SBA lending record
Theratec, Inc
1191 Pike Lake Dr, New Brighton, MN 55112 · All Other Professional, Scientific, and Technical Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$550K
Total SBA financing
2
Loans on record
FY2022
On record
15
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Theratec, Inc your business?
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All 2 loans
$300,000 — FY2022
Loan 1 of 2- Gross approval
- $300,000
- SBA guaranteed
- $225,000 (75%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/15/2021
- First disbursement
- 12/29/2021
- Days to fund
- 14 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Theratec, Inc in New Brighton, MN (All Other Professional, Scientific, and Technical Services). 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.
- 2 SBA 7(a) loans totaling $550K
- On record FY2022
- 15 jobs supported
- Industry: All Other Professional, Scientific, and Technical Services
- Location: New Brighton, MN
- Lender: First Resource Bank
- 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
Is Theratec, 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 Theratec, Inc.