SBA lending record

FREE MOVT, LLC

2800 FERNBROOK LN, Minneapolis, MN 55447 · Fine Arts Schools. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.8M

Total SBA financing

Loans on record

FY2020

On record

—

Jobs supported

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

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All 2 loans

$1,890,700 — FY2020

Loan 1 of 2

Gross approval: $1,890,700
SBA guaranteed: $1,418,025 (75%)
Status: Cancelled
Rate at approval: 4.7% f
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/28/2020
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Fine Arts Schools
NAICS code: 611610
Lender: Associated Bank, National Association
Address: 2800 FERNBROOK LN
City: Minneapolis, 55447
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

$1,890,000 — FY2020

Loan 2 of 2

Gross approval: $1,890,000
SBA guaranteed: $1,417,500 (75%)
Status: Current
Rate at approval: 4.6% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/1/2020
First disbursement: 6/3/2020
Days to fund: 2 days
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Fine Arts Schools
NAICS code: 611610
Lender: Associated Bank, National Association
Address: 2800 FERNBROOK LANE NORTH
City: Plymouth, 55447
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

The lender

Associated Bank, National Association

2 loans to this business

Find SBA lenders for businesses like this

The banks most active funding fine arts schools — by location, industry.

SBA lenders in Minnesota Lenders for fine arts schools Fine Arts Schools lenders in Minnesota

Similar businesses

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

Intrepid Dance Company LLC

Minneapolis, MN· ~5 mi

Fine Arts Schools

$15K
SBA financing: ≈ $29K–$49K
Est. revenue (rough)

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Dance West LLC

Wayzata, MN· ~5 mi

Fine Arts Schools

$304K
SBA financing: ≈ $595K–$992K
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Hopkins Dance Company Incorporation

Hopkins, MN· ~6 mi

Fine Arts Schools

$30K
SBA financing: ≈ $59K–$98K
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FLIP LAB LLC

Minneapolis, MN· ~11 mi

Fine Arts Schools

$125K
SBA financing: ≈ $245K–$408K
Est. revenue (rough)

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ARTFUL MINDS LLC

Excelsior, MN· ~12 mi

Young Rembrandts

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

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Jete Dance Centre, LLC

Rogers, MN· ~15 mi

Fine Arts Schools

$650K
SBA financing: ≈ $1.3M–$2.1M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for FREE MOVT, LLC in Minneapolis, MN (Fine Arts Schools). 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 $3.8M
On record FY2020
Industry: Fine Arts Schools
Location: Minneapolis, MN
Lender: Associated Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Fine Arts Schools businesses in MN for ~$1.9M 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 2026-06-18.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/free-movt-llc-mn
API:: https://www.capbench.com/api/public/businesses/free-movt-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.

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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 FREE MOVT, LLC.