Lender intelligence
Financing a shoe retailers acquisition in Minnesota
The SBA 7(a) lenders funding the most shoe retailers 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 shoe retailers · Minnesota
Ranked by funded shoe retailers acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2 loans · $1M · Iowa City, IAFull record →
- 2.33 loans · $15M · Minneapolis, MNFull record →
5+ funded Shoe Retailers 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.
- KD SOLE ENDEAVORS LLC in Rochester, MN — $880K (2025) · purchase · CRF Small Business Loan Company, LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $660K (75%)
- Approval → funding
- 24 days
- Approved
- 3/25/2025
- First disbursed
- 4/18/2025
- 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
- Shoe Retailers
If you were the buyer here
- Est. deal size
- $978K
- Est. down payment (10%)
- $98K
- Est. cash at closing
- $134K
- Monthly payment
- $11,751
- Annual debt service
- $141K
- Cash flow needed (1.25×)
- $176K
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 CRF Small Business Loan Company, LLC · Lender record →
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- Knollwood Kicks, Inc. in Minneapolis, MN — $1.7M (2024) · purchase · Farmers and Merchants Savings Bank
- Program
- 7a General
- Rate at approval
- 9.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 41 days
- Approved
- 12/6/2023
- First disbursed
- 1/16/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Shoe Retailers
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $194K
- Est. cash at closing
- $267K
- Monthly payment
- $22,575
- Annual debt service
- $271K
- Cash flow needed (1.25×)
- $339K
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 Farmers and Merchants Savings Bank · Lender record →
Your business? Claim this record · Request removal
- Nelson Shoes, Inc. in Saint Cloud, MN — $1.4M (2024) · purchase · Farmers and Merchants Savings Bank
- Program
- 7a General
- Rate at approval
- 9.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approval → funding
- 29 days
- Approved
- 1/10/2024
- First disbursed
- 2/8/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Shoe Retailers
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $154K
- Est. cash at closing
- $211K
- Monthly payment
- $17,922
- Annual debt service
- $215K
- Cash flow needed (1.25×)
- $269K
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 Farmers and Merchants Savings Bank · Lender record →
Your business? Claim this record · Request removal
- Maaeka V LLC in Ellendale, MN — $1.0M (2024) · purchase · Arcadian Bank
- Program
- 7a General
- Rate at approval
- 7.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $750K (75%)
- Approval → funding
- 35 days
- Approved
- 9/27/2024
- First disbursed
- 11/1/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 13
- Business age
- Change of Ownership
- Industry
- Shoe Retailers
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $111K
- Est. cash at closing
- $152K
- Monthly payment
- $11,870
- Annual debt service
- $142K
- Cash flow needed (1.25×)
- $178K
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 Arcadian Bank
Your business? Claim this record · Request removal
- Nelson Shoes, Inc. in Saint Cloud, MN — $100K (2024) · purchase · Farmers and Merchants Savings Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 36 mo (3 yrs)
- SBA guaranteed
- $75K (75%)
- Approval → funding
- 30 days
- Approved
- 1/9/2024
- First disbursed
- 2/8/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Shoe Retailers
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $3,203
- Annual debt service
- $38K
- Cash flow needed (1.25×)
- $48K
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 Farmers and Merchants Savings 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 shoe retailers businesses with a Minnesota project address.
Agent summary
How to finance a shoe retailers 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. Farmers and Merchants Savings Bank funds the most here. DealRoom is not a lender.
- $422K typical loan
- 3 lenders active in Minnesota
- 5+ funded Minnesota deals
- 30 days typical to fund
Buyers buying a shoe retailers 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:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.