SBA lending record
Etlon Spa Group, LLC
11300 WAYZATA BLVD, Minnetonka, MN 55305 · Other Personal Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$755K
Total SBA financing
1
Loan on record
FY2023
On record
32
Jobs supported
Franchise brand
Spavia
See Spavia'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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The loan
$755,000 — FY2023
- Gross approval
- $755,000
- SBA guaranteed
- $566,250 (75%)
- Status
- Current
- Rate at approval
- 9.75% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/8/2023
- First disbursement
- 9/18/2023
- Days to fund
- 10 days
- Collateral
- Required
- Jobs supported
- 32
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Personal Care Services
- NAICS code
- 812199
- Franchise
- Spavia
- Franchise code
- S1603
- Lender
- Frandsen Bank and Trust
- Address
- 11300 WAYZATA BLVD
- City
- Minnetonka, 55305
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
The lender
Frandsen Bank and Trust
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 other personal care services — by location, industry, and brand.
Other Spavia locations
Other Spavia businesses in the public SBA record — closest first, by location and deal size.
Grand Escape Wellness, LLC
Apple Valley, MN· ~19 mi
Spavia
- $766K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
Elm Collective LLC
Littleton, MA
Spavia
- $1.4M
- SBA financing
- ≈ $2.7M–$4.6M
- Est. revenue (rough)
MTK Spa Holdings Limited Liability Company
Louisville, CO· ~691 mi
Spavia
- $628K
- SBA financing
- ≈ $1.2M–$2.1M
- Est. revenue (rough)
Kingdom Spa LLC
Ankeny, IA· ~225 mi
Spavia
- $528K
- SBA financing
- ≈ $1.0M–$1.7M
- Est. revenue (rough)
M&M HEAVEN CORPORATION
Greenville, SC· ~914 mi
Spavia
- $667K
- SBA financing
- ≈ $1.3M–$2.2M
- Est. revenue (rough)
BOSSY BETTY LLC
Lakewood, CO· ~697 mi
Spavia
- $595K
- SBA financing
- ≈ $1.2M–$1.9M
- 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)
Belisle Management Group LLC
Minneapolis, MN· ~8 mi
The NOW Massage
- $650K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
Emerick Inc.
Edina, MN· ~9 mi
Perspire Sauna Studio
- $810K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
Portal Minnesota LLC
Minneapolis, MN· ~5 mi
Other Personal Care Services
- $984K
- SBA financing
- ≈ $1.9M–$3.2M
- Est. revenue (rough)
1330 Jersey Ave S LLC
Saint Louis Park, MN· ~3 mi
Other Personal Care Services
- $1.4M
- SBA financing
- ≈ $2.7M–$4.4M
- Est. revenue (rough)
ABELLA AESTHETICS LLC
Plymouth, MN· ~5 mi
Other Personal Care Services
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Etlon Spa Group, LLC in Minnetonka, 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.
- 1 SBA 7(a) loan totaling $755K
- On record FY2023
- 32 jobs supported
- Industry: Other Personal Care Services
- Location: Minnetonka, MN
- Lender: Frandsen Bank and Trust
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 ~$755k 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 2026-06-20.
- 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 Etlon Spa Group, LLC.