Lender intelligence
Financing a department stores (except discount department stores) acquisition in Minnesota
The SBA 7(a) lenders funding the most department stores (except discount department stores) 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 department stores (except discount department stores) · Minnesota
Ranked by funded department stores (except discount department stores) acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
2+ funded Department Stores (except Discount Department Stores) 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.
- Endless Shores Inc. in Duluth, MN — $2.3M (2024) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.85% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.7M (75%)
- Approval → funding
- 8 days
- Approved
- 9/11/2024
- First disbursed
- 9/19/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Department Stores (except Discount Department Stores)
If you were the buyer here
- Est. deal size
- $2.6M
- Est. down payment (10%)
- $257K
- Est. cash at closing
- $354K
- Monthly payment
- $27,864
- Annual debt service
- $334K
- Cash flow needed (1.25×)
- $418K
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 Old National Bank · Lender record →
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- Endless Shores Inc. in Duluth, MN — $350K (2024) · purchase · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $175K (50%)
- Approved
- 9/11/2024
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Department Stores (except Discount Department Stores)
If you were the buyer here
- Est. deal size
- $389K
- Est. down payment (10%)
- $39K
- Est. cash at closing
- $52K
- Monthly payment
- $4,625
- Annual debt service
- $56K
- Cash flow needed (1.25×)
- $69K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
Financing a department stores (except discount department stores) 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 department stores (except discount department stores) businesses with a Minnesota project address.
Agent summary
How to finance a department stores (except discount department stores) 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. Old National Bank funds the most here. DealRoom is not a lender.
- $1.4M typical loan
- 1 lenders active in Minnesota
- 2+ funded Minnesota deals
- 8 days typical to fund
Buyers buying a department stores (except discount department stores) 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.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.