Lender intelligence
Financing a book retailers and news dealers acquisition in Minnesota
The SBA 7(a) lenders funding the most book retailers and news dealers 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 book retailers and news dealers · Minnesota
Ranked by funded book retailers and news dealers acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2 loans · $1M · Iowa City, IAFull record →
- 2.5 loans · $2M · Mora, MNFull record →
2+ funded Book Retailers and News Dealers 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.
- Black Garnet Books, LLC in Saint Paul, MN — $140K (2025) · purchase · Farmers and Merchants Savings Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $105K (75%)
- Approval → funding
- 30 days
- Approved
- 10/28/2024
- First disbursed
- 11/27/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Book Retailers and News Dealers
If you were the buyer here
- Est. deal size
- $155K
- Est. down payment (10%)
- $16K
- Est. cash at closing
- $20K
- Monthly payment
- $1,767
- Annual debt service
- $21K
- Cash flow needed (1.25×)
- $27K
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 Farmers and Merchants Savings Bank · Lender record →
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- Cherry Street Store, LLC in Alexandria, MN — $80K (2022) · purchase · Neighborhood National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $40K (50%)
- Approval → funding
- 38 days
- Approved
- 3/25/2022
- First disbursed
- 5/2/2022
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Book Retailers and News Dealers
If you were the buyer here
- Est. deal size
- $89K
- Est. down payment (10%)
- $9K
- Est. cash at closing
- $11K
- Monthly payment
- $839
- Annual debt service
- $10K
- Cash flow needed (1.25×)
- $13K
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 Neighborhood National Bank · Lender record →
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Financing a book retailers and news dealers 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 book retailers and news dealers businesses with a Minnesota project address.
Agent summary
How to finance a book retailers and news dealers 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. Farmers and Merchants Savings Bank funds the most here. DealRoom is not a lender.
- $192K typical loan
- 2 lenders active in Minnesota
- 2+ funded Minnesota deals
- 38 days typical to fund
Buyers buying a book retailers and news dealers 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 2026-06-17.