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Freeport State Bank
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Public profile — unclaimed
Freeport State Bank — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Freeport State Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
84
2010 – 2025
Approved $
$15.2M
across all programs
Avg loan size
$181K
median $100K
Top industry
"General Freight Trucking, Long-Distance, Truckload"
8 loans · 10%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
84
Approved
$15.2M
Avg size
$181K
Range
$5K – $860K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
"General Freight Trucking, Long-Distance, Truckload"
8
Mobile Food Services
8
Other Miscellaneous Durable Goods Merchant Wholesalers
8
"General Freight Trucking, Local"
6
Boat Dealers
4
Electrical Contractors
3
Loan records · Freeport State Bank
84 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Finken Inc.
Freeport State Bank
Saint Cloud, MN
56302
$860,000
$25K
7(a)
Other Miscellaneous Durable Goods Merchant Wholesalers
2008-09-26
MELROSE ELECTRIC, INC
Freeport State Bank
Melrose, MN
56352
$850,000
$17K
7(a)
Electrical Contractors
2009-11-02
TOTAL EXPRESS OF MELROSE, INC.
Freeport State Bank
Melrose, MN
56352
$812,000
—
7(a)
Gasoline Stations with Convenience Stores
2005-04-08
Finken Water Inc
Freeport State Bank
Baxter, MN
56425
$725,000
$725K
7(a)
Other Miscellaneous Durable Goods Merchant Wholesalers
2020-07-07
Boomerang Marine and Powersports, Incorporated
Freeport State Bank
Melrose, MN
56352
$645,000
$129K
7(a)
Motorcycle Dealers
2007-05-14
Melrose Metalworks, Inc
Freeport State Bank
Melrose, MN
56352
$641,500
—
7(a)
Rolling Mill Machinery and Equipment Manufacturing
2005-06-08
Finken Inc.
Freeport State Bank
St Cloud, MN
56302
$600,000
—
7(a)
Other Miscellaneous Durable Goods Merchant Wholesalers
2006-07-27
BOOMERANG MARINE AND POWERSPORTS, INCORPORATED
Freeport State Bank
Melrose, MN
56352
$500,000
$100K
7(a)
Boat Dealers
2016-07-18
Warrior Boats, Inc.
Freeport State Bank
Melrose, MN
56352
$500,000
$100K
7(a)
Boat Building
2012-01-24
Boomerang Marine and Powersports, Incorporated
Freeport State Bank
Melrose, MN
56352
$500,000
$100K
7(a)
Other Gasoline Stations
2010-09-30
CONCEPT PROCESSING, LLC.
Freeport State Bank
Melrose, MN
56352
$417,000
$209K
7(a)
Dairy Product (except Dried or Canned) Merchant Wholesalers
2011-01-20
Melrose Metalworks, Inc
Freeport State Bank
Melrose, MN
56353
$410,000
$13K
7(a)
Fabricated Structural Metal Manufacturing
2010-05-25
Melrose Metalworks, Inc
Freeport State Bank
Melrose, MN
56352
$350,000
$11K
7(a)
Cutting Tool and Machine Tool Accessory Manufacturing
2009-03-04
KLAPHAKE CONSTRUCTION INC
Freeport State Bank
Waite Park, MN
56387
$300,000
$10K
7(a)
Industrial Building Construction
2005-04-06
Boomerang Marine and Powersports, Incorporated
Freeport State Bank
Melrose, MN
56352
$300,000
—
7(a)
Boat Dealers
2016-09-14
Finken Inc.
Freeport State Bank
Saint Joseph, MN
56374
$260,000
$12K
7(a)
Other Miscellaneous Durable Goods Merchant Wholesalers
2018-10-30
Ag Resource Consulting Inc.
Freeport State Bank
Albany, MN
56307
$257,300
$257K
7(a)
Farm Management Services
2012-05-08
Melrose Metalworks, Inc
Freeport State Bank
Melrose, MN
56352
$255,000
$51K
7(a)
Machine Shops
2011-05-16
ETTEL TRANSPORTATION
Freeport State Bank
Melrose, MN
56352
$250,000
$18K
7(a)
"General Freight Trucking, Local"
2004-10-13
Freeport Electric, Inc.
