Lender intelligence
Financing a musical instrument and supplies stores acquisition in Minnesota
The SBA 7(a) lenders funding the most musical instrument and supplies 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 musical instrument and supplies stores · Minnesota
Ranked by funded musical instrument and supplies 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 →
1+ funded Musical Instrument and Supplies 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.
- Total Music Systems, Inc. in Minneapolis, MN — $229K (2021) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $206K (90%)
- Approval → funding
- 7 days
- Approved
- 6/15/2021
- First disbursed
- 6/22/2021
- 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
- Musical Instrument and Supplies Stores
If you were the buyer here
- Est. deal size
- $254K
- Est. down payment (10%)
- $25K
- Est. cash at closing
- $34K
- Monthly payment
- $2,539
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $38K
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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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to musical instrument and supplies stores businesses with a Minnesota project address.
Agent summary
How to finance a musical instrument and supplies 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.
- $524K typical loan
- 1 lenders active in Minnesota
- 1+ funded Minnesota deals
- 7 days typical to fund
Buyers buying a musical instrument and supplies 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 2026-06-16.