse facilities Residential Mental Health and Substance Abuse Facilities lenders in Minnesota

Similar businesses

Comparable residential mental health and substance abuse facilities in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Amethyst Grand LLC

Saint Paul, MN· ~1 mi

Residential Mental Health and Substance Abuse Facilities

$927K
SBA financing: ≈ $1.8M–$3.0M
Est. revenue (rough)

Amethyst Recovery Homes LLC

Inver Grove Heights, MN· ~6 mi

Residential Mental Health and Substance Abuse Facilities

$137K
SBA financing: ≈ $268K–$447K
Est. revenue (rough)

Abria Detox LLC

Burnsville, MN· ~14 mi

Residential Mental Health and Substance Abuse Facilities

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

HEALING HOME LLC

Saint Paul, MN· ~4 mi

Residential Mental Health and Substance Abuse Facilities

$916K
SBA financing: ≈ $1.8M–$3.0M
Est. revenue (rough)

BAARI COMMUNITY SERVICES LLC

Saint Paul, MN· ~4 mi

Residential Mental Health and Substance Abuse Facilities

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

INNER WELLNESS RECOVERY HOMES LLC

Maplewood, MN· ~10 mi

Residential Mental Health and Substance Abuse Facilities

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Spence Specialties LLC in Saint Paul, MN (Residential Mental Health and Substance Abuse Facilities). 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 $308K
On record FY2024
2 jobs supported
Industry: Residential Mental Health and Substance Abuse Facilities
Location: Saint Paul, MN
Lender: Hiawatha National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Residential Mental Health and Substance Abuse Facilities businesses in MN for ~$308k 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/spence-specialties-llc-mn
API:: https://dealroom.so/api/public/businesses/spence-specialties-llc-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 Spence Specialties 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 Spence Specialties LLC.