SBA lending record

E.D.A., INC.

5515 XERXES AVE N, Minneapolis, MN 55430 · Offices of Optometrists. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$625K

Total SBA financing

Loans on record

FY2023–24

On record

Jobs supported

Franchise brand

Pearle Vision

See Pearle Vision's SBA financing data — typical deal, failure rate, and how its loans perform →

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

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All 2 loans

$95,400 — FY2024

Loan 1 of 2

Gross approval: $95,400
SBA guaranteed: $81,090 (85%)
Status: Payments deferred
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/28/2024
First disbursement: 3/6/2024
Days to fund: 7 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 10
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Offices of Optometrists
NAICS code: 621320
Lender: BankVista
Address: 5515 XERXES AVE
City: Minneapolis, 55430
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

$530,000 — FY2023

Loan 2 of 2

Gross approval: $530,000
SBA guaranteed: $397,500 (75%)
Status: Payments deferred
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/27/2023
First disbursement: 10/5/2023
Days to fund: 8 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 20
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Offices of Optometrists
NAICS code: 621320
Franchise: Pearle Vision
Franchise code: S1286
Lender: BankVista
Address: 5515 XERXES AVE N
City: Minneapolis, 55430
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

The lender

BankVista

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

Find SBA lenders for businesses like this

The banks most active funding offices of optometrists — by location, industry, and brand.

SBA lenders in Minnesota Lenders for offices of optometrists Offices of Optometrists lenders in Minnesota Pearle Vision lenders Pearle Vision lenders in Minnesota

Other Pearle Vision locations

Other Pearle Vision businesses in the public SBA record — closest first, by location and deal size.

J D Eyes, Inc.

Coon Rapids, MN· ~10 mi

Pearle Vision

$367K
SBA financing: ≈ $720K–$1.2M
Est. revenue (rough)

View record

KB Vision LLC

Stillwater, MN· ~23 mi

Pearle Vision

$1.5M
SBA financing: ≈ $2.9M–$4.8M
Est. revenue (rough)

View record

hti3 llc

Erie, CO· ~688 mi

Pearle Vision

$587K
SBA financing: ≈ $1.2M–$1.9M
Est. revenue (rough)

View record

VENICE VISION, LLC

Venice, FL· ~1382 mi

Pearle Vision

$600K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

View record

Hazard Hills, LLC

Bardstown, KY· ~645 mi

Pearle Vision

$600K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

View record

LUCIDEYEZ INC.

Livermore, CA· ~1554 mi

Pearle Vision

$596K
SBA financing: ≈ $1.2M–$1.9M
Est. revenue (rough)

View record

Similar businesses

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

COMPLETE EYECARE, P.L.C.

Minneapolis, MN· ~9 mi

Offices of Optometrists

$495K
SBA financing: ≈ $971K–$1.6M
Est. revenue (rough)

View record

DOWNTOWN EYES CROSSTOWN PLLC

Minneapolis, MN· ~6 mi

Offices of Optometrists

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

View record

Elaine Happ, O.D. P.A - Uptown Eye Care

Monticello, MN· ~29 mi

Offices of Optometrists

$620K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

View record

BASS LAKE FAMILY EYE CARE, INC

Maple Grove, MN· ~6 mi

Offices of Optometrists

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

View record

Eyecare MPLS PLLC

Minneapolis, MN· ~7 mi

Offices of Optometrists

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

View record

Felger Properties, LLC

Grand Haven, MI· ~382 mi

Offices of Optometrists

$644K
SBA financing: ≈ $1.3M–$2.1M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for E.D.A., INC. in Minneapolis, MN (Offices of Optometrists). 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 $625K
On record FY2023–24
30 jobs supported
Industry: Offices of Optometrists
Location: Minneapolis, MN
Lender: BankVista

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Offices of Optometrists businesses in MN for ~$313k 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 2026-06-19.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/e-d-a-inc-mn
API:: https://www.capbench.com/api/public/businesses/e-d-a-inc-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 E.D.A., INC..