SBA lending record
Homeco Insulation Inc
3102 103rd Lane NE, Minneapolis, MN 55449 · All Other Specialty Trade Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.0M
Total SBA financing
2
Loans on record
FY2022
On record
168
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Homeco Insulation 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
$500,000 — FY2022
Loan 1 of 2- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Current
- Rate at approval
- 7% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/27/2022
- First disbursement
- 10/5/2022
- Days to fund
- 8 days
- Collateral
- Required
- Jobs supported
- 84
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- All Other Specialty Trade Contractors
- NAICS code
- 238990
- Lender
- Old National Bank
- Address
- 3102 103rd Lane NE
- City
- Minneapolis, 55449
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
$3,473,100 — FY2022
Loan 2 of 2- Gross approval
- $3,473,100
- SBA guaranteed
- $2,604,825 (75%)
- Status
- Current
- Rate at approval
- 6.84% f
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/27/2022
- First disbursement
- 9/30/2022
- Days to fund
- 3 days
- Collateral
- Required
- Jobs supported
- 84
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- All Other Specialty Trade Contractors
- NAICS code
- 238990
- Lender
- Old National Bank
- Address
- 3102 103rd Lane NE
- City
- Minneapolis, 55449
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
The lender
Find SBA lenders for businesses like this
The banks most active funding all other specialty trade contractors — by location, industry.
Similar businesses
Comparable all other specialty trade contractors in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
LCB Business Corp.
Blaine, MN· ~4 mi
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- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
ACS Asphalt Concrete Solutions, Inc.
Blaine, MN· ~1 mi
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- $3.4M
- SBA financing
- ≈ $6.7M–$11M
- Est. revenue (rough)
SHERIDAN SHEET METAL COMPANY
Minneapolis, MN· ~14 mi
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- $4.0M
- SBA financing
- ≈ $7.8M–$13M
- Est. revenue (rough)
American Masonry Inc
Fridley, MN· ~6 mi
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- $3.1M
- SBA financing
- ≈ $6.0M–$10.0M
- Est. revenue (rough)
Northland Construction & Fence LLC
Ramsey, MN· ~13 mi
All Other Specialty Trade Contractors
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Carver Holdings, Inc
South Saint Paul, MN· ~21 mi
All Other Specialty Trade Contractors
- $4.1M
- SBA financing
- ≈ $8.1M–$14M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Homeco Insulation Inc in Minneapolis, MN (All Other Specialty Trade Contractors). 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 $4.0M
- On record FY2022
- 168 jobs supported
- Industry: All Other Specialty Trade Contractors
- Location: Minneapolis, MN
- Lender: Old National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Specialty Trade Contractors businesses in MN for ~$2.0M 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 Homeco Insulation Inc.