SBA lending record

Garrison Reed, LLC

4960 W 77th St, Edina, MN 55435 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.2M

Total SBA financing

Loans on record

FY2020–23

On record

130

Jobs supported

Franchise brand

Red's Savoy Pizza

See Red's Savoy Pizza'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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All 4 loans

$247,000 — FY2023

Loan 1 of 4

Gross approval: $247,000
SBA guaranteed: $185,250 (75%)
Status: Current
Rate at approval: 8.5% v
Term: 128 mo (11 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/22/2022
First disbursement: 12/28/2022
Days to fund: 6 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 40
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Red's Savoy Pizza
Franchise code: S2386
Lender: Platinum Bank
Address: 19215 Highway 7
City: Excelsior, 55331
County: Carver
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

$229,000 — FY2023

Loan 2 of 4

Gross approval: $229,000
SBA guaranteed: $171,750 (75%)
Status: Current
Rate at approval: 8.5% v
Term: 129 mo (11 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/22/2022
First disbursement: 12/28/2022
Days to fund: 6 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 40
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Red's Savoy Pizza
Franchise code: S2386
Lender: Platinum Bank
Address: 530 W 79TH ST
City: Chanhassen, 55317
County: Carver
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

$284,400 — FY2020

Loan 3 of 4

Gross approval: $284,400
SBA guaranteed: $213,300 (75%)
Status: Current
Rate at approval: 7.5% v
Term: 121 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 11/25/2019
First disbursement: 12/31/2019
Days to fund: 36 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 30
Business type: Corporation
Business age: Change of Ownership
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Red's Savoy Pizza
Franchise code: S2386
Lender: Platinum Bank
Address: 4960 W 77th St
City: Edina, 55435
County: Hennepin
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

$398,200 — FY2020

Loan 4 of 4

Gross approval: $398,200
SBA guaranteed: $298,650 (75%)
Status: Current
Rate at approval: 7.5% v
Term: 124 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/15/2020
First disbursement: 1/31/2020
Days to fund: 16 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 20
Business type: Corporation
Business age: Unanswered
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Red's Savoy Pizza
Franchise code: S2386
Lender: Platinum Bank
Address: 400 WABASHA ST
City: Saint Paul, 55102
County: Ramsey
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 4

The lender

Platinum Bank

4 loans to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding full-service restaurants — by location, industry, and brand.

SBA lenders in Minnesota Lenders for full-service restaurants Full-Service Restaurants lenders in Minnesota Red's Savoy Pizza lenders Red's Savoy Pizza lenders in Minnesota

Other Red's Savoy Pizza locations

Other Red's Savoy Pizza businesses in the public SBA record — closest first, by location and deal size.

Ruach LLC

Shakopee, MN· ~7 mi

Red's Savoy Pizza

$1.0M
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

View record

AEM, Inc.

Saint Paul, MN· ~14 mi

Red's Savoy Pizza

$665K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

View record

LakeSavoy LLC

Lakeville, MN· ~12 mi

Red's Savoy Pizza

$407K
SBA financing: ≈ $797K–$1.3M
Est. revenue (rough)

View record

Square Cut Za LLC

Rochester, MN· ~75 mi

Red's Savoy Pizza

$486K
SBA financing: ≈ $953K–$1.6M
Est. revenue (rough)

View record

RSP FM LLC

Fargo, ND· ~216 mi

Red's Savoy Pizza

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

View record

Similar businesses

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

inti

Minneapolis, MN· ~5 mi

Full-Service Restaurants

$1.0M
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

View record

Patrick's French Bakery, Inc.

Minneapolis, MN· ~2 mi

Full-Service Restaurants

$693K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

View record

KILLEN'S IRISH PUB, LLC

Minneapolis, MN· ~9 mi

Full-Service Restaurants

$1.2M
SBA financing: ≈ $2.4M–$3.9M
Est. revenue (rough)

View record

Aubergine Hospitality L.L.C.

Saint Paul, MN· ~12 mi

Full-Service Restaurants

$1.2M
SBA financing: ≈ $2.3M–$3.9M
Est. revenue (rough)

View record

Minnetonka Famous Dave's

Minnetonka, MN· ~7 mi

Famous Dave's

$1.5M
SBA financing: ≈ $3.0M–$4.9M
Est. revenue (rough)

View record

TPW Hospitality LLC

Minneapolis, MN· ~4 mi

Full-Service Restaurants

$1.3M
SBA financing: ≈ $2.5M–$4.2M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Garrison Reed, LLC in Edina, MN (Full-Service Restaurants). 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.

4 SBA 7(a) loans totaling $1.2M
On record FY2020–23
130 jobs supported
Industry: Full-Service Restaurants
Location: Edina, MN
Lender: Platinum Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MN for ~$290k 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 2026-07-27.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/garrison-reed-llc-mn
API:: https://www.capbench.com/api/public/businesses/garrison-reed-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 Garrison Reed, LLC.