SBA lending record
5 SPICE, INC.
12555 Ulysses Street NE #150, Blaine, MN 55434 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$50K
Total SBA financing
1
Loan on record
FY2024
On record
—
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$50,000 — FY2024
- Gross approval
- $50,000
- SBA guaranteed
- $42,500 (85%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11.25% v
- Term
- 107 mo (9 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/10/2024
- First disbursement
- 2/16/2024
- Days to fund
- 6 days
- Collateral
- None
- Sold on secondary market
- Yes
- Business type
- Individual
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
- NAICS code
- 722511
- Lender
- Northeast Bank
- Address
- 12555 Ulysses Street NE #150
- City
- Blaine, 55434
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
The lender
Find SBA lenders for businesses like this
The banks most active funding full-service restaurants — by location, industry.
Similar businesses
Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
5 spice
Blaine, MN· ~0 mi
Full-Service Restaurants
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
YELLOW LANTERN LLC
Minneapolis, MN· ~15 mi
Full-Service Restaurants
- $50K
- SBA financing
- ≈ $97K–$162K
- Est. revenue (rough)
lol kitchen LLC
Minneapolis, MN· ~14 mi
Full-Service Restaurants
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
AMBI WINE BAR LLC
Anoka, MN· ~7 mi
Full-Service Restaurants
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
El Taco Loco LLC
Minneapolis, MN· ~11 mi
Full-Service Restaurants
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
IDEAL DINER LLC
Minneapolis, MN· ~14 mi
Full-Service Restaurants
- $45K
- SBA financing
- ≈ $88K–$147K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for 5 SPICE, INC. in Blaine, MN (Full-Service Restaurants). 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 $50K
- On record FY2024
- Industry: Full-Service Restaurants
- Location: Blaine, MN
- Lender: Northeast Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MN for ~$50k 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.
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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 5 SPICE, INC..