SBA lending record
Happy Beans 3 LLC
808 LAKE ST SOUTH, Forest Lake, MN 55025 · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
1
Loan on record
FY2024
On record
25
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Happy Beans 3 LLC 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.
The loan
$1,212,000 — FY2024
- Gross approval
- $1,212,000
- SBA guaranteed
- $909,000 (75%)
- Status
- Cancelled
- Rate at approval
- 10.5% v
- Term
- 307 mo (26 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/13/2024
- Collateral
- Required
- Jobs supported
- 25
- Business type
- Corporation
- Business age
- Unanswered
- Industry
- Snack and Nonalcoholic Beverage Bars
- NAICS code
- 722515
- Lender
- Readycap Lending, LLC
- Address
- 808 LAKE ST SOUTH
- City
- Forest Lake, 55025
- County
- Washington
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
The lender
Find SBA lenders for businesses like this
The banks most active funding snack and nonalcoholic beverage bars — by location, industry.
Similar businesses
Comparable snack and nonalcoholic beverage bars in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
CHMN2 LLC
Chisago City, MN· ~9 mi
Scooter's Coffee
- $1.0M
- SBA financing
- ≈ $2.1M–$3.4M
- Est. revenue (rough)
Happy Beans LLC
Ham Lake, MN· ~12 mi
Scooter's Coffee
- $1.6M
- SBA financing
- ≈ $3.1M–$5.2M
- Est. revenue (rough)
CAMN1 LLC
Cambridge, MN· ~25 mi
Scooter's Coffee
- $1.2M
- SBA financing
- ≈ $2.4M–$3.9M
- Est. revenue (rough)
Paris Cafes MN LLC
Woodbury, MN· ~23 mi
Paris Baguette
- $1.7M
- SBA financing
- ≈ $3.3M–$5.4M
- Est. revenue (rough)
RICH FOODS LLC
Plymouth, MN· ~29 mi
Snack and Nonalcoholic Beverage Bars
- $1.7M
- SBA financing
- ≈ $3.3M–$5.5M
- Est. revenue (rough)
KOD KOD ENTERPRISES L. L. C.
Otsego, MN· ~28 mi
Dunkin' Donuts
- $2.0M
- SBA financing
- ≈ $4.0M–$6.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Happy Beans 3 LLC in Forest Lake, MN (Snack and Nonalcoholic Beverage Bars). 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 $1.2M
- On record FY2024
- 25 jobs supported
- Industry: Snack and Nonalcoholic Beverage Bars
- Location: Forest Lake, MN
- Lender: Readycap Lending, LLC
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Snack and Nonalcoholic Beverage Bars businesses in MN for ~$1.2M 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.
Is Happy Beans 3 LLC your business?
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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 Happy Beans 3 LLC.