SBA lending record

BKT Operations LLC

9923 HUDSON BLVD NORTH, Lake Elmo, MN 55042 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$4.8M

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

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The loan

$4,770,000 — FY2024

Gross approval: $4,770,000
SBA guaranteed: $2,385,000 (50%)
Status: Current
Rate at approval: 8.84% v
Term: 309 mo (26 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/23/2024
First disbursement: 2/16/2024
Days to fund: 24 days
Collateral: Required
Jobs supported: 60
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Limited-Service Restaurants
NAICS code: 722513
Lender: Live Oak Banking Company
Address: 9923 HUDSON BLVD NORTH
City: Lake Elmo, 55042
County: Washington
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 4

The lender

Live Oak Banking Company

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 limited-service restaurants — by location, industry.

SBA lenders in Minnesota Lenders for limited-service restaurants Limited-Service Restaurants lenders in Minnesota

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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.

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SBA financing: ≈ $9.1M–$15M
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PMG 56 LLC, Chan Series

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Agent summary

This page summarizes the public SBA 7(a) lending record for BKT Operations LLC in Lake Elmo, 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.

1 SBA 7(a) loan totaling $4.8M
On record FY2024
60 jobs supported
Industry: Limited-Service Restaurants
Location: Lake Elmo, MN
Lender: Live Oak Banking Company

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 ~$4.8M 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/bkt-operations-llc-mn
API:: https://www.capbench.com/api/public/businesses/bkt-operations-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 BKT Operations LLC.