SBA lending record

EMBRACE NORTH LLC

811 9TH STREET SE, UNIT 3C, Minneapolis, MN 55414 · Recreational Goods Rental. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$356K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

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

Is EMBRACE NORTH LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

Claim this listing Remove

The loan

$356,000 — FY2023

Gross approval: $356,000
SBA guaranteed: $267,000 (75%)
Status: Current
Rate at approval: 11.25% v
Term: 123 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/23/2023
First disbursement: 6/27/2023
Days to fund: 4 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 12
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Recreational Goods Rental
NAICS code: 532284
Lender: Nicolet National Bank
Address: 811 9TH STREET SE, UNIT 3C
City: Minneapolis, 55414
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 4

The lender

Nicolet National Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding recreational goods rental — by location, industry.

SBA lenders in Minnesota Lenders for recreational goods rental Recreational Goods Rental lenders in Minnesota

Similar businesses

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

Minnesota Hot Tub Boats LLC

Minneapolis, MN· ~7 mi

Recreational Goods Rental

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

View record

Pario Industries LLC

Saint Paul, MN· ~14 mi

Recreational Goods Rental

$547K
SBA financing: ≈ $1.1M–$1.8M
Est. revenue (rough)

View record

Stillwater Electric Bikes LLC

Saint Paul, MN· ~14 mi

Recreational Goods Rental

$158K
SBA financing: ≈ $310K–$516K
Est. revenue (rough)

View record

Land of 10,000 Bikes, LLC

Minneapolis, MN· ~9 mi

Velofix

$62K
SBA financing: ≈ $121K–$202K
Est. revenue (rough)

View record

TONKA BOAT RENTALS LLC

Minneapolis, MN· ~13 mi

Recreational Goods Rental

$36K
SBA financing: ≈ $71K–$118K
Est. revenue (rough)

View record

WEST METRO BOAT AND TRUCK RENTAL

Minneapolis, MN· ~13 mi

Recreational Goods Rental

$40K
SBA financing: ≈ $78K–$131K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for EMBRACE NORTH LLC in Minneapolis, MN (Recreational Goods Rental). 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 $356K
On record FY2023
12 jobs supported
Industry: Recreational Goods Rental
Location: Minneapolis, MN
Lender: Nicolet National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Recreational Goods Rental businesses in MN for ~$356k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal Talk to a loan broker Find SBA lenders Compare similar deals

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/embrace-north-llc-mn
API:: https://www.capbench.com/api/public/businesses/embrace-north-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.

Is EMBRACE NORTH LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

Claim this listing

Researching a business like this one?

The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with EMBRACE NORTH LLC.