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African Development Center — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for African Development Center.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$3.7M

across all programs

Avg loan size

$207K

median $241K

Top industry

Full-Service Restaurants

4 loans · 22%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$3.7M

Avg size

$207K

Range

$50K – $350K

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Full-Service Restaurants

Beer, Wine, and Liquor Retailers

Convenience Stores

Administrative Management and General Management Consulting Services

All Other Outpatient Care Centers

Beauty Salons

Loan records · African Development Center

18 records

Sort:

Borrower

Location

Program

Industry

Glenwood Real Estate Group LLC African Development Center

Minneapolis, MN

55405

$350,000

$70K

7(a)

Full-Service Restaurants

2025-01-31

Missy Hope Inc.African Development Center

Minneapolis, MN

55428

$350,000

$50K

7(a)

Beer, Wine, and Liquor Retailers

2023-09-16

Lovejoy's Bloody Mary Mix Inc African Development Center

Saint Paul, MN

55113

$350,000

$58K

7(a)

Fruit and Vegetable Canning

2023-03-28

Willmar Child Care Center L.L.C.African Development Center

Willmar, MN

56201

$250,000

$15K

7(a)

Child Day Care Services

2018-12-07

Minnesota Ice Sculptures L. L. C.African Development Center

Saint Paul, MN

55104

$250,000

$13K

7(a)

Ice Manufacturing

2021-06-15

The Park Liquor Outlet Corp African Development Center

Minneapolis, MN

55429

$250,000

$42K

7(a)

Beer, Wine, and Liquor Retailers

2022-04-27

Brix Grocery & Meat, Inc.African Development Center

Minneapolis, MN

55411

$250,000

$63K

7(a)

Convenience Stores

2019-10-16

Suleiman Mohamed Isse African Development Center

Minneapolis, MN

55404

$250,000

$250K

7(a)

Offices of Mental Health Practitioners (except Physicians)

2021-01-12

Jambo Africa, Inc African Development Center

Minneapolis, MN

55430

$250,000

$31K

7(a)

Full-Service Restaurants

2017-12-20

Sodere Ethiopian Restaurant and Bar L.L.C.African Development Center

Eagan, MN

55122

$231,200

$39K

7(a)

Full-Service Restaurants

2021-10-27

Strong Tower Health LLC African Development Center

Saint Paul, MN

55106

$220,000

$16K

7(a)

All Other Outpatient Care Centers

2018-10-09

Bismillah Grocery Store LLC African Development Center

Minneapolis, MN

55407

$150,000

$25K

7(a)

Convenience Stores

2018-11-09

Ever-Care Orthotics & Prosthetics LLC African Development Center

Minneapolis, MN

55423

$140,000

$35K

7(a)

Offices of Physicians (except Mental Health Specialists)

2020-05-20

Hajis Towing Service LLC African Development Center

Minneapolis, MN

55407

$130,000

$33K

7(a)

Motor Vehicle Towing

2019-07-17

UPTOWN CURL LLC African Development Center

Minneapolis, MN

55405

$100,000

$8K

7(a)

Beauty Salons

2018-09-20

Brittany M. Lewis African Development Center

Minneapolis, MN

55411

$100,000

$50K

7(a)

Bed-and-Breakfast Inns

2019-09-12

Adama Restaurant, Inc African Development Center

Minneapolis, MN

55421

$50,000

$8K

7(a)

Full-Service Restaurants

2017-09-13

Pinnacle Consulting Solutions LLC African Development Center

Eden Prairie, MN

55347

$50,000

$7K

7(a)

Administrative Management and General Management Consulting Services

2017-08-28

Glenwood Real Estate Group LLC

Minneapolis, MN · 55405

$350,000

7(a)

African Development Center$70K/job · 2025-01-31

Missy Hope Inc.

Minneapolis, MN · 55428

$350,000

7(a)

African Development Center$50K/job · 2023-09-16

Lovejoy's Bloody Mary Mix Inc

Saint Paul, MN · 55113

$350,000

7(a)

African Development Center$58K/job · 2023-03-28

Willmar Child Care Center L.L.C.

Willmar, MN · 56201

$250,000

7(a)

African Development Center$15K/job · 2018-12-07

Minnesota Ice Sculptures L. L. C.

Saint Paul, MN · 55104

$250,000

7(a)

African Development Center$13K/job · 2021-06-15

The Park Liquor Outlet Corp

Minneapolis, MN · 55429

$250,000

7(a)

African Development Center$42K/job · 2022-04-27

Brix Grocery & Meat, Inc.

Minneapolis, MN · 55411

$250,000

7(a)

African Development Center$63K/job · 2019-10-16

Suleiman Mohamed Isse

Minneapolis, MN · 55404

$250,000

7(a)

African Development Center$250K/job · 2021-01-12

Jambo Africa, Inc

Minneapolis, MN · 55430

$250,000

7(a)

African Development Center$31K/job · 2017-12-20

Sodere Ethiopian Restaurant and Bar L.L.C.

Eagan, MN · 55122

$231,200

7(a)

African Development Center$39K/job · 2021-10-27

Strong Tower Health LLC

Saint Paul, MN · 55106

$220,000

7(a)

African Development Center$16K/job · 2018-10-09

Bismillah Grocery Store LLC

Minneapolis, MN · 55407

$150,000

7(a)

African Development Center$25K/job · 2018-11-09

Ever-Care Orthotics & Prosthetics LLC

Minneapolis, MN · 55423

$140,000

7(a)

African Development Center$35K/job · 2020-05-20

Hajis Towing Service LLC

Minneapolis, MN · 55407

$130,000

7(a)

African Development Center$33K/job · 2019-07-17

UPTOWN CURL LLC

Minneapolis, MN · 55405

$100,000

7(a)

African Development Center$8K/job · 2018-09-20

Brittany M. Lewis

Minneapolis, MN · 55411

$100,000

7(a)

African Development Center$50K/job · 2019-09-12

Adama Restaurant, Inc

Minneapolis, MN · 55421

$50,000

7(a)

African Development Center$8K/job · 2017-09-13

Pinnacle Consulting Solutions LLC

Eden Prairie, MN · 55347

$50,000

7(a)

African Development Center$7K/job · 2017-08-28

1–18 of 18

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Where African Development Center lends

APPROVAL CONCENTRATION

TOP STATES