SBA lending record

ADVANCED INTERCONNECT TECHNOLOGIES LLC

945 INDUSTRIAL DRIVE S, Sauk Rapids, MN 56379 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.5M

Total SBA financing

Loans on record

FY2020–25

On record

Jobs supported

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

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All 7 loans

$1,500,000 — FY2025

Loan 1 of 7

Gross approval: $1,500,000
SBA guaranteed: $1,125,000 (75%)
Status: Current
Rate at approval: 7.5% v
Term: 60 mo (5 yr)
Program: 7a with WCP
Subprogram: Revolving Line of Credit Expor
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/13/2025
First disbursement: 6/30/2025
Days to fund: 109 days
Collateral: Required
Jobs supported: 28
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Machine Shops
NAICS code: 332710
Lender: Stearns Bank National Association
Address: 124 & 128 Franklin Ave
City: Saint Cloud, 56304
County: Benton
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$370,000 — FY2025

Loan 2 of 7

Gross approval: $370,000
SBA guaranteed: $277,500 (75%)
Status: Current
Rate at approval: 8% v
Term: 120 mo (10 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/13/2025
First disbursement: 3/31/2025
Days to fund: 18 days
Collateral: Required
Jobs supported: 28
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Machine Shops
NAICS code: 332710
Lender: Stearns Bank National Association
Address: 124 & 128 Franklin Ave
City: Saint Cloud, 56304
County: Benton
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$350,000 — FY2022

Loan 3 of 7

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: Current
Rate at approval: 6.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/14/2022
First disbursement: 6/16/2022
Days to fund: 2 days
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Machine Shops
NAICS code: 332710
Lender: Stearns Bank National Association
Address: 124 & 128 FRANKLIN AVE NE
City: St. Cloud, 56304
County: Sherburne
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$250,000 — FY2022

Loan 4 of 7

Gross approval: $250,000
SBA guaranteed: $125,000 (50%)
Status: Paid in full
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/11/2021
First disbursement: 11/16/2021
Days to fund: 5 days
Paid in full: 7/31/2023
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Machine Shops
NAICS code: 332710
Lender: Stearns Bank National Association
Address: 124 & 128 FRANKLIN AVENUE NE
City: Saint Cloud, 56304
County: Sherburne
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$427,500 — FY2021

Loan 5 of 7

Gross approval: $427,500
SBA guaranteed: $384,750 (90%)
Status: Current
Rate at approval: 4.75% v
Term: 303 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/14/2021
First disbursement: 5/17/2021
Days to fund: 3 days
Collateral: Required
Jobs supported: 10
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Machine Shops
NAICS code: 332710
Lender: Stearns Bank National Association
Address: 128 FRANKLIN AVENUE NE
City: Saint Cloud, 56304
County: Benton
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$323,000 — FY2021

Loan 6 of 7

Gross approval: $323,000
SBA guaranteed: $242,250 (75%)
Status: Current
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/5/2020
First disbursement: 11/30/2020
Days to fund: 25 days
Collateral: Required
Jobs supported: 3
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Machine Shops
NAICS code: 332710
Lender: Stearns Bank National Association
Address: 945 INDUSTRIAL DR S
City: Sauk Rapids, 56379
County: Benton
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$283,500 — FY2020

Loan 7 of 7

Gross approval: $283,500
SBA guaranteed: $212,625 (75%)
Status: Current
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/26/2019
First disbursement: 12/31/2019
Days to fund: 35 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 2
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Machine Shops
NAICS code: 332710
Lender: Stearns Bank National Association
Address: 945 INDUSTRIAL DRIVE S
City: Sauk Rapids, 56379
County: Benton
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

The lender

Stearns Bank National Association

7 loans to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding machine shops — by location, industry.

SBA lenders in Minnesota Lenders for machine shops Machine Shops lenders in Minnesota

Similar businesses

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

P & F Machining Inc.

Elk River, MN· ~33 mi

Machine Shops

$3.9M
SBA financing: ≈ $7.6M–$13M
Est. revenue (rough)

View record

Falls Acquisition Company Inc.

Little Falls, MN· ~30 mi

Machine Shops

$2.3M
SBA financing: ≈ $4.4M–$7.4M
Est. revenue (rough)

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SAYLER HOLDINGS INCORPORATED

Blaine, MN· ~54 mi

Machine Shops

$4.2M
SBA financing: ≈ $8.2M–$14M
Est. revenue (rough)

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Douglas Manufacturing Solutions LLC

Foley, MN· ~12 mi

Machine Shops

$1.1M
SBA financing: ≈ $2.3M–$3.8M
Est. revenue (rough)

View record

OpEx OpCo Inc.

Minneapolis, MN· ~63 mi

Machine Shops

$4.5M
SBA financing: ≈ $8.7M–$15M
Est. revenue (rough)

View record

Minnesota Industrial Tooling Inc.

Lonsdale, MN· ~84 mi

Machine Shops

$3.2M
SBA financing: ≈ $6.4M–$11M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for ADVANCED INTERCONNECT TECHNOLOGIES LLC in Sauk Rapids, MN (Machine Shops). 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.

7 SBA 7(a) loans totaling $3.5M
On record FY2020–25
72 jobs supported
Industry: Machine Shops
Location: Sauk Rapids, MN
Lender: Stearns Bank National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Machine Shops businesses in MN for ~$501k 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/advanced-interconnect-technologies-llc-mn
API:: https://www.capbench.com/api/public/businesses/advanced-interconnect-technologies-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 ADVANCED INTERCONNECT TECHNOLOGIES LLC.