SBA lending record
Emerick Inc.
7525 France Ave S, Edina, MN 55435 · Other Personal Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$810K
Total SBA financing
2
Loans on record
FY2024
On record
28
Jobs supported
Franchise brand
Perspire Sauna Studio
See Perspire Sauna Studio'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
$760,000 — FY2024
Loan 1 of 2- Gross approval
- $760,000
- SBA guaranteed
- $570,000 (75%)
- Status
- Delinquent
- Rate at approval
- 11.25% v
- Term
- 132 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/12/2024
- First disbursement
- 3/18/2024
- Days to fund
- 6 days
- Collateral
- Required
- Jobs supported
- 14
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Personal Care Services
- NAICS code
- 812199
- Franchise
- Perspire Sauna Studio
- Franchise code
- S3000
- Address
- 7525 France Ave S
- City
- Edina, 55435
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
$50,000 — FY2024
Loan 2 of 2- Gross approval
- $50,000
- SBA guaranteed
- $25,000 (50%)
- Status
- Delinquent
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/12/2024
- First disbursement
- 3/13/2025
- Days to fund
- 366 days
- Collateral
- Required
- Jobs supported
- 14
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Personal Care Services
- NAICS code
- 812199
- Franchise
- Perspire Sauna Studio
- Franchise code
- S3000
- Address
- 7525 France Ave S
- City
- Edina, 55435
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
The lender
The Huntington National Bank
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 other personal care services — by location, industry, and brand.
Other Perspire Sauna Studio locations
Other Perspire Sauna Studio businesses in the public SBA record — closest first, by location and deal size.
Perspire Sauna Studio
Maple Grove, MN· ~17 mi
Perspire Sauna Studio
- $487K
- SBA financing
- ≈ $954K–$1.6M
- Est. revenue (rough)
Generational Wellness LLC
Middletown, NJ
Perspire Sauna Studio
- $920K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
PSS WYCKOFF LLC
Wyckoff, NJ
Perspire Sauna Studio
- $602K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
STP Enterprises LLC
Louisville, KY· ~605 mi
Perspire Sauna Studio
- $890K
- SBA financing
- ≈ $1.7M–$2.9M
- Est. revenue (rough)
Wellness Elite LLC
Parker, CO· ~692 mi
Perspire Sauna Studio
- $801K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
SANCT. SAUNA LLC
Shelter Island, NY· ~1090 mi
Perspire Sauna Studio
- $837K
- SBA financing
- ≈ $1.6M–$2.7M
- Est. revenue (rough)
Similar businesses
Comparable other personal care services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Tonia Inc.
St. Louis Park, MN· ~5 mi
beem Light Sauna
- $646K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
Portal Minnesota LLC
Minneapolis, MN· ~5 mi
Other Personal Care Services
- $984K
- SBA financing
- ≈ $1.9M–$3.2M
- Est. revenue (rough)
VINSANITY LLC.
Savage, MN· ~9 mi
beem Light Sauna
- $782K
- SBA financing
- ≈ $1.5M–$2.6M
- Est. revenue (rough)
Rise Wellness MN LLC
Savage, MN· ~9 mi
Other Personal Care Services
- $715K
- SBA financing
- ≈ $1.4M–$2.3M
- Est. revenue (rough)
Belisle Management Group LLC
Minneapolis, MN· ~9 mi
The NOW Massage
- $650K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
Light & Living LLC
Minneapolis, MN· ~1 mi
beem Light Sauna
- $463K
- SBA financing
- ≈ $907K–$1.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Emerick Inc. in Edina, MN (Other Personal Care Services). 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 $810K
- On record FY2024
- 28 jobs supported
- Industry: Other Personal Care Services
- Location: Edina, MN
- Lender: The Huntington National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Personal Care Services businesses in MN for ~$405k 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 Emerick Inc..