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SBA lending record

Ideal Aerosmith, Inc.

3001 S Washington St, Grand Forks, ND 58201 · Instruments and Related Products Manufacturing for Measuring. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.5M

Total SBA financing

2

Loans on record

FY2020–21

On record

12

Jobs supported

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

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All 2 loans

$1,500,000 — FY2021

Loan 1 of 2
Gross approval
$1,500,000
SBA guaranteed
$1,350,000 (90%)
Status
Paid in full
Rate at approval
5.25% v
Term
36 mo (3 yr)
Program
7a with EWCP
Subprogram
Revolving Line of Credit Expor
Loan type
Term loan
Purpose
Other / working capital
Approved
9/29/2021
First disbursement
12/2/2021
Days to fund
64 days
Paid in full
11/30/2024
Collateral
Required
Jobs supported
6
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Instruments and Related Products Manufacturing for Measuring
NAICS code
334513
Address
3001 S Washington St
City
Grand Forks, 58201
County
Grand Forks
SBA district office
NORTH DAKOTA DISTRICT OFFICE
Congressional district
0

$1,000,000 — FY2020

Loan 2 of 2
Gross approval
$1,000,000
SBA guaranteed
$900,000 (90%)
Status
Cancelled
Rate at approval
6.75% v
Term
12 mo (1 yr)
Program
7a with EWCP
Subprogram
Revolving Line of Credit Expor
Loan type
Term loan
Purpose
Other / working capital
Approved
3/24/2020
Collateral
Required
Jobs supported
6
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Instruments and Related Products Manufacturing for Measuring
NAICS code
334513
Address
3001 S Washington St
City
Grand Forks, 58201
County
Grand Forks
SBA district office
NORTH DAKOTA DISTRICT OFFICE
Congressional district
0

The lender

Bank Forward

2 loans to this business

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The banks most active funding instruments and related products manufacturing for measuring — by location, industry.

Similar businesses

Comparable instruments and related products manufacturing for measuring in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for Ideal Aerosmith, Inc. in Grand Forks, ND (Instruments and Related Products Manufacturing for Measuring). 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 $2.5M
  • On record FY2020–21
  • 12 jobs supported
  • Industry: Instruments and Related Products Manufacturing for Measuring
  • Location: Grand Forks, ND
  • Lender: Bank Forward

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Instruments and Related Products Manufacturing for Measuring businesses in ND for ~$1.3M 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 2026-06-21.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • 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 Ideal Aerosmith, Inc..

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