SBA lending record
Froemming Innovations, LLC
500 SCHOOL RD NW, Hutchinson, MN 55350 · Lawn and Garden Tractor and Home Lawn and Garden Equipment M. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$65K
Total SBA financing
1
Loan on record
FY2020
On record
7
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$65,000 — FY2020
- Gross approval
- $65,000
- SBA guaranteed
- $32,500 (50%)
- Status
- Charged off (failed)
- Rate at approval
- 6.25% f
- Term
- 85 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/17/2019
- First disbursement
- 12/31/2019
- Days to fund
- 14 days
- Charged off
- 2/14/2023
- Charge-off amount
- $45,640
- Collateral
- Required
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Unanswered
- Industry
- Lawn and Garden Tractor and Home Lawn and Garden Equipment M
- NAICS code
- 333112
- Lender
- Citizens Bank & Trust Co
- Address
- 500 SCHOOL RD NW
- City
- Hutchinson, 55350
- County
- Mcleod
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
The lender
Citizens Bank & Trust Co
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 lawn and garden tractor and home lawn and garden equipment m — by location, industry.
Similar businesses
Comparable lawn and garden tractor and home lawn and garden equipment m in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
MMAYS ENTERPRISE
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Lawn and Garden Tractor and Home Lawn and Garden Equipment M
- $60K
- SBA financing
- ≈ $118K–$196K
- Est. revenue (rough)
CnN Property Care
Frankfort, MI· ~401 mi
Lawn and Garden Tractor and Home Lawn and Garden Equipment M
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
NATHANIEL JOHNSON
Tampa, FL· ~1343 mi
Lawn and Garden Tractor and Home Lawn and Garden Equipment M
- $46K
- SBA financing
- ≈ $91K–$151K
- Est. revenue (rough)
RESIDENTIAL PROPERTY SERVICE LLC
Farmington Hills, MI· ~575 mi
Lawn and Garden Tractor and Home Lawn and Garden Equipment M
- $45K
- SBA financing
- ≈ $88K–$147K
- Est. revenue (rough)
LGM USA LLC
Califon, NJ· ~1031 mi
Lawn and Garden Tractor and Home Lawn and Garden Equipment M
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Big Daddy Garden Company
Buffalo, NY· ~786 mi
Lawn and Garden Tractor and Home Lawn and Garden Equipment M
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Froemming Innovations, LLC in Hutchinson, MN (Lawn and Garden Tractor and Home Lawn and Garden Equipment M). 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 $65K
- On record FY2020
- 7 jobs supported
- Industry: Lawn and Garden Tractor and Home Lawn and Garden Equipment M
- Location: Hutchinson, MN
- Lender: Citizens Bank & Trust Co
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Lawn and Garden Tractor and Home Lawn and Garden Equipment M businesses in MN for ~$65k 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 Froemming Innovations, LLC.