SBA lending record
Independence Ventures, LLC
13653 JOHNSON ST NE, Andover, MN 55304 · Conveyor and Conveying Equipment Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.0M
Total SBA financing
2
Loans on record
FY2024
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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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 — FY2024
Loan 1 of 2- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/13/2024
- First disbursement
- 5/31/2024
- Days to fund
- 18 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Conveyor and Conveying Equipment Manufacturing
- NAICS code
- 333922
- Lender
- Platinum Bank
- Address
- 13653 JOHNSON ST NE
- City
- Andover, 55304
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
$2,514,000 — FY2024
Loan 2 of 2- Gross approval
- $2,514,000
- SBA guaranteed
- $1,885,500 (75%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/13/2024
- First disbursement
- 5/31/2024
- Days to fund
- 18 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Conveyor and Conveying Equipment Manufacturing
- NAICS code
- 333922
- Lender
- Platinum Bank
- Address
- 13653 JOHNSON ST NE
- City
- Ham Lake, 55304
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
The lender
Find SBA lenders for businesses like this
The banks most active funding conveyor and conveying equipment manufacturing — by location, industry.
Similar businesses
Comparable conveyor and conveying equipment manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
PRIME CONVEYOR INC
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Conveyor and Conveying Equipment Manufacturing
- $3.8M
- SBA financing
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- Est. revenue (rough)
Keenline Conveyor Systems, LLC
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- $3.5M
- SBA financing
- ≈ $6.9M–$11M
- Est. revenue (rough)
VAN STONE CONVEYOR, INC.
Santa Fe Springs, CA· ~1525 mi
Conveyor and Conveying Equipment Manufacturing
- $2.7M
- SBA financing
- ≈ $5.3M–$8.8M
- Est. revenue (rough)
Advantage Industrial Service, L.L.C.
Elkin, NC· ~891 mi
Conveyor and Conveying Equipment Manufacturing
- $2.1M
- SBA financing
- ≈ $4.2M–$7.0M
- Est. revenue (rough)
Vibrapro LLC
Boise, ID· ~1139 mi
Conveyor and Conveying Equipment Manufacturing
- $3.8M
- SBA financing
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- Est. revenue (rough)
O'CONNOR BELTING INTERNATIONAL INC.
Newark, DE· ~970 mi
Conveyor and Conveying Equipment Manufacturing
- $3.1M
- SBA financing
- ≈ $6.2M–$10M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Independence Ventures, LLC in Andover, MN (Conveyor and Conveying Equipment Manufacturing). 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 $3.0M
- On record FY2024
- 4 jobs supported
- Industry: Conveyor and Conveying Equipment Manufacturing
- Location: Andover, MN
- Lender: Platinum Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Conveyor and Conveying Equipment Manufacturing businesses in MN for ~$1.5M 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 Independence Ventures, LLC.