SBA lending record

LePage & Sons Inc.

23602 University Avenue NW, Bethel, MN 55005 · Solid Waste Collection. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.5M

Total SBA financing

Loans on record

FY2020–21

On record

Jobs supported

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

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All 3 loans

$400,000 — FY2021

Loan 1 of 3

Gross approval: $400,000
SBA guaranteed: $360,000 (90%)
Status: Paid in full
Rate at approval: 6% f
Term: 84 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/13/2021
First disbursement: 5/31/2021
Days to fund: 18 days
Paid in full: 11/30/2025
Collateral: Required
Jobs supported: 25
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Solid Waste Collection
NAICS code: 562111
Lender: Choice Financial Group
Address: 23602 University Ave NW
City: Bethel, 55005
County: Anoka
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$150,000 — FY2020

Loan 2 of 3

Gross approval: $150,000
SBA guaranteed: $75,000 (50%)
Status: Paid in full
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/3/2020
First disbursement: 10/31/2020
Days to fund: 120 days
Paid in full: 11/30/2025
Collateral: Required
Jobs supported: 25
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Solid Waste Collection
NAICS code: 562111
Lender: Choice Financial Group
Address: 23602 University Avenue NW
City: Bethel, 55005
County: Anoka
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

$2,000,000 — FY2020

Loan 3 of 3

Gross approval: $2,000,000
SBA guaranteed: $1,500,000 (75%)
Status: Paid in full
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/3/2020
First disbursement: 8/31/2020
Days to fund: 59 days
Paid in full: 11/30/2025
Collateral: Required
Jobs supported: 25
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Solid Waste Collection
NAICS code: 562111
Lender: Choice Financial Group
Address: 23602 University Avenue NW
City: Bethel, 55005
County: Anoka
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 6

The lender

Choice Financial Group

3 loans to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding solid waste collection — by location, industry.

SBA lenders in Minnesota Lenders for solid waste collection Solid Waste Collection lenders in Minnesota

Similar businesses

Comparable solid waste collection in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

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SBA financing: ≈ $6.6M–$11M
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SBA financing: ≈ $1.9M–$3.1M
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Granite City Roll-Off of St. Cloud, Inc.

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$1.2M
SBA financing: ≈ $2.4M–$4.0M
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Curt's Roll off 2.0 LLC

Pine City, MN· ~33 mi

Solid Waste Collection

$685K
SBA financing: ≈ $1.3M–$2.2M
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MMM Companies LLC

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$282K
SBA financing: ≈ $553K–$922K
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Borgmann Disposal Services, LLC

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$1.1M
SBA financing: ≈ $2.1M–$3.5M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for LePage & Sons Inc. in Bethel, MN (Solid Waste Collection). 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 $2.5M
On record FY2020–21
75 jobs supported
Industry: Solid Waste Collection
Location: Bethel, MN
Lender: Choice Financial Group

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Solid Waste Collection businesses in MN for ~$850k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/lepage-sons-inc-mn
API:: https://www.capbench.com/api/public/businesses/lepage-sons-inc-mn
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 LePage & Sons Inc..