SBA lending record

DAEDALUS FLIGHT TRAINING INNOVATIONS

3400 FRONTAGE RD W, Owatonna, MN 55060 · Flight Training. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$61K

Total SBA financing

Loans on record

FY2020

On record

—

Jobs supported

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

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All 2 loans

$32,800 — FY2020

Loan 1 of 2

Gross approval: $32,800
SBA guaranteed: $16,400 (50%)
Status: Cancelled
Rate at approval: 5.49% f
Term: 36 mo (3 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/8/2020
Collateral: Required
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Flight Training
NAICS code: 611512
Lender: U.S. Bank, National Association
Address: 3400 FRONTAGE RD W
City: Owatonna, 55060
County: Steele
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 1

$27,800 — FY2020

Loan 2 of 2

Gross approval: $27,800
SBA guaranteed: $13,900 (50%)
Status: Cancelled
Rate at approval: 5.49% f
Term: 36 mo (3 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/16/2020
Collateral: Required
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Flight Training
NAICS code: 611512
Lender: U.S. Bank, National Association
Address: 3400 FRONTAGE RD W
City: Owatonna, 55060
County: Steele
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 1

The lender

U.S. Bank, National Association

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

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The banks most active funding flight training — by location, industry.

SBA lenders in Minnesota Lenders for flight training Flight Training lenders in Minnesota

Similar businesses

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

Barnstormers, Inc.

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SBA financing: ≈ $288K–$481K
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SkyGuard instruction LLC

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$40K
SBA financing: ≈ $78K–$130K
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Glass Cockpit Aviation

Boise, ID· ~1143 mi

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$50K
SBA financing: ≈ $98K–$163K
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George Leo Schmalz

Billings, MT· ~757 mi

Flight Training

$55K
SBA financing: ≈ $108K–$180K
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Reach Education LLC

Eagan, MN· ~51 mi

Flight Training

$906K
SBA financing: ≈ $1.8M–$3.0M
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Yellowstone Seaplanes, LLC

Manhattan, MT· ~889 mi

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$110K
SBA financing: ≈ $216K–$359K
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Agent summary

This page summarizes the public SBA 7(a) lending record for DAEDALUS FLIGHT TRAINING INNOVATIONS in Owatonna, MN (Flight Training). 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 $61K
On record FY2020
Industry: Flight Training
Location: Owatonna, MN
Lender: U.S. Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Flight Training businesses in MN for ~$30k 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/daedalus-flight-training-innovations-mn
API:: https://www.capbench.com/api/public/businesses/daedalus-flight-training-innovations-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 DAEDALUS FLIGHT TRAINING INNOVATIONS.