SBA lending record
THE RUSTY NAIL
123 Lake Ave. S., Battle Lake, MN 56515 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$72K
Total SBA financing
1
Loan on record
FY2020
On record
15
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$72,000 — FY2020
- Gross approval
- $72,000
- SBA guaranteed
- $36,000 (50%)
- Status
- Paid in full
- Rate at approval
- 7.5% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/7/2019
- First disbursement
- 11/30/2019
- Days to fund
- 23 days
- Paid in full
- 2/28/2022
- Collateral
- Required
The lender
My Kind of Bank National Association
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for THE RUSTY NAIL in Battle Lake, MN (Full-Service Restaurants). 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 $72K
- On record FY2020
- 15 jobs supported
- Industry: Full-Service Restaurants
- Location: Battle Lake, MN
- Lender: My Kind of Bank National Association
- 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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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 THE RUSTY NAIL.