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SBA lending record

LakeSavoy LLC

17450 KENWOOD TRL, Lakeville, MN 55044 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$407K

Total SBA financing

2

Loans on record

FY2020

On record

80

Jobs supported

Franchise brand

Red's Savoy Pizza

See Red's Savoy Pizza's SBA financing data — typical deal, failure rate, and how its loans perform →

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

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All 2 loans

$25,000 — FY2020

Loan 1 of 2
Gross approval
$25,000
SBA guaranteed
$12,500 (50%)
Status
Paid in full
Rate at approval
5.5% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
9/30/2020
First disbursement
10/28/2020
Days to fund
28 days
Paid in full
1/31/2025
Collateral
Required
Jobs supported
40
Business type
Corporation
Business age
Startup, Loan Funds will Open Business
Industry
Full-Service Restaurants
NAICS code
722511
Franchise
Red's Savoy Pizza
Franchise code
S2386
Address
17450 KENWOOD TRL
City
Lakeville, 55044
County
Dakota
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
2

$381,500 — FY2020

Loan 2 of 2
Gross approval
$381,500
SBA guaranteed
$286,125 (75%)
Status
Delinquent
Rate at approval
5.5% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
9/30/2020
First disbursement
11/30/2020
Days to fund
61 days
Collateral
Required
Jobs supported
40
Business type
Corporation
Business age
Startup, Loan Funds will Open Business
Industry
Full-Service Restaurants
NAICS code
722511
Franchise
Red's Savoy Pizza
Franchise code
S2386
Address
17450 KENWOOD TRL
City
Lakeville, 55044
County
Dakota
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
2

The lender

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Other Red's Savoy Pizza locations

Other Red's Savoy Pizza businesses in the public SBA record — closest first, by location and deal size.

Similar businesses

Comparable full-service restaurants 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 LakeSavoy LLC in Lakeville, MN (Full-Service Restaurants). 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 $407K
  • On record FY2020
  • 80 jobs supported
  • Industry: Full-Service Restaurants
  • Location: Lakeville, MN
  • Lender: Sunrise Banks National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MN for ~$203k 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.
  • 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 LakeSavoy LLC.

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