SBA lending record

DRRY Properties, LLC

4101 Normanna Rd, Duluth, MN 55803 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$342K

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

$342,000 — FY2024

Gross approval: $342,000
SBA guaranteed: $256,500 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 252 mo (21 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/26/2024
First disbursement: 3/29/2024
Days to fund: 3 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 13
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: National Bank of Commerce
Address: 4101 Normanna Rd
City: Duluth, 55803
County: Saint Louis
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 8

The lender

National Bank of Commerce

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.

The Hollar Duluth, LLC

Duluth, MN· ~11 mi

Full-Service Restaurants

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

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Bayfront BBQ Inc.

Hermantown, MN· ~11 mi

Famous Dave's

$295K
SBA financing: ≈ $578K–$964K
Est. revenue (rough)

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Voyageur Donuts LLC

Duluth, MN· ~14 mi

Full-Service Restaurants

$499K
SBA financing: ≈ $978K–$1.6M
Est. revenue (rough)

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Shelly, LLC

Superior, WI· ~18 mi

Full-Service Restaurants

$353K
SBA financing: ≈ $692K–$1.2M
Est. revenue (rough)

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Clyde Industrial Park, Inc.

Duluth, MN· ~15 mi

Full-Service Restaurants

$308K
SBA financing: ≈ $604K–$1.0M
Est. revenue (rough)

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A & P Superior LLC

Superior, WI· ~22 mi

Full-Service Restaurants

$276K
SBA financing: ≈ $542K–$903K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for DRRY Properties, LLC in Duluth, 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 $342K
On record FY2024
13 jobs supported
Industry: Full-Service Restaurants
Location: Duluth, MN
Lender: National Bank of Commerce

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 ~$342k 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/drry-properties-llc-mn
API:: https://www.capbench.com/api/public/businesses/drry-properties-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 DRRY Properties, LLC.