SBA lending record
Elevated Industry Inc.
20820 Matawan Ave, New Richland, MN 56072 · Grain and Field Bean Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.8M
Total SBA financing
2
Loans on record
FY2025
On record
12
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$500,000 — FY2025
Loan 1 of 2- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/12/2025
- First disbursement
- 8/15/2025
- Days to fund
- 3 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Grain and Field Bean Merchant Wholesalers
- NAICS code
- 424510
- Address
- 20820 Matawan Ave
- City
- New Richland, 56072
- County
- Waseca
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 1
$2,345,000 — FY2025
Loan 2 of 2- Gross approval
- $2,345,000
- SBA guaranteed
- $1,758,750 (75%)
- Status
- Current
- Rate at approval
- 9.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/12/2025
- First disbursement
- 8/15/2025
- Days to fund
- 3 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Grain and Field Bean Merchant Wholesalers
- NAICS code
- 424510
- Address
- 20820 Matawan Ave
- City
- New Richland, 56072
- County
- Waseca
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 1
The lender
Citizens Community Federal National Association
2 loans to this businessFind SBA lenders for businesses like this
The banks most active funding grain and field bean merchant wholesalers — by location, industry.
Similar businesses
Comparable grain and field bean merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
KFS of Hope, LLC
Hope, MN· ~19 mi
Grain and Field Bean Merchant Wholesalers
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Organic Ventures, Inc.
Fountain City, WI· ~102 mi
Grain and Field Bean Merchant Wholesalers
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Stone Arch Commodities LLC
Minneapolis, MN· ~80 mi
Grain and Field Bean Merchant Wholesalers
- $15.0M
- SBA financing
- ≈ $29M–$49M
- Est. revenue (rough)
Izumi LLC
Minneapolis, MN· ~72 mi
Grain and Field Bean Merchant Wholesalers
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Lake State Contracting LLC
Clare, MI· ~441 mi
Grain and Field Bean Merchant Wholesalers
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
TRI COUNTY FEED SERVICE, INC.
New Era, MI· ~365 mi
Grain and Field Bean Merchant Wholesalers
- $362K
- SBA financing
- ≈ $709K–$1.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Elevated Industry Inc. in New Richland, MN (Grain and Field Bean Merchant Wholesalers). 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 $2.8M
- On record FY2025
- 12 jobs supported
- Industry: Grain and Field Bean Merchant Wholesalers
- Location: New Richland, MN
- Lender: Citizens Community Federal National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Grain and Field Bean Merchant Wholesalers businesses in MN for ~$1.4M 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 Elevated Industry Inc..