Lender intelligence
Financing a general freight trucking, local acquisition in Minnesota
The SBA 7(a) lenders funding the most general freight trucking, local 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 general freight trucking, local · Minnesota
Ranked by funded general freight trucking, local 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 →
- 2.34 loans · $19M · Arden Hills, MNFull record →
- 3.2 loans · $0M · Saint Louis Park, MNFull record →
- 4.12 loans · $5M · Fargo, NDFull record →
12+ funded General Freight Trucking, Local 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.
- RK Leasing, Inc. in Saint Paul, MN — $286K (2025) · purchase · American National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $215K (75%)
- Approval → funding
- 5 days
- Approved
- 5/11/2025
- First disbursed
- 5/16/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $318K
- Est. down payment (10%)
- $32K
- Est. cash at closing
- $43K
- Monthly payment
- $3,321
- Annual debt service
- $40K
- Cash flow needed (1.25×)
- $50K
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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- Midas Trucking Inc in Sauk Rapids, MN — $2.9M (2022) · purchase · Frandsen Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.2M (75%)
- Approval → funding
- 12 days
- Approved
- 12/22/2021
- First disbursed
- 1/3/2022
- Loan status
- Paid in full (10/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $3.3M
- Est. down payment (10%)
- $327K
- Est. cash at closing
- $451K
- Monthly payment
- $31,544
- Annual debt service
- $379K
- Cash flow needed (1.25×)
- $473K
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 Frandsen Bank and Trust · Lender record →
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- Cornerstone Logistics Inc in Bemidji, MN — $975K (2022) · purchase · Choice Financial Group
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $731K (75%)
- Approval → funding
- 7 days
- Approved
- 6/23/2022
- First disbursed
- 6/30/2022
- Loan status
- Paid in full (4/30/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $108K
- Est. cash at closing
- $149K
- Monthly payment
- $11,195
- Annual debt service
- $134K
- Cash flow needed (1.25×)
- $168K
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 Choice Financial Group · Lender record →
Your business? Claim this record · Request removal
- HERK LAND & LEASE LLC in Eagan, MN — $255K (2022) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $191K (75%)
- Approval → funding
- 4 days
- Approved
- 4/11/2022
- First disbursed
- 4/15/2022
- Loan status
- Paid in full (7/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 21
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $284K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $38K
- Monthly payment
- $2,770
- Annual debt service
- $33K
- Cash flow needed (1.25×)
- $42K
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
- Midas Trucking Inc in Sauk Rapids, MN — $250K (2022) · purchase · Frandsen Bank and Trust
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $125K (50%)
- Approval → funding
- 12 days
- Approved
- 12/22/2021
- First disbursed
- 1/3/2022
- Loan status
- Paid in full (9/30/2023)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $2,682
- Annual debt service
- $32K
- Cash flow needed (1.25×)
- $40K
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 Frandsen Bank and Trust · Lender record →
Your business? Claim this record · Request removal
- JACOBS TRUCKING COMPANY LLC in Apple Valley, MN — $1.3M (2021) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.2M (90%)
- Approval → funding
- 3 days
- Approved
- 9/27/2021
- First disbursed
- 9/30/2021
- 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
- 2
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $145K
- Est. cash at closing
- $199K
- Monthly payment
- $14,044
- Annual debt service
- $169K
- Cash flow needed (1.25×)
- $211K
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
- TEPA Inc. in Minneapolis, MN — $1.1M (2021) · purchase · VisionBank
- Program
- 7a General
- Rate at approval
- 4.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $992K (90%)
- Approval → funding
- 7 days
- Approved
- 5/25/2021
- First disbursed
- 6/1/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $1.2M
- Est. down payment (10%)
- $123K
- Est. cash at closing
- $168K
- Monthly payment
- $11,426
- Annual debt service
- $137K
- Cash flow needed (1.25×)
- $171K
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 VisionBank · Lender record →
Your business? Claim this record · Request removal
- GRANSIR LOGISTICS INC in Cedar, MN — $967K (2021) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $870K (90%)
- Approval → funding
- 7 days
- Approved
- 9/7/2021
- First disbursed
- 9/14/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $107K
- Est. cash at closing
- $147K
- Monthly payment
- $10,497
- Annual debt service
- $126K
- Cash flow needed (1.25×)
- $157K
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
- B&A Delivery Inc in Zimmerman, MN — $766K (2021) · purchase · VisionBank
- Program
- 7a General
- Rate at approval
- 4.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $689K (90%)
- Approval → funding
- 28 days
- Approved
- 8/25/2021
- First disbursed
- 9/22/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $851K
- Est. down payment (10%)
- $85K
- Est. cash at closing
- $117K
- Monthly payment
- $7,939
- Annual debt service
- $95K
- Cash flow needed (1.25×)
- $119K
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 VisionBank · Lender record →
Your business? Claim this record · Request removal
- HERK BUSINESS GROUP INC in Eagan, MN — $673K (2021) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $505K (75%)
- Approval → funding
- 7 days
- Approved
- 12/8/2020
- First disbursed
- 12/15/2020
- Loan status
- Paid in full (7/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $748K
- Est. down payment (10%)
- $75K
- Est. cash at closing
- $100K
- Monthly payment
- $7,223
- Annual debt service
- $87K
- Cash flow needed (1.25×)
- $108K
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
- GRANSIR LOGISTICS INC in Cedar, MN — $100K (2021) · purchase · BankVista
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $75K (75%)
- Approval → funding
- 9 days
- Approved
- 9/7/2021
- First disbursed
- 9/16/2021
- Loan status
- Paid in full (1/31/2026)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,085
- Annual debt service
- $13K
- Cash flow needed (1.25×)
- $16K
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
- Clearview Delivery, Inc in Long Lake, MN — $1.9M (2020) · purchase · Wells Fargo Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 3.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approval → funding
- 3 days
- Approved
- 4/21/2020
- First disbursed
- 4/24/2020
- Loan status
- Paid in full (6/30/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 17
- Business age
- Change of Ownership
- Industry
- General Freight Trucking, Local
If you were the buyer here
- Est. deal size
- $2.1M
- Est. down payment (10%)
- $213K
- Est. cash at closing
- $293K
- Monthly payment
- $18,925
- Annual debt service
- $227K
- Cash flow needed (1.25×)
- $284K
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 Wells Fargo Bank National Association · Lender record →
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 general freight trucking, local businesses with a Minnesota project address.
Agent summary
How to finance a general freight trucking, local 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.
- $346K typical loan
- 6 lenders active in Minnesota
- 12+ funded Minnesota deals
- 7 days typical to fund
Buyers buying a general freight trucking, local 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: