SBA lending record
Lakes Area Logistics, LLC
1706 OAK KNOLL DR NE, Alexandria, MN 56308 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$341K
Total SBA financing
4
Loans on record
FY2020–21
On record
36
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Lakes Area Logistics, LLC your business?
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 4 loans
$167,500 — FY2021
Loan 1 of 4- Gross approval
- $167,500
- SBA guaranteed
- $125,625 (75%)
- Status
- Paid in full
- Rate at approval
- 4.75% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/24/2021
- First disbursement
- 8/25/2021
- Days to fund
- 1 days
- Paid in full
- 5/31/2024
- Collateral
- Required
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Vantage Bank
- Address
- 1706 Oak Knoll Dr NE
- City
- Alexandria, 56308
- County
- Douglas
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
$75,000 — FY2020
Loan 2 of 4- Gross approval
- $75,000
- SBA guaranteed
- $37,500 (50%)
- Status
- Paid in full
- Rate at approval
- 6% v
- Term
- 12 mo (1 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/9/2019
- First disbursement
- 11/30/2019
- Days to fund
- 52 days
- Paid in full
- 12/31/2020
- Collateral
- Required
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Vantage Bank
- Address
- 1706 OAK KNOLL DR NE
- City
- Alexandria, 56308
- County
- Douglas
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
$49,200 — FY2020
Loan 3 of 4- Gross approval
- $49,200
- SBA guaranteed
- $24,600 (50%)
- Status
- Paid in full
- Rate at approval
- 5.9% f
- Term
- 36 mo (3 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/15/2019
- First disbursement
- 10/31/2019
- Days to fund
- 16 days
- Paid in full
- 8/31/2022
- Collateral
- Required
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Vantage Bank
- Address
- 1706 Oak Knoll Dr NE
- City
- Alexandria, 56308
- County
- Douglas
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
$49,500 — FY2020
Loan 4 of 4- Gross approval
- $49,500
- SBA guaranteed
- $24,750 (50%)
- Status
- Paid in full
- Rate at approval
- 5.9% f
- Term
- 37 mo (3 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/6/2020
- First disbursement
- 2/29/2020
- Days to fund
- 23 days
- Paid in full
- 12/31/2022
- Collateral
- Required
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Unanswered
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Vantage Bank
- Address
- 1706 Oak Knoll Dr NE
- City
- Alexandria, 56308
- County
- Douglas
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
The lender
Vantage Bank
4 loans to this businessFind SBA lenders for businesses like this
The banks most active funding general freight trucking, long-distance, truckload — by location, industry.
Similar businesses
Comparable general freight trucking, long-distance, truckload in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Brad Danielson Trucking LLC
Benson, MN· ~42 mi
General Freight Trucking, Long-Distance, Truckload
- $345K
- SBA financing
- ≈ $676K–$1.1M
- Est. revenue (rough)
Koehler Trucking, Inc.
New York Mills, MN· ~42 mi
General Freight Trucking, Long-Distance, Truckload
- $210K
- SBA financing
- ≈ $412K–$686K
- Est. revenue (rough)
Custom Transfer Inc
Long Prairie, MN· ~23 mi
General Freight Trucking, Long-Distance, Truckload
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
NINNEMAN TRUCKING LLC
Alexandria, MN· ~2 mi
General Freight Trucking, Long-Distance, Truckload
- $15K
- SBA financing
- ≈ $29K–$49K
- Est. revenue (rough)
Dillon Trucking, LLC
Saint Cloud, MN· ~58 mi
General Freight Trucking, Long-Distance, Truckload
- $213K
- SBA financing
- ≈ $417K–$694K
- Est. revenue (rough)
Leland R. Lamm
Nelson, MN· ~4 mi
General Freight Trucking, Long-Distance, Truckload
- $41K
- SBA financing
- ≈ $80K–$134K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Lakes Area Logistics, LLC in Alexandria, MN (General Freight Trucking, Long-Distance, Truckload). 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.
- 4 SBA 7(a) loans totaling $341K
- On record FY2020–21
- 36 jobs supported
- Industry: General Freight Trucking, Long-Distance, Truckload
- Location: Alexandria, MN
- Lender: Vantage Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Long-Distance, Truckload businesses in MN for ~$85k 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 Lakes Area Logistics, LLC.