SBA lending record

505 PROPERTIES LLC

2800 Stevens Ave SE, Minneapolis, MN 55404 · Residential Property Managers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$604K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$603,500 — FY2023

Gross approval: $603,500
SBA guaranteed: $452,625 (75%)
Status: Current
Rate at approval: 10.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/30/2023
First disbursement: 10/4/2023
Days to fund: 4 days
Collateral: Required
Jobs supported: 15
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Residential Property Managers
NAICS code: 531311
Lender: First Bank & Trust
Address: 2800 Stevens Ave SE
City: Minneapolis, 55404
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 5

The lender

First Bank & Trust

1 loan to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding residential property managers — by location, industry.

SBA lenders in Minnesota Lenders for residential property managers Residential Property Managers lenders in Minnesota

Similar businesses

Comparable residential property managers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Fleetham Advantage Inc.

Roseville, MN· ~5 mi

Residential Property Managers

$915K
SBA financing: ≈ $1.8M–$3.0M
Est. revenue (rough)

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WILLIAM ROBERT INCORPORATED

Edina, MN· ~6 mi

Residential Property Managers

$872K
SBA financing: ≈ $1.7M–$2.8M
Est. revenue (rough)

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Athiri LLC

Minneapolis, MN· ~2 mi

Real Property Management

$295K
SBA financing: ≈ $578K–$964K
Est. revenue (rough)

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EXCLUSIVE PROPERTY MANAGEMENT INC.

Woodbury, MN· ~14 mi

Residential Property Managers

$1.0M
SBA financing: ≈ $2.0M–$3.4M
Est. revenue (rough)

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Active Property Management Corp

Saint Paul, MN· ~12 mi

Residential Property Managers

$248K
SBA financing: ≈ $485K–$809K
Est. revenue (rough)

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Steady Management LLC

Wayzata, MN· ~13 mi

Residential Property Managers

$175K
SBA financing: ≈ $343K–$572K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for 505 PROPERTIES LLC in Minneapolis, MN (Residential Property Managers). 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 $604K
On record FY2023
15 jobs supported
Industry: Residential Property Managers
Location: Minneapolis, MN
Lender: First Bank & Trust

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Residential Property Managers businesses in MN for ~$604k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/505-properties-llc-mn
API:: https://www.capbench.com/api/public/businesses/505-properties-llc-mn
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 505 PROPERTIES LLC.