Lender intelligence
Financing a other direct selling establishments acquisition in Minnesota
The SBA 7(a) lenders funding the most other direct selling establishments 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 other direct selling establishments · Minnesota
Ranked by funded other direct selling establishments acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public other direct selling establishments loan history in Minnesota to rank lenders yet. See other direct selling establishments lenders nationwide →
6+ funded Other Direct Selling Establishments 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.
- Engelkes LLC in Tracy, MN — $1.3M (2021) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $1.1M (90%)
- Approval → funding
- 10 days
- Approved
- 2/8/2021
- First disbursed
- 2/18/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Other Direct Selling Establishments
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $141K
- Est. cash at closing
- $193K
- Monthly payment
- $18,065
- Annual debt service
- $217K
- Cash flow needed (1.25×)
- $271K
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
- Engelkes LLC in Tracy, MN — $150K (2021) · purchase · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $113K (75%)
- Approval → funding
- 10 days
- Approved
- 2/8/2021
- First disbursed
- 2/18/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Other Direct Selling Establishments
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $1,609
- Annual debt service
- $19K
- Cash flow needed (1.25×)
- $24K
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
- Engelkes LLC in Tracy, MN — $50K (2021) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $45K (90%)
- Approval → funding
- 10 days
- Approved
- 2/8/2021
- First disbursed
- 2/18/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Other Direct Selling Establishments
If you were the buyer here
- Est. deal size
- $56K
- Est. down payment (10%)
- $6K
- Est. cash at closing
- $7K
- Monthly payment
- $713
- Annual debt service
- $9K
- Cash flow needed (1.25×)
- $11K
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
- 8TH AVE HOLDINGS INC in Chaska, MN — $602K (2020) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $451K (75%)
- Approved
- 5/7/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Other Direct Selling Establishments
If you were the buyer here
- Est. deal size
- $669K
- Est. down payment (10%)
- $67K
- Est. cash at closing
- $89K
- Monthly payment
- $6,530
- Annual debt service
- $78K
- Cash flow needed (1.25×)
- $98K
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
- 8TH AVE HOLDINGS INC in Chaska, MN — $602K (2020) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $451K (75%)
- Approval → funding
- 53 days
- Approved
- 5/8/2020
- First disbursed
- 6/30/2020
- Loan status
- Paid in full (12/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Other Direct Selling Establishments
If you were the buyer here
- Est. deal size
- $669K
- Est. down payment (10%)
- $67K
- Est. cash at closing
- $89K
- Monthly payment
- $6,530
- Annual debt service
- $78K
- Cash flow needed (1.25×)
- $98K
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
- 8TH AVE HOLDINGS INC in Chaska, MN — $100K (2020) · purchase · BankVista
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approved
- 5/8/2020
- Loan status
- Cancelled
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Other Direct Selling Establishments
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,110
- Annual debt service
- $13K
- Cash flow needed (1.25×)
- $17K
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
Financing a other direct selling establishments deal in Minnesota? Start with the right lender
We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to other direct selling establishments businesses with a Minnesota project address.
Agent summary
How to finance a other direct selling establishments 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. DealRoom is not a lender.
- $608K typical loan
- 2 lenders active in Minnesota
- 6+ funded Minnesota deals
- 10 days typical to fund
Buyers buying a other direct selling establishments 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: