SBA lending record

BFD 2 LLC

126 N MINNESOTA ST, New Ulm, MN 56073 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$200K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

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

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The loan

$200,000 — FY2022

Gross approval: $200,000
SBA guaranteed: $100,000 (50%)
Status: Paid in full
Rate at approval: 4.75% f
Term: 121 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/25/2022
First disbursement: 3/31/2022
Days to fund: 6 days
Paid in full: 1/31/2025
Collateral: Required
Jobs supported: 30
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Bank Midwest
Address: 126 N MINNESOTA ST
City: New Ulm, 56073
County: Brown
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 1

The lender

Bank Midwest

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding full-service restaurants — by location, industry.

SBA lenders in Minnesota Lenders for full-service restaurants Full-Service Restaurants lenders in Minnesota

Similar businesses

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

New Home Plate LLC

Le Center, MN· ~36 mi

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$210K
SBA financing: ≈ $411K–$685K
Est. revenue (rough)

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Hauschild Holdings L.L.C.

Fairmont, MN· ~46 mi

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$150K
SBA financing: ≈ $294K–$490K
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Flank Steakhouse LLC

Hutchinson, MN· ~41 mi

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$170K
SBA financing: ≈ $333K–$556K
Est. revenue (rough)

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CHEFZIG LLC

Mankato, MN· ~26 mi

Full-Service Restaurants

$407K
SBA financing: ≈ $798K–$1.3M
Est. revenue (rough)

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AB STORM OPERATIONS, INC.

Madison Lake, MN· ~33 mi

Full-Service Restaurants

$301K
SBA financing: ≈ $589K–$982K
Est. revenue (rough)

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SRI SARAVANA, LLC

Eden Prairie, MN· ~63 mi

Full-Service Restaurants

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for BFD 2 LLC in New Ulm, MN (Full-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.

1 SBA 7(a) loan totaling $200K
On record FY2022
30 jobs supported
Industry: Full-Service Restaurants
Location: New Ulm, MN
Lender: Bank Midwest

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MN for ~$200k 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/bfd-2-llc-mn
API:: https://www.capbench.com/api/public/businesses/bfd-2-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 BFD 2 LLC.