SBA lending record
Applied Engineering Services, LLC
2441 Garthus Rd, Wrenshall, MN 55797 · Commercial and Industrial Machinery and Equipment (except Au. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$60K
Total SBA financing
1
Loan on record
FY2020
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$60,000 — FY2020
- Gross approval
- $60,000
- SBA guaranteed
- $30,000 (50%)
- Status
- Paid in full
- Rate at approval
- 5.25% v
- Term
- 119 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/29/2020
- First disbursement
- 10/31/2020
- Days to fund
- 32 days
- Paid in full
- 3/31/2025
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Commercial and Industrial Machinery and Equipment (except Au
- NAICS code
- 811310
- Address
- 2441 Garthus Rd
- City
- Wrenshall, 55797
- County
- Carlton
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 8
The lender
North Shore Bank of Commerce
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding commercial and industrial machinery and equipment (except au — by location, industry.
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Agent summary
This page summarizes the public SBA 7(a) lending record for Applied Engineering Services, LLC in Wrenshall, MN (Commercial and Industrial Machinery and Equipment (except Au). 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 $60K
- On record FY2020
- 1 jobs supported
- Industry: Commercial and Industrial Machinery and Equipment (except Au
- Location: Wrenshall, MN
- Lender: North Shore Bank of Commerce
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Commercial and Industrial Machinery and Equipment (except Au businesses in MN for ~$60k 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.
- 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 Applied Engineering Services, LLC.