Skip to main content

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

Is Emerick Inc. 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.

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

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.

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.

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.
  • 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 Emerick Inc. 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.

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

Scroll