Lender intelligence
Financing a household appliances, electric housewares, and consumer elec acquisition in Minnesota
The SBA 7(a) lenders funding the most household appliances, electric housewares, and consumer elec 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 household appliances, electric housewares, and consumer elec · Minnesota
Ranked by funded household appliances, electric housewares, and consumer elec acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.15 loans · $14M · Oakdale, MNFull record →
- 2.12 loans · $3M · Loretto, MNFull record →
3+ funded Household Appliances, Electric Housewares, and Consumer Elec 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.
- S&A Wiese Supply LLC in Shakopee, MN — $2.4M (2025) · purchase · Platinum Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 12 days
- Approved
- 11/6/2024
- First disbursed
- 11/18/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Household Appliances, Electric Housewares, and Consumer Elec
If you were the buyer here
- Est. deal size
- $2.6M
- Est. down payment (10%)
- $261K
- Est. cash at closing
- $360K
- Monthly payment
- $28,536
- Annual debt service
- $342K
- Cash flow needed (1.25×)
- $428K
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 Platinum Bank · Lender record →
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- S&A Wiese Supply LLC in Shakopee, MN — $250K (2025) · purchase · Platinum Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $125K (50%)
- Approval → funding
- 11 days
- Approved
- 11/7/2024
- First disbursed
- 11/18/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Household Appliances, Electric Housewares, and Consumer Elec
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $3,033
- Annual debt service
- $36K
- Cash flow needed (1.25×)
- $45K
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 Platinum Bank · Lender record →
Your business? Claim this record · Request removal
- Singman, Inc. in Lino Lakes, MN — $1.4M (2022) · purchase · 21st Century Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% fixed
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 22 days
- Approved
- 6/8/2022
- First disbursed
- 6/30/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Household Appliances, Electric Housewares, and Consumer Elec
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $161K
- Est. cash at closing
- $221K
- Monthly payment
- $11,656
- Annual debt service
- $140K
- Cash flow needed (1.25×)
- $175K
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 21st Century Bank · 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 household appliances, electric housewares, and consumer elec businesses with a Minnesota project address.
Agent summary
How to finance a household appliances, electric housewares, and consumer elec 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. Platinum Bank funds the most here. DealRoom is not a lender.
- $586K typical loan
- 2 lenders active in Minnesota
- 3+ funded Minnesota deals
- 12 days typical to fund
Buyers buying a household appliances, electric housewares, and consumer elec 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.