SBA lending record
IBE, INC.
900 W 128TH ST, Burnsville, MN 55337 · All Other Transit and Ground Passenger Transportation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
2
Loans on record
FY2020
On record
50
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$419,500 — FY2020
Loan 1 of 2- Gross approval
- $419,500
- SBA guaranteed
- $314,625 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 7% v
- Term
- 82 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/5/2020
- First disbursement
- 2/29/2020
- Days to fund
- 24 days
- Charged off
- 5/30/2024
- Charge-off amount
- $292,982
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 25
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- All Other Transit and Ground Passenger Transportation
- NAICS code
- 485999
- Lender
- BankVista
- Address
- 900 W 128TH ST
- City
- Burnsville, 55337
- County
- Dakota
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 2
$80,000 — FY2020
Loan 2 of 2- Gross approval
- $80,000
- SBA guaranteed
- $40,000 (50%)
- Status
- Charged off (failed)
- Rate at approval
- 7.25% v
- Term
- 79 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/24/2020
- First disbursement
- 2/29/2020
- Days to fund
- 5 days
- Charged off
- 8/23/2023
- Charge-off amount
- $79,847
- Collateral
- Required
- Jobs supported
- 25
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- All Other Transit and Ground Passenger Transportation
- NAICS code
- 485999
- Lender
- BankVista
- Address
- 2330 LEXINGTON AVE S
- City
- Saint Paul, 55120
- County
- Dakota
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 2
The lender
Find SBA lenders for businesses like this
The banks most active funding all other transit and ground passenger transportation — by location, industry.
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Comparable all other transit and ground passenger transportation in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
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Agent summary
This page summarizes the public SBA 7(a) lending record for IBE, INC. in Burnsville, MN (All Other Transit and Ground Passenger Transportation). 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 $500K
- On record FY2020
- 50 jobs supported
- Industry: All Other Transit and Ground Passenger Transportation
- Location: Burnsville, MN
- Lender: BankVista
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Transit and Ground Passenger Transportation businesses in MN for ~$250k 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 IBE, INC..