Lender intelligence
Financing a supermarkets and other grocery retailers (except convenience acquisition in Minnesota
The SBA 7(a) lenders funding the most supermarkets and other grocery retailers (except convenience 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 supermarkets and other grocery retailers (except convenience · Minnesota
Ranked by funded supermarkets and other grocery retailers (except convenience acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.12 loans · $14M · Mobile, ALFull record →
- 2.42 loans · $48M · Los Angeles, CAFull record →
6+ funded Supermarkets and Other Grocery Retailers (except Convenience 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.
- Credence Holdings Coporation in Backus, MN — $3.5M (2026) · purchase · American National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.6M (75%)
- Approval → funding
- 18 days
- Approved
- 12/19/2025
- First disbursed
- 1/6/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery Retailers (except Convenience
If you were the buyer here
- Est. deal size
- $3.9M
- Est. down payment (10%)
- $386K
- Est. cash at closing
- $534K
- Monthly payment
- $41,275
- Annual debt service
- $495K
- Cash flow needed (1.25×)
- $619K
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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- Summit Pointe Heights LLC in Fridley, MN — $3.0M (2024) · purchase · 22nd State Bank, A Division of 22nd State Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 11.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.2M (75%)
- Approval → funding
- 20 days
- Approved
- 12/13/2023
- First disbursed
- 1/2/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 72
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery Retailers (except Convenience
If you were the buyer here
- Est. deal size
- $3.3M
- Est. down payment (10%)
- $333K
- Est. cash at closing
- $459K
- Monthly payment
- $30,443
- Annual debt service
- $365K
- Cash flow needed (1.25×)
- $457K
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 22nd State Bank, A Division of 22nd State Banking Company · Lender record →
Your business? Claim this record · Request removal
- DRAGON STAR ORIENTAL FOODS, INC. in Saint Paul, MN — $1.6M (2023) · purchase · Centerstone SBA Lending, Inc.
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 121 months
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 32 days
- Approved
- 4/20/2023
- First disbursed
- 5/22/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 80
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery Retailers (except Convenience
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $183K
- Est. cash at closing
- $251K
- Monthly payment
- $21,634
- Annual debt service
- $260K
- Cash flow needed (1.25×)
- $325K
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 Centerstone SBA Lending, Inc. · Lender record →
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- Carrier Foods, LLC in Hackensack, MN — $414K (2023) · purchase · National Bank of Commerce
- Program
- 7a General
- Rate at approval
- 7% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $311K (75%)
- Approval → funding
- 0 days
- Approved
- 6/8/2023
- First disbursed
- 6/8/2023
- Loan status
- Paid in full (6/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery Retailers (except Convenience
If you were the buyer here
- Est. deal size
- $460K
- Est. down payment (10%)
- $46K
- Est. cash at closing
- $62K
- Monthly payment
- $4,807
- Annual debt service
- $58K
- Cash flow needed (1.25×)
- $72K
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 National Bank of Commerce
Your business? Claim this record · Request removal
- Sustad Family Market LLC in Stephen, MN — $234K (2023) · purchase · KodaBank
- Program
- 7a General
- Rate at approval
- 8% variable
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $176K (75%)
- Approval → funding
- 9 days
- Approved
- 1/24/2023
- First disbursed
- 2/2/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery Retailers (except Convenience
If you were the buyer here
- Est. deal size
- $260K
- Est. down payment (10%)
- $26K
- Est. cash at closing
- $35K
- Monthly payment
- $1,957
- Annual debt service
- $23K
- Cash flow needed (1.25×)
- $29K
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 KodaBank
Your business? Claim this record · Request removal
- Sustad Family Market LLC in Stephen, MN — $209K (2023) · purchase · KodaBank
- Program
- 7a General
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $157K (75%)
- Approval → funding
- 7 days
- Approved
- 1/26/2023
- First disbursed
- 2/2/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery Retailers (except Convenience
If you were the buyer here
- Est. deal size
- $232K
- Est. down payment (10%)
- $23K
- Est. cash at closing
- $31K
- Monthly payment
- $2,533
- 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 KodaBank
Your business? Claim this record · Request removal
Financing a supermarkets and other grocery retailers (except convenience deal in Minnesota? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to supermarkets and other grocery retailers (except convenience businesses with a Minnesota project address.
Agent summary
How to finance a supermarkets and other grocery retailers (except convenience 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. 22nd State Bank, A Division of 22nd State Banking Company funds the most here. DealRoom is not a lender.
- $891K typical loan
- 5 lenders active in Minnesota
- 6+ funded Minnesota deals
- 18 days typical to fund
Buyers buying a supermarkets and other grocery retailers (except convenience 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.
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