SBA lending record
Lockwood Enterprise, LLC
1038 Air Park Dr., Aitkin, MN 56431 · Rolled Steel Shape Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$804K
Total SBA financing
2
Loans on record
FY2024
On record
16
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Lockwood Enterprise, LLC your business?
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All 2 loans
$25,000 — FY2024
Loan 1 of 2- Gross approval
- $25,000
- SBA guaranteed
- $12,500 (50%)
- Status
- Committed
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/28/2024
- Collateral
- Required
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Rolled Steel Shape Manufacturing
- NAICS code
- 331221
- Address
- 1038 Air Park Dr.
- City
- Aitkin, 56431
- County
- Aitkin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 8
$778,500 — FY2024
Loan 2 of 2- Gross approval
- $778,500
- SBA guaranteed
- $583,875 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/28/2024
- First disbursement
- 9/6/2024
- Days to fund
- 9 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Rolled Steel Shape Manufacturing
- NAICS code
- 331221
- Address
- 1038 Air Park Dr.
- City
- Aitkin, 56431
- County
- Aitkin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 8
The lender
National Bank of Commerce
2 loans to this businessFind SBA lenders for businesses like this
The banks most active funding rolled steel shape manufacturing — by location, industry.
Similar businesses
Comparable rolled steel shape manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
North Coast Steel LLC
Willoughby, OH· ~695 mi
Rolled Steel Shape Manufacturing
- $727K
- SBA financing
- ≈ $1.4M–$2.4M
- Est. revenue (rough)
Shoot Steel, Inc.
Elk River, MN· ~87 mi
Rolled Steel Shape Manufacturing
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
SMI & Hydraulics Inc
Porter, MN· ~178 mi
Rolled Steel Shape Manufacturing
- $1.1M
- SBA financing
- ≈ $2.1M–$3.6M
- Est. revenue (rough)
BARCLAY MACHINE, INC.
Salem, OH· ~749 mi
Rolled Steel Shape Manufacturing
- $730K
- SBA financing
- ≈ $1.4M–$2.4M
- Est. revenue (rough)
Maggi Gutierrez
Compton, CA· ~1551 mi
Rolled Steel Shape Manufacturing
- $731K
- SBA financing
- ≈ $1.4M–$2.4M
- Est. revenue (rough)
Puritan Manufacturing, Inc.
Omaha, NE· ~381 mi
Rolled Steel Shape Manufacturing
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Lockwood Enterprise, LLC in Aitkin, MN (Rolled Steel Shape Manufacturing). 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 $804K
- On record FY2024
- 16 jobs supported
- Industry: Rolled Steel Shape Manufacturing
- Location: Aitkin, MN
- Lender: National Bank of Commerce
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Rolled Steel Shape Manufacturing businesses in MN for ~$402k 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 2026-06-24.
- 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 Lockwood Enterprