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Initiative Foundation
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Public profile — unclaimed
Initiative Foundation — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Initiative Foundation.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
8
2010 – 2025
Approved $
$1.2M
across all programs
Avg loan size
$150K
median $138K
Top industry
All Other Health and Personal Care Stores
1 loans · 13%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
8
Approved
$1.2M
Avg size
$150K
Range
$47K – $250K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
All Other Health and Personal Care Stores
1
All Other Miscellaneous Electrical Equipment and Component Manufacturing
1
All Other Miscellaneous Fabricated Metal Product Manufacturing
1
All Other Rubber Product Manufacturing
1
Motor Vehicle Parts (Used) Merchant Wholesalers
1
Other Miscellaneous Durable Goods Merchant Wholesalers
1
Loan records · Initiative Foundation
8 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Orluck Industries, Inc.
Initiative Foundation
Elk River, MN
55330
$250,000
$5K
7(a)
All Other Miscellaneous Fabricated Metal Product Manufacturing
2018-07-30
Plug Technologies, Inc.
Initiative Foundation
Rockford, MN
55373
$235,000
$29K
7(a)
All Other Rubber Product Manufacturing
2013-03-05
EZ Electrical System Solutions, LLC
Initiative Foundation
Pine City, MN
55063
$150,000
$38K
7(a)
All Other Miscellaneous Electrical Equipment and Component Manufacturing
2018-07-30
BATTERY WHOLESALE INCORPORATED
Initiative Foundation
Saint Joseph, MN
56374
$150,000
$9K
7(a)
Other Miscellaneous Durable Goods Merchant Wholesalers
2014-01-02
Automotive Parts Solutions
Initiative Foundation
Rockville, MN
56369
$125,000
$21K
7(a)
Motor Vehicle Parts (Used) Merchant Wholesalers
2012-08-27
Midwest Processors LLC
Initiative Foundation
Pierz, MN
56364
$125,000
$13K
7(a)
Soybean and Other Oilseed Processing
2018-09-28
HealthNorth Medical Supply Company
Initiative Foundation
Sartell, MN
56377
$115,000
$19K
7(a)
All Other Health and Personal Care Stores
2012-04-11
D & G Tire Recycling LLC
Initiative Foundation
Stacy, MN
55079
$46,800
$16K
7(a)
Recyclable Material Merchant Wholesalers
2018-10-09
Orluck Industries, Inc.
Elk River, MN · 55330
$250,000
7(a)
Initiative Foundation
$5K/job · 2018-07-30
Plug Technologies, Inc.
Rockford, MN · 55373
$235,000
7(a)
Initiative Foundation
$29K/job · 2013-03-05
EZ Electrical System Solutions, LLC
Pine City, MN · 55063
$150,000
7(a)
Initiative Foundation
$38K/job · 2018-07-30
BATTERY WHOLESALE INCORPORATED
Saint Joseph, MN · 56374
$150,000
7(a)
Initiative Foundation
$9K/job · 2014-01-02
Automotive Parts Solutions
Rockville, MN · 56369
$125,000
7(a)
Initiative Foundation
$21K/job · 2012-08-27
Midwest Processors LLC
Pierz, MN · 56364
$125,000
7(a)
Initiative Foundation
$13K/job · 2018-09-28
HealthNorth Medical Supply Company
Sartell, MN · 56377
$115,000
7(a)
Initiative Foundation
$19K/job · 2012-04-11
D & G Tire Recycling LLC
Stacy, MN · 55079
$46,800
7(a)
Initiative Foundation
$16K/job · 2018-10-09
1–8 of 8
Page 1 of 1
Where Initiative Foundation lends
APPROVAL CONCENTRATION
TOP STATES
MN
8