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SBA lending record

Algreen Management Inc

9600 FALLGOLD PKWY, Minneapolis, MN 55443 · Assisted Living Facilities for the Elderly. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$634K

Total SBA financing

2

Loans on record

FY2020–21

On record

16

Jobs supported

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

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All 2 loans

$368,000 — FY2021

Loan 1 of 2
Gross approval
$368,000
SBA guaranteed
$331,200 (90%)
Status
Current
Rate at approval
5.9% f
Term
300 mo (25 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
1/29/2021
First disbursement
1/31/2021
Days to fund
2 days
Collateral
Required
Jobs supported
1
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Lessors of Other Real Estate Property
NAICS code
531190
Address
8997 MONTEGUE TER
City
Minneapolis, 55443
County
Hennepin
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
3

$266,000 — FY2020

Loan 2 of 2
Gross approval
$266,000
SBA guaranteed
$199,500 (75%)
Status
Cancelled
Rate at approval
5% f
Term
300 mo (25 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
4/23/2020
Collateral
Required
Jobs supported
15
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Assisted Living Facilities for the Elderly
NAICS code
623312
Address
9600 FALLGOLD PKWY
City
Minneapolis, 55443
County
Hennepin
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
3

The lender

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The banks most active funding assisted living facilities for the elderly — by location, industry.

Similar businesses

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Algreen Management Inc in Minneapolis, MN (Assisted Living Facilities for the Elderly). 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 $634K
  • On record FY2020–21
  • 16 jobs supported
  • Industry: Assisted Living Facilities for the Elderly
  • Location: Minneapolis, MN
  • Lender: 21st Century Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Assisted Living Facilities for the Elderly businesses in MN for ~$317k 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.
  • 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 Algreen Management Inc.

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