SBA lending record
Aitkin Auto Group, Inc
702 2nd Street North East, Aitkin, MN 56431 · New Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.8M
Total SBA financing
1
Loan on record
FY2022
On record
39
Jobs supported
Franchise brand
General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer
See General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer '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
Is Aitkin Auto Group, Inc your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$1,784,000 — FY2022
- Gross approval
- $1,784,000
- SBA guaranteed
- $1,338,000 (75%)
- Status
- Current
- Rate at approval
- 6.22% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/28/2022
- First disbursement
- 7/19/2022
- Days to fund
- 21 days
- Collateral
- Required
- Jobs supported
- 39
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- New Car Dealers
- NAICS code
- 441110
- Franchise
- General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer
- Franchise code
- S5004
- Lender
- Deerwood Bank
- Address
- 702 2nd Street North East
- City
- Aitkin, 56431
- County
- Aitkin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 8
The lender
Find SBA lenders for businesses like this
The banks most active funding new car dealers — by location, industry, and brand.
Other General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer locations
Other General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer businesses in the public SBA record — closest first, by location and deal size.
Park Hills Automotive, LLC
Park Hills, MO· ~623 mi
General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer
- $1.8M
- SBA financing
- ≈ $3.4M–$5.7M
- Est. revenue (rough)
DMCRES, LLC
Silsbee, TX· ~1120 mi
General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer
- $1.8M
- SBA financing
- ≈ $3.6M–$6.0M
- Est. revenue (rough)
PENNINGTON CHEVROLET BUICK OF SALEM LLC
Salem, IL· ~597 mi
General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer
- $2.4M
- SBA financing
- ≈ $4.6M–$7.7M
- Est. revenue (rough)
Basement, LLC
Douglas, AZ· ~1346 mi
General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer
- $1.2M
- SBA financing
- ≈ $2.4M–$4.0M
- Est. revenue (rough)
SF Automotive Princeton LLC
Princeton, IN· ~644 mi
General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer
- $2.5M
- SBA financing
- ≈ $4.9M–$8.2M
- Est. revenue (rough)
Brookville Chevrolet Buick Holdings, LLC
Brookville, PA· ~818 mi
General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer
- $2.5M
- SBA financing
- ≈ $4.9M–$8.2M
- Est. revenue (rough)
Similar businesses
Comparable new car dealers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Jalbert Holdings, LLC
Warroad, MN· ~181 mi
New Car Dealers
- $2.1M
- SBA financing
- ≈ $4.1M–$6.9M
- Est. revenue (rough)
Thief River Automotive, LLC
Thief River Falls, MN· ~159 mi
New Car Dealers
- $1.2M
- SBA financing
- ≈ $2.4M–$4.0M
- Est. revenue (rough)
KNUDTSEN CHEVROLET CO
Spokane, WA· ~1113 mi
New Car Dealers
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
Newberry Motors, Inc.
Newberry, MI· ~390 mi
New Car Dealers
- $2.3M
- SBA financing
- ≈ $4.5M–$7.5M
- Est. revenue (rough)
Milbank Ford Inc
Milbank, SD· ~168 mi
New Car Dealers
- $600K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
Bowen Scarff Ford Sales, Inc.
Kent, WA· ~1338 mi
Ford Motor Company Dealer Sales and Service Agreement
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Aitkin Auto Group, Inc in Aitkin, MN (New Car Dealers). 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 $1.8M
- On record FY2022
- 39 jobs supported
- Industry: New Car Dealers
- Location: Aitkin, MN
- Lender: Deerwood Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with New Car Dealers businesses in MN for ~$1.8M 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 2026-06-23.
- 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 Aitkin Auto Group, Inc.