SBA lending record
Freedom Enterprises Inc.
2431 14TH AVE SE, Watertown, SD 57201 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.0M
Total SBA financing
2
Loans on record
FY2020
On record
30
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Freedom Enterprises 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
$830,000 — FY2020
Loan 1 of 2- Gross approval
- $830,000
- SBA guaranteed
- $622,500 (75%)
- Status
- Paid in full
- Rate at approval
- 7.5% v
- Term
- 250 mo (21 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/12/2019
- First disbursement
- 12/31/2019
- Days to fund
- 19 days
- Paid in full
- 5/31/2025
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 15
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Local
- NAICS code
- 484110
- Address
- 2431 14TH AVE SE
- City
- Watertown, 57201
- County
- Codington
- SBA district office
- SOUTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
$1,215,000 — FY2020
Loan 2 of 2- Gross approval
- $1,215,000
- SBA guaranteed
- $911,250 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 7.5% v
- Term
- 70 mo (6 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/12/2019
- First disbursement
- 12/31/2019
- Days to fund
- 19 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 15
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Local
- NAICS code
- 484110
- Address
- 2431 14TH AVE SE
- City
- Watertown, 57201
- County
- Codington
- SBA district office
- SOUTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
The lender
Newtek Small Business Finance, Inc.
2 loans to this businessFind SBA lenders for businesses like this
The banks most active funding general freight trucking, local — by location, industry.
Similar businesses
Comparable general freight trucking, local in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Nicholas John Karsky
Watertown, SD· ~5 mi
General Freight Trucking, Local
- $285K
- SBA financing
- ≈ $559K–$931K
- Est. revenue (rough)
Oak River Deliveries Inc.
Baltic, SD· ~79 mi
General Freight Trucking, Local
- $1.1M
- SBA financing
- ≈ $2.1M–$3.6M
- Est. revenue (rough)
JND Deliveries Inc.
Mahtomedi, MN· ~201 mi
General Freight Trucking, Local
- $2.1M
- SBA financing
- ≈ $4.0M–$6.7M
- Est. revenue (rough)
MCDdelivery inc.
Eau Claire, WI· ~271 mi
General Freight Trucking, Local
- $1.7M
- SBA financing
- ≈ $3.3M–$5.5M
- Est. revenue (rough)
Clearview Delivery, Inc
Long Lake, MN· ~172 mi
General Freight Trucking, Local
- $1.9M
- SBA financing
- ≈ $3.8M–$6.3M
- Est. revenue (rough)
TIGER TRANSPORT LLC
River Falls, WI· ~219 mi
General Freight Trucking, Local
- $1.6M
- SBA financing
- ≈ $3.2M–$5.3M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Freedom Enterprises Inc. in Watertown, SD (General Freight Trucking, Local). 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 $2.0M
- On record FY2020
- 30 jobs supported
- Industry: General Freight Trucking, Local
- Location: Watertown, SD
- Lender: Newtek Small Business Finance, Inc.
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Local businesses in SD for ~$1.0M 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 Freedom Enterprises Inc..