SBA lending record

ARMSTRONG & SONS LLC

7807 SOUTHTOWN DRIVE #203, Bloomington, MN 55420 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.1M

Total SBA financing

Loans on record

FY2021–23

On record

107

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

$453,600 — FY2023

Loan 1 of 2

Gross approval: $453,600
SBA guaranteed: $340,200 (75%)
Status: Paid in full
Rate at approval: 7.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 10/17/2022
First disbursement: 10/19/2022
Days to fund: 2 days
Paid in full: 3/31/2025
Collateral: Required
Jobs supported: 22
Business type: Corporation
Business age: Change of Ownership
Industry: Limited-Service Restaurants
NAICS code: 722513
Franchise: Subway
Franchise code: S1639
Lender: BankVista
Address: 2145 COMMERCE BLVD
City: Mound, 55364
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

$1,656,100 — FY2021

Loan 2 of 2

Gross approval: $1,656,100
SBA guaranteed: $1,490,490 (90%)
Status: Paid in full
Rate at approval: 5.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 4/20/2021
First disbursement: 4/21/2021
Days to fund: 1 days
Paid in full: 7/31/2023
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 85
Business type: Corporation
Business age: Change of Ownership
Industry: Limited-Service Restaurants
NAICS code: 722513
Franchise: Subway
Franchise code: S1639
Lender: BankVista
Address: 7807 SOUTHTOWN DRIVE #203
City: Bloomington, 55420
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

The lender

BankVista

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

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.

Subway

Glencoe, MN· ~41 mi

Subway

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

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ADL Enterprises LLC

Excelsior, MN· ~13 mi

Subway

$608K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

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UPNORTH EATS, INC.

Oak Park Heights, MN· ~27 mi

Subway

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

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Minea Entreprises INC

Minneapolis, MN· ~3 mi

Subway

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

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Cambridge Baugus Corporation

Cambridge, MN· ~49 mi

Subway

$3.8M
SBA financing: ≈ $7.4M–$12M
Est. revenue (rough)

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Fresh Deli LLC

Burnsville, MN· ~8 mi

Subway

$93K
SBA financing: ≈ $182K–$303K
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.

Dairy Queen

Burnsville, MN· ~6 mi

DQ Grill & Chill Operating Agreement (American Dairy Queen)

$1.8M
SBA financing: ≈ $3.6M–$6.0M
Est. revenue (rough)

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TRG SP-MN, LLC

Edina, MN· ~2 mi

Sweet Paris Creperie & Cafe

$1.0M
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

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La Palma Properties II, LLC

Brooklyn Center, MN· ~14 mi

Limited-Service Restaurants

$2.3M
SBA financing: ≈ $4.5M–$7.5M
Est. revenue (rough)

View record

PMG 56 LLC, Chan Series

Chanhassen, MN· ~12 mi

Jersey Mike's

$3.4M
SBA financing: ≈ $6.6M–$11M
Est. revenue (rough)

View record

AGAPE CUP BURNSVILLE LLC

Burnsville, MN· ~8 mi

Scooter's Coffee

$992K
SBA financing: ≈ $1.9M–$3.2M
Est. revenue (rough)

View record

RCV, LLC

Minneapolis, MN· ~9 mi

Raising Cane's

$1.4M
SBA financing: ≈ $2.8M–$4.7M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for ARMSTRONG & SONS LLC in Bloomington, 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 $2.1M
On record FY2021–23
107 jobs supported
Industry: Limited-Service Restaurants
Location: Bloomington, MN
Lender: BankVista

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 ~$1.1M 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/armstrong-sons-llc-mn
API:: https://www.capbench.com/api/public/businesses/armstrong-sons-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 ARMSTRONG & SONS 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 ARMSTRONG & SONS LLC.