Lender intelligence
Financing a appliance repair and maintenance acquisition in Minnesota
The SBA 7(a) lenders funding the most appliance repair and maintenance acquisitions in Minnesota, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in appliance repair and maintenance · Minnesota
Ranked by funded appliance repair and maintenance acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.32 loans · $32M · Fargo, NDFull record →
2+ funded Appliance Repair and Maintenance in Minnesota deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Nicollet Appliance LLC in Minneapolis, MN — $139K (2024) · purchase · Bell Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $118K (85%)
- Approval → funding
- 17 days
- Approved
- 12/16/2023
- First disbursed
- 1/2/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Change of Ownership
- Industry
- Appliance Repair and Maintenance
If you were the buyer here
- Est. deal size
- $154K
- Est. down payment (10%)
- $15K
- Est. cash at closing
- $20K
- Monthly payment
- $1,915
- Annual debt service
- $23K
- Cash flow needed (1.25×)
- $29K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bell Bank · Lender record →
Your business? Claim this record · Request removal
- Meyer Company, LLC in Richmond, MN — $235K (2020) · purchase · Magnifi Financial CU
- Program
- Preferred Lenders Program
- Rate at approval
- 6.25% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $176K (75%)
- Approval → funding
- 5 days
- Approved
- 3/4/2020
- First disbursed
- 3/9/2020
- Loan status
- Failed — $174K charged off (3/7/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Appliance Repair and Maintenance
If you were the buyer here
- Est. deal size
- $261K
- Est. down payment (10%)
- $26K
- Est. cash at closing
- $35K
- Monthly payment
- $3,461
- Annual debt service
- $42K
- Cash flow needed (1.25×)
- $52K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Magnifi Financial CU · Lender record →
Your business? Claim this record · Request removal
Financing a appliance repair and maintenance deal in Minnesota? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to appliance repair and maintenance businesses with a Minnesota project address.
Agent summary
How to finance a appliance repair and maintenance acquisition in Minnesota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Minnesota deals. Bell Bank funds the most here. DealRoom is not a lender.
- $247K typical loan
- 2 lenders active in Minnesota
- 2+ funded Minnesota deals
- 17 days typical to fund
Buyers buying a appliance repair and maintenance in Minnesota typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.