SBA lending record
CSP & Associates, Inc
8530 Eagle Point Blvd, Lake Elmo, MN 55042 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$646K
Total SBA financing
1
Loan on record
FY2020
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$646,000 — FY2020
- Gross approval
- $646,000
- SBA guaranteed
- $484,500 (75%)
- Status
- Paid in full
- Rate at approval
- 7.5% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/22/2019
- First disbursement
- 12/31/2019
- Days to fund
- 39 days
- Paid in full
- 1/31/2022
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Insurance Agencies and Brokerages
- NAICS code
- 524210
- Lender
- Frandsen Bank and Trust
- Address
- 8530 Eagle Point Blvd
- City
- Lake Elmo, 55042
- County
- Washington
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
The lender
Frandsen Bank and Trust
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 insurance agencies and brokerages — by location, industry.
Similar businesses
Comparable insurance agencies and brokerages in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Zenzen Insurance Group, Inc.
Inver Grove Heights, MN· ~11 mi
Insurance Agencies and Brokerages
- $588K
- SBA financing
- ≈ $1.2M–$1.9M
- Est. revenue (rough)
American Home Agency, LLC
Saint Paul, MN· ~6 mi
Insurance Agencies and Brokerages
- $475K
- SBA financing
- ≈ $931K–$1.6M
- Est. revenue (rough)
Twin-Cities Business Properties LLC
Saint Paul, MN· ~5 mi
Insurance Agencies and Brokerages
- $387K
- SBA financing
- ≈ $759K–$1.3M
- Est. revenue (rough)
Gorman Insurance Agency, LLC
Minneapolis, MN· ~16 mi
Insurance Agencies and Brokerages
- $818K
- SBA financing
- ≈ $1.6M–$2.7M
- Est. revenue (rough)
Taggart Development LLC
Blaine, MN· ~21 mi
Insurance Agencies and Brokerages
- $584K
- SBA financing
- ≈ $1.1M–$1.9M
- Est. revenue (rough)
The Toske Insurance Agency, LLC
Lino Lakes, MN· ~18 mi
Insurance Agencies and Brokerages
- $752K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for CSP & Associates, Inc in Lake Elmo, MN (Insurance Agencies and Brokerages). 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 $646K
- On record FY2020
- 5 jobs supported
- Industry: Insurance Agencies and Brokerages
- Location: Lake Elmo, MN
- Lender: Frandsen Bank and Trust
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Insurance Agencies and Brokerages businesses in MN for ~$646k 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 CSP & Associates, Inc.