SBA lending record
KIC Industries, LLC
20 Interlachen Lane, Excelsior, MN 55331 · Sporting and Recreational Goods and Supplies Merchant Wholes. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$567K
Total SBA financing
3
Loans on record
FY2021–22
On record
17
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$350,000 — FY2022
Loan 1 of 3- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Current
- Rate at approval
- 4.99% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/11/2022
- First disbursement
- 1/26/2022
- Days to fund
- 15 days
- Collateral
- Required
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Sporting and Recreational Goods and Supplies Merchant Wholes
- NAICS code
- 423910
- Lender
- 21st Century Bank
- Address
- 20 INTERLACHEN LN
- City
- Excelsior, 55331
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
$67,000 — FY2021
Loan 2 of 3- Gross approval
- $67,000
- SBA guaranteed
- $60,300 (90%)
- Status
- Current
- Rate at approval
- 4% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/24/2021
- First disbursement
- 4/1/2021
- Days to fund
- 8 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Sporting and Recreational Goods and Supplies Merchant Wholes
- NAICS code
- 423910
- Lender
- Magnifi Financial CU
- Address
- 20 Interlachen Lane
- City
- Excelsior, 55331
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
$150,000 — FY2021
Loan 3 of 3- Gross approval
- $150,000
- SBA guaranteed
- $112,500 (75%)
- Status
- Current
- Rate at approval
- 5% v
- Term
- 85 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/24/2021
- First disbursement
- 4/1/2021
- Days to fund
- 8 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Sporting and Recreational Goods and Supplies Merchant Wholes
- NAICS code
- 423910
- Lender
- Magnifi Financial CU
- Address
- 20 Interlachen Lane
- City
- Excelsior, 55331
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
The lenders
Find SBA lenders for businesses like this
The banks most active funding sporting and recreational goods and supplies merchant wholes — by location, industry.
Similar businesses
Comparable sporting and recreational goods and supplies merchant wholes in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
WakeFX, L.L.C.
Spring Park, MN· ~2 mi
Sporting and Recreational Goods and Supplies Merchant Wholes
- $400K
- SBA financing
- ≈ $784K–$1.3M
- Est. revenue (rough)
Hope Pass LLC
Eagan, MN· ~24 mi
Sporting and Recreational Goods and Supplies Merchant Wholes
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
YER Licensing ONE LLC
Minneapolis, MN· ~8 mi
Sporting and Recreational Goods and Supplies Merchant Wholes
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Airborne Athletics, Inc.
Bloomington, MN· ~16 mi
Sporting and Recreational Goods and Supplies Merchant Wholes
- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
Tiller Holdings, Inc.
Hopkins, MN· ~10 mi
Sporting and Recreational Goods and Supplies Merchant Wholes
- $2.8M
- SBA financing
- ≈ $5.5M–$9.2M
- Est. revenue (rough)
David Rogers & Associates, LTD.
Wayzata, MN· ~3 mi
Sporting and Recreational Goods and Supplies Merchant Wholes
- $68K
- SBA financing
- ≈ $133K–$222K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for KIC Industries, LLC in Excelsior, MN (Sporting and Recreational Goods and Supplies Merchant Wholes). 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.
- 3 SBA 7(a) loans totaling $567K
- On record FY2021–22
- 17 jobs supported
- Industry: Sporting and Recreational Goods and Supplies Merchant Wholes
- Location: Excelsior, MN
- Lenders: Magnifi Financial CU, 21st Century Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sporting and Recreational Goods and Supplies Merchant Wholes businesses in MN for ~$189k 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 KIC Industries, LLC.