SBA lending record

GERHARDSON CHIROPRACTIC LLC

310 3rd St NE, Waite Park, MN 56387 · Offices of Chiropractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$723K

Total SBA financing

Loans on record

FY2022–25

On record

Jobs supported

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

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All 3 loans

$155,000 — FY2025

Loan 1 of 3

Gross approval: $155,000
SBA guaranteed: $116,250 (75%)
Status: Current
Rate at approval: 9.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 2/12/2025
First disbursement: 2/14/2025
Days to fund: 2 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 1
Business type: Corporation
Business age: Change of Ownership
Industry: Offices of Chiropractors
NAICS code: 621310
Lender: Frandsen Bank and Trust
Address: 406 Main St
City: Cold Spring, 56320
County: Stearns
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$517,500 — FY2022

Loan 2 of 3

Gross approval: $517,500
SBA guaranteed: $388,125 (75%)
Status: Current
Rate at approval: 6.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 7/13/2022
First disbursement: 7/15/2022
Days to fund: 2 days
Collateral: Required
Jobs supported: 43
Business type: Corporation
Business age: Change of Ownership
Industry: Offices of Chiropractors
NAICS code: 621310
Lender: Frandsen Bank and Trust
Address: 310 3rd St NE
City: Waite Park, 56387
County: Stearns
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$50,000 — FY2022

Loan 3 of 3

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Current
Rate at approval: 6.75% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/13/2022
First disbursement: 7/15/2022
Days to fund: 2 days
Collateral: Required
Jobs supported: 28
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Offices of Chiropractors
NAICS code: 621310
Lender: Frandsen Bank and Trust
Address: 310 3rd Street NE
City: Waite Park, 56387
County: Stearns
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

The lender

Frandsen Bank and Trust

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

Find SBA lenders for businesses like this

The banks most active funding offices of chiropractors — by location, industry.

SBA lenders in Minnesota Lenders for offices of chiropractors Offices of Chiropractors lenders in Minnesota

Similar businesses

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

Advantage Chiropractic Center PA

Saint Cloud, MN· ~1 mi

Offices of Chiropractors

$384K
SBA financing: ≈ $753K–$1.3M
Est. revenue (rough)

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CROSSROADS CHIROPRACTIC CLINIC, P.A.

Saint Cloud, MN· ~2 mi

Offices of Chiropractors

$268K
SBA financing: ≈ $525K–$876K
Est. revenue (rough)

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NEURO HEALTH CHIROPRACTIC CENTER LLC

Waite Park, MN· ~1 mi

Offices of Chiropractors

$228K
SBA financing: ≈ $447K–$745K
Est. revenue (rough)

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BACK TO HEALTH CHIROPRATIC, P.A.

Bloomington, MN· ~67 mi

Offices of Chiropractors

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

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Blaine Chiropractic Center, P.A.

Blaine, MN· ~54 mi

Offices of Chiropractors

$837K
SBA financing: ≈ $1.6M–$2.7M
Est. revenue (rough)

View record

HART CHIROPRACTIC PA

Minneapolis, MN· ~56 mi

Offices of Chiropractors

$530K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for GERHARDSON CHIROPRACTIC LLC in Waite Park, MN (Offices of Chiropractors). 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.

3 SBA 7(a) loans totaling $723K
On record FY2022–25
72 jobs supported
Industry: Offices of Chiropractors
Location: Waite Park, MN
Lender: Frandsen Bank and Trust

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Offices of Chiropractors businesses in MN for ~$241k 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 2026-06-19.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/gerhardson-chiropractic-llc-mn
API:: https://www.capbench.com/api/public/businesses/gerhardson-chiropractic-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 GERHARDSON CHIROPRACTIC LLC.