SBA lending record
Timeless Elements Med Spa and Laser Center, Inc
608 Lake Street S, Forest Lake, MN 55025 · Other Personal Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.1M
Total SBA financing
1
Loan on record
FY2023
On record
19
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,147,000 — FY2023
- Gross approval
- $1,147,000
- SBA guaranteed
- $860,250 (75%)
- Status
- Current
- Rate at approval
- 10.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/4/2023
- First disbursement
- 5/8/2023
- Days to fund
- 4 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Frandsen Bank and Trust
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Timeless Elements Med Spa and Laser Center, Inc in Forest Lake, MN (Other Personal Care 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.
- 1 SBA 7(a) loan totaling $1.1M
- On record FY2023
- 19 jobs supported
- Industry: Other Personal Care Services
- Location: Forest Lake, MN
- Lender: Frandsen Bank and Trust
- 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:
Is Timeless Elements Med Spa and Laser Center, 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 Timeless Elements Med Spa and Laser Center, Inc.