Find Lenders
SBA 7(a)Active, details exempt

Dock and Door Tec., Inc.

ELK RIVER, MNFrandsen Bank and TrustCommercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
APPROVAL AMOUNT
$600,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-08
7% rate
JOBS SUPPORTED
32
Borrower-reported

Estimated monthly payment

MONTHLY
$6,967
AT RATE
7%
recorded at approval
TOTAL INTEREST
$235,981
over 10 yrs
TOTAL REPAID
$835,981

Computed from this loan's recorded initial rate and term. Most 7(a) rates are variable and reset with the base rate, so the real schedule drifts from this, and SBA guaranty fees and closing costs are not included. Adjust the assumptions.

Loan details & location

LOCATION
ELK RIVER, MN 55330
INDUSTRY
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
ELK RIVER, MN 55330

Other loans from this lender · Frandsen Bank and Trust

View all 901 loans from Frandsen Bank and Trust

Nearby loans · within 10 miles