SBA lending record

ADL Enterprises LLC

478 Water St, Excelsior, MN 55331 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$608K

Total SBA financing

Loans on record

FY2021–23

On record

Jobs supported

Franchise brand

Subway

See Subway's SBA financing data — typical deal, failure rate, and how its loans perform →

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

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All 2 loans

$375,000 — FY2023

Loan 1 of 2

Gross approval: $375,000
SBA guaranteed: $281,250 (75%)
Status: Delinquent
Rate at approval: 7.5% f
Term: 120 mo (10 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/14/2023
First disbursement: 6/30/2023
Days to fund: 16 days
Collateral: Required
Jobs supported: 15
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Limited-Service Restaurants
NAICS code: 722513
Franchise: Subway
Franchise code: S1639
Lender: Minnesota Lakes Bank
Address: 7836 Market Boulevard
City: Chanhassen, 55317
County: Carver
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

$232,800 — FY2021

Loan 2 of 2

Gross approval: $232,800
SBA guaranteed: $116,400 (50%)
Status: Delinquent
Rate at approval: 5.1% f
Term: 90 mo (8 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/22/2021
First disbursement: 8/6/2021
Days to fund: 15 days
Collateral: Required
Jobs supported: 14
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Limited-Service Restaurants
NAICS code: 722513
Franchise: Subway
Franchise code: S1639
Lender: Minnesota Lakes Bank
Address: 478 Water St
City: Excelsior, 55331
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

The lender

Minnesota Lakes Bank

2 loans to this business

Find SBA lenders for businesses like this

The banks most active funding limited-service restaurants — by location, industry, and brand.

SBA lenders in Minnesota Lenders for limited-service restaurants Limited-Service Restaurants lenders in Minnesota Subway lenders Subway lenders in Minnesota

Other Subway locations

Other Subway businesses in the public SBA record — closest first, by location and deal size.

UPNORTH EATS, INC.

Oak Park Heights, MN· ~38 mi

Subway

$925K
SBA financing: ≈ $1.8M–$3.0M
Est. revenue (rough)

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ARMSTRONG & SONS LLC

Bloomington, MN· ~13 mi

Subway

$2.1M
SBA financing: ≈ $4.1M–$6.9M
Est. revenue (rough)

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Subway

Glencoe, MN· ~29 mi

Subway

$1.8M
SBA financing: ≈ $3.5M–$5.8M
Est. revenue (rough)

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Happy Sandwich LLC

Saint Paul, MN· ~26 mi

Subway

$195K
SBA financing: ≈ $383K–$638K
Est. revenue (rough)

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Minea Entreprises INC

Minneapolis, MN· ~12 mi

Subway

$30K
SBA financing: ≈ $59K–$98K
Est. revenue (rough)

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Sub Ventures, Inc

Sioux Falls, SD· ~186 mi

Subway

$648K
SBA financing: ≈ $1.3M–$2.1M
Est. revenue (rough)

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Similar businesses

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

Nautical Bowls III LLC

Excelsior, MN· ~0 mi

Nautical Bowls

$385K
SBA financing: ≈ $755K–$1.3M
Est. revenue (rough)

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Meokja MN LLC

Eden Prairie, MN· ~7 mi

bb.q Chicken

$530K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

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NORTHERN BRANDS INC

Eden Prairie, MN· ~6 mi

Gina Maria's Pizza

$560K
SBA financing: ≈ $1.1M–$1.8M
Est. revenue (rough)

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HummBerdee LLC

Wayzata, MN· ~5 mi

Toastique

$876K
SBA financing: ≈ $1.7M–$2.9M
Est. revenue (rough)

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CAMPUS LUNCH MONEY LLC

Plymouth, MN· ~10 mi

Jimmy John's

$460K
SBA financing: ≈ $902K–$1.5M
Est. revenue (rough)

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Found Boy LLC

Excelsior, MN· ~2 mi

Urban Wok

$348K
SBA financing: ≈ $683K–$1.1M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for ADL Enterprises LLC in Excelsior, MN (Limited-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.

2 SBA 7(a) loans totaling $608K
On record FY2021–23
29 jobs supported
Industry: Limited-Service Restaurants
Location: Excelsior, MN
Lender: Minnesota Lakes Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in MN for ~$304k 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/adl-enterprises-llc-mn
API:: https://www.capbench.com/api/public/businesses/adl-enterprises-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.

Is ADL Enterprises 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 ADL Enterprises LLC.