Lender intelligence
Financing a floor covering stores acquisition in Minnesota
The SBA 7(a) lenders funding the most floor covering 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 floor covering stores · Minnesota
Ranked by funded floor covering stores acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.46 loans · $27M · Sartell, MNFull record →
4+ funded Floor Covering 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.
- Hopkins Flooring, Inc. in Hopkins, MN — $100K (2022) · purchase · American National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approval → funding
- 2 days
- Approved
- 11/17/2021
- First disbursed
- 11/19/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Floor Covering Stores
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,024
- Annual debt service
- $12K
- Cash flow needed (1.25×)
- $15K
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 American National Bank
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- HARPOR-KREE LLC in Saint Joseph, MN — $33K (2022) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (75%)
- Approval → funding
- 5 days
- Approved
- 1/7/2022
- First disbursed
- 1/12/2022
- Loan status
- Paid in full (6/30/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Floor Covering Stores
If you were the buyer here
- Est. deal size
- $37K
- Est. down payment (10%)
- $4K
- Est. cash at closing
- $5K
- Monthly payment
- $350
- Annual debt service
- $4K
- Cash flow needed (1.25×)
- $5K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
- HARPOR-KREE LLC in Saint Joseph, MN — $1.4M (2021) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approval → funding
- 72 days
- Approved
- 9/29/2021
- First disbursed
- 12/10/2021
- Loan status
- Paid in full (8/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Floor Covering Stores
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $151K
- Est. cash at closing
- $207K
- Monthly payment
- $14,238
- Annual debt service
- $171K
- Cash flow needed (1.25×)
- $214K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
- The Home Collective LLC in Rochester, MN — $695K (2020) · purchase · Foresight Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.1% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $348K (50%)
- Approval → funding
- 7 days
- Approved
- 9/23/2020
- First disbursed
- 9/30/2020
- Loan status
- Paid in full (7/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Floor Covering Stores
If you were the buyer here
- Est. deal size
- $772K
- Est. down payment (10%)
- $77K
- Est. cash at closing
- $103K
- Monthly payment
- $7,406
- Annual debt service
- $89K
- Cash flow needed (1.25×)
- $111K
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 Foresight Bank
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to floor covering stores businesses with a Minnesota project address.
Agent summary
How to finance a floor covering 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. BankVista funds the most here. DealRoom is not a lender.
- $787K typical loan
- 3 lenders active in Minnesota
- 4+ funded Minnesota deals
- 7 days typical to fund
Buyers buying a floor covering 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: