SBA lending record

Team Vail Inc

9046 Lake Drive, Lexington, MN 55014 · Plumbing, Heating, and Air-Conditioning Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.2M

Total SBA financing

Loans on record

FY2021–24

On record

Jobs supported

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All 3 loans

$175,000 — FY2024

Loan 1 of 3

Gross approval: $175,000
SBA guaranteed: $87,500 (50%)
Status: Current
Rate at approval: 9.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/1/2023
First disbursement: 1/3/2024
Days to fund: 33 days
Collateral: Required
Jobs supported: 7

The lenders

Prime Security Bank

2 loans to this business

Total assets: $148.6B
Deposits: $125.1B
Loans outstanding: $127.1B
Net income: $536.0M
Return on assets: 1.457947992601458%
Return on equity: 16.69%
Total equity: $13.0B
Offices: 3
Founded: 06/0
Headquarters: 201 Main St N, Karlstad, MN, 56732
FDIC cert: 10971
Website: www.primesecurity.com

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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 Team Vail Inc.