SBA lending record
Spohn's Automotive, Inc.
6958 Cedar Ave S, Minneapolis, MN 55423 · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$856K
Total SBA financing
1
Loan on record
FY2021
On record
16
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$855,500 — FY2021
- Gross approval
- $855,500
- SBA guaranteed
- $641,625 (75%)
- Status
- Current
- Rate at approval
- 5% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/14/2020
- First disbursement
- 10/31/2020
- Days to fund
- 17 days
- Collateral
- Required
- Jobs supported
- 16
- Business type
The lender
Lakeview Bank
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Spohn's Automotive, Inc. in Minneapolis, MN (General Automotive Repair). 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 $856K
- On record FY2021
- 16 jobs supported
- Industry: General Automotive Repair
- Location: Minneapolis, MN
- Lender: Lakeview Bank
Is Spohn's Automotive, Inc. 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 Spohn's Automotive, Inc..