SBA lending record
1023 Flats, LLC
1023 1ST AVE S, Fargo, ND 58103 · New Multifamily Housing Construction (except For-Sale Builde. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.9M
Total SBA financing
1
Loan on record
FY2021
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,872,000 — FY2021
- Gross approval
- $1,872,000
- SBA guaranteed
- $1,684,800 (90%)
- Status
- Paid in full
- Rate at approval
- 4.35% f
- Term
- 60 mo (5 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/19/2021
- First disbursement
- 5/19/2021
- Days to fund
- 0 days
- Paid in full
- 8/31/2021
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- New Multifamily Housing Construction (except For-Sale Builde
- NAICS code
- 236116
- Lender
- Red River State Bank
- Address
- 1023 1ST AVE S
- City
- Fargo, 58103
- County
- Cass
- SBA district office
- NORTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
The lender
Find SBA lenders for businesses like this
The banks most active funding new multifamily housing construction (except for-sale builde — by location, industry.
Similar businesses
Comparable new multifamily housing construction (except for-sale builde in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
ISR Homes Inc.
Moorhead, MN· ~3 mi
New Multifamily Housing Construction (except For-Sale Builde
- $1.3M
- SBA financing
- ≈ $2.5M–$4.1M
- Est. revenue (rough)
Diamond Construction of Fargo, LLC
Fargo, ND· ~5 mi
New Multifamily Housing Construction (except For-Sale Builde
- $436K
- SBA financing
- ≈ $855K–$1.4M
- Est. revenue (rough)
Generations on 1st LLC
Watertown, SD· ~137 mi
New Multifamily Housing Construction (except For-Sale Builde
- $1.6M
- SBA financing
- ≈ $3.1M–$5.1M
- Est. revenue (rough)
Parkside Place LLC
Watertown, SD· ~137 mi
New Multifamily Housing Construction (except For-Sale Builde
- $2.6M
- SBA financing
- ≈ $5.1M–$8.5M
- Est. revenue (rough)
Schilken Family Investments, LLC
Watertown, SD· ~136 mi
New Multifamily Housing Construction (except For-Sale Builde
- $3.3M
- SBA financing
- ≈ $6.5M–$11M
- Est. revenue (rough)
KZ Builder Bros LLC
Mentor, MN· ~66 mi
New Multifamily Housing Construction (except For-Sale Builde
- $20K
- SBA financing
- ≈ $39K–$65K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for 1023 Flats, LLC in Fargo, ND (New Multifamily Housing Construction (except For-Sale Builde). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $1.9M
- On record FY2021
- 1 jobs supported
- Industry: New Multifamily Housing Construction (except For-Sale Builde
- Location: Fargo, ND
- Lender: Red River State Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with New Multifamily Housing Construction (except For-Sale Builde businesses in ND for ~$1.9M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is 1023 Flats, LLC your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 1023 Flats, LLC.