SBA lending record

Founder Arms Inc

1836 Alfalfa Trail SW, Pillager, MN 56473 · Sporting Goods Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$117K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

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The loan

$116,600 — FY2024

Gross approval: $116,600
SBA guaranteed: $99,110 (85%)
Status: Current
Rate at approval: 10.5% v
Term: 126 mo (11 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/26/2024
First disbursement: 4/1/2024
Days to fund: 6 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 6
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Sporting Goods Retailers
NAICS code: 459110
Lender: National Bank of Commerce
Address: 1836 Alfalfa Trail SW
City: Pillager, 56473
County: Cass
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 8

The lender

National Bank of Commerce

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding sporting goods retailers — by location, industry.

SBA lenders in Minnesota Lenders for sporting goods retailers Sporting Goods Retailers lenders in Minnesota

Similar businesses

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

Free Air Life Co. LLC

Duluth, MN· ~111 mi

Sporting Goods Retailers

$114K
SBA financing: ≈ $224K–$373K
Est. revenue (rough)

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Behind Bars Bicycle Shop LLC

Minneapolis, MN· ~107 mi

Sporting Goods Retailers

$116K
SBA financing: ≈ $227K–$379K
Est. revenue (rough)

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Iron Horse Trading Co., LLC

Albany, MN· ~50 mi

Sporting Goods Retailers

$252K
SBA financing: ≈ $494K–$824K
Est. revenue (rough)

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Bladeshark Sports North L.L.C.

Excelsior, MN· ~106 mi

Sporting Goods Retailers

$105K
SBA financing: ≈ $206K–$343K
Est. revenue (rough)

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Northwoods Bait & Tackle, Inc.

Bemidji, MN· ~86 mi

Sporting Goods Retailers

$161K
SBA financing: ≈ $315K–$525K
Est. revenue (rough)

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Schwaller Family Golf Shop

Waconia, MN· ~106 mi

Sporting Goods Retailers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Founder Arms Inc in Pillager, MN (Sporting Goods Retailers). 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 $117K
On record FY2024
6 jobs supported
Industry: Sporting Goods Retailers
Location: Pillager, MN
Lender: National Bank of Commerce

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sporting Goods Retailers businesses in MN for ~$117k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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/founder-arms-inc-mn
API:: https://www.capbench.com/api/public/businesses/founder-arms-inc-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.

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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 Founder Arms Inc.