Freeport State Bank
Freeport, MN
56331
$250,000
$36K
7(a)
Electrical Contractors
2014-11-18
Melrose Metalworks, Inc
Freeport State Bank
Melrose, MN
56352
$243,500
$6K
7(a)
All Other Miscellaneous Fabricated Metal Product Manufacturing
2012-11-05
ML Consulting LLC
Freeport State Bank
Saint Cloud, MN
56301
$240,000
$60K
7(a)
Services for the Elderly and Persons with Disabilities
2012-12-22
Maria D. Martinez
Freeport State Bank
Melrose, MN
56352
$237,100
$237K
7(a)
Meat Markets
2007-09-10
Boomerang Marine and Powersports, Incorporated
Freeport State Bank
Melrose, MN
16352
$215,000
$43K
7(a)
Motorcycle Dealers
2007-05-14
Dairy Direct Sales and Service, LLC
Freeport State Bank
Sauk Centre, MN
56378
$200,000
$100K
7(a)
Service Establishment Equipment and Supplies Merchant Wholesalers
2011-09-22
Finken Inc.
Saint Cloud, MN · 56302
$860,000
7(a)
Freeport State Bank
$25K/job · 2008-09-26
MELROSE ELECTRIC, INC
Melrose, MN · 56352
$850,000
7(a)
Freeport State Bank
$17K/job · 2009-11-02
TOTAL EXPRESS OF MELROSE, INC.
Melrose, MN · 56352
$812,000
7(a)
Freeport State Bank
2005-04-08
Finken Water Inc
Baxter, MN · 56425
$725,000
7(a)
Freeport State Bank
$725K/job · 2020-07-07
Boomerang Marine and Powersports, Incorporated
Melrose, MN · 56352
$645,000
7(a)
Freeport State Bank
$129K/job · 2007-05-14
Melrose Metalworks, Inc
Melrose, MN · 56352
$641,500
7(a)
Freeport State Bank
2005-06-08
Finken Inc.
St Cloud, MN · 56302
$600,000
7(a)
Freeport State Bank
2006-07-27
BOOMERANG MARINE AND POWERSPORTS, INCORPORATED
Melrose, MN · 56352
$500,000
7(a)
Freeport State Bank
$100K/job · 2016-07-18
Warrior Boats, Inc.
Melrose, MN · 56352
$500,000
7(a)
Freeport State Bank
$100K/job · 2012-01-24
Boomerang Marine and Powersports, Incorporated
Melrose, MN · 56352
$500,000
7(a)
Freeport State Bank
$100K/job · 2010-09-30
CONCEPT PROCESSING, LLC.
Melrose, MN · 56352
$417,000
7(a)
Freeport State Bank
$209K/job · 2011-01-20
Melrose Metalworks, Inc
Melrose, MN · 56353
$410,000
7(a)
Freeport State Bank
$13K/job · 2010-05-25
Melrose Metalworks, Inc
Melrose, MN · 56352
$350,000
7(a)
Freeport State Bank
$11K/job · 2009-03-04
KLAPHAKE CONSTRUCTION INC
Waite Park, MN · 56387
$300,000
7(a)
Freeport State Bank
$10K/job · 2005-04-06
Boomerang Marine and Powersports, Incorporated
Melrose, MN · 56352
$300,000
7(a)
Freeport State Bank
2016-09-14
Finken Inc.
Saint Joseph, MN · 56374
$260,000
7(a)
Freeport State Bank
$12K/job · 2018-10-30
Ag Resource Consulting Inc.
Albany, MN · 56307
$257,300
7(a)
Freeport State Bank
$257K/job · 2012-05-08
Melrose Metalworks, Inc
Melrose, MN · 56352
$255,000
7(a)
Freeport State Bank
$51K/job · 2011-05-16
ETTEL TRANSPORTATION
Melrose, MN · 56352
$250,000
7(a)
Freeport State Bank
$18K/job · 2004-10-13
Freeport Electric, Inc.
Freeport, MN · 56331
$250,000
7(a)
Freeport State Bank
$36K/job · 2014-11-18
Melrose Metalworks, Inc
Melrose, MN · 56352
$243,500
7(a)
Freeport State Bank
$6K/job · 2012-11-05
ML Consulting LLC
Saint Cloud, MN · 56301
$240,000
7(a)
Freeport State Bank
$60K/job · 2012-12-22
Maria D. Martinez
Melrose, MN · 56352
$237,100
7(a)
Freeport State Bank
$237K/job · 2007-09-10
Boomerang Marine and Powersports, Incorporated
Melrose, MN · 16352
$215,000
7(a)
Freeport State Bank
$43K/job · 2007-05-14
Dairy Direct Sales and Service, LLC
Sauk Centre, MN · 56378
$200,000
7(a)
Freeport State Bank
$100K/job · 2011-09-22
1–25 of 84
Page 1 of 4
Where Freeport State Bank lends
APPROVAL CONCENTRATION
TOP STATES
MN
84