SBA lending record
K-BIT ELECTRONICS LLC
8720 Park Ave NE, Elk River, MN 55330 · Other Computer Related Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$21K
Total SBA financing
1
Loan on record
FY2025
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$20,800 — FY2025
- Gross approval
- $20,800
- SBA guaranteed
- $15,600 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 60 mo (5 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/26/2025
- First disbursement
- 3/29/2025
- Days to fund
- 31 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Other Computer Related Services
- NAICS code
- 541519
- Address
- 8720 Park Ave NE
- City
- Elk River, 55330
- County
- Sherburne
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
The lender
The Huntington National Bank
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding other computer related services — by location, industry.
Similar businesses
Comparable other computer related services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
IT Done Right LLC
Anoka, MN· ~11 mi
Other Computer Related Services
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Techmate Business LLC
Osseo, MN· ~15 mi
Other Computer Related Services
- $40K
- SBA financing
- ≈ $78K–$131K
- Est. revenue (rough)
Any Key PC, LLC
Cambridge, MN· ~24 mi
Other Computer Related Services
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
KENNY'S FOLDER SOLUTIONS INC.
Minneapolis, MN· ~21 mi
Other Computer Related Services
- $39K
- SBA financing
- ≈ $76K–$127K
- Est. revenue (rough)
Networx Broadband Inc
Elk River, MN· ~4 mi
Other Computer Related Services
- $4.7M
- SBA financing
- ≈ $9.2M–$15M
- Est. revenue (rough)
ESKERRON INC
Minneapolis, MN· ~30 mi
Other Computer Related Services
- $40K
- SBA financing
- ≈ $78K–$131K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for K-BIT ELECTRONICS LLC in Elk River, MN (Other Computer Related Services). 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 $21K
- On record FY2025
- 2 jobs supported
- Industry: Other Computer Related Services
- Location: Elk River, MN
- Lender: The Huntington National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Computer Related Services businesses in MN for ~$21k 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 K-BIT ELECTRONICS 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 K-BIT ELECTRONICS LLC.