SBA lending record
Electronic Controlled Systems, Inc.
11200 Hampshire Ave S, Bloomington, MN 55438 · Radio and Television Broadcasting and Wireless Communication. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.0M
Total SBA financing
2
Loans on record
FY2021
On record
159
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$1,000,000 — FY2021
Loan 1 of 2- Gross approval
- $1,000,000
- SBA guaranteed
- $900,000 (90%)
- Status
- In liquidation
- Rate at approval
- 5.25% v
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/8/2021
- First disbursement
- 4/30/2021
- Days to fund
- 22 days
- Collateral
- Required
- Jobs supported
- 68
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Radio and Television Broadcasting and Wireless Communication
- NAICS code
- 334220
- Lender
- Choice Financial Group
- Address
- 11200 Hampshire Ave S
- City
- Bloomington, 55438
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
$2,000,000 — FY2021
Loan 2 of 2- Gross approval
- $2,000,000
- SBA guaranteed
- $1,800,000 (90%)
- Status
- In liquidation
- Rate at approval
- 5.25% v
- Term
- 53 mo (4 yr)
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/8/2021
- First disbursement
- 4/30/2021
- Days to fund
- 22 days
- Collateral
- Required
- Jobs supported
- 91
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Radio and Television Broadcasting and Wireless Communication
- NAICS code
- 334220
- Lender
- Choice Financial Group
- Address
- 11200 Hampshire Ave S
- City
- Bloomington, 55438
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
The lender
Choice Financial Group
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 radio and television broadcasting and wireless communication — by location, industry.
Similar businesses
Comparable radio and television broadcasting and wireless communication in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Utility Communications Inc
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- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
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Radio and Television Broadcasting and Wireless Communication
- $3.2M
- SBA financing
- ≈ $6.3M–$10M
- Est. revenue (rough)
NomadGCS
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Radio and Television Broadcasting and Wireless Communication
- $3.5M
- SBA financing
- ≈ $6.9M–$11M
- Est. revenue (rough)
ETM-Electromatic, Inc.
Newark, CA· ~1564 mi
Radio and Television Broadcasting and Wireless Communication
- $4.0M
- SBA financing
- ≈ $7.8M–$13M
- Est. revenue (rough)
COMMUNICATIONS AND ENTERT AINMENT INC
Roswell, GA· ~884 mi
Radio and Television Broadcasting and Wireless Communication
- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
DBC Strategy, Inc.
Durango, CO· ~915 mi
Radio and Television Broadcasting and Wireless Communication
- $1.1M
- SBA financing
- ≈ $2.2M–$3.6M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Electronic Controlled Systems, Inc. in Bloomington, MN (Radio and Television Broadcasting and Wireless Communication). 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 $3.0M
- On record FY2021
- 159 jobs supported
- Industry: Radio and Television Broadcasting and Wireless Communication
- Location: Bloomington, MN
- Lender: Choice Financial Group
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Radio and Television Broadcasting and Wireless Communication businesses in MN for ~$1.5M 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 Electronic Controlled Systems, Inc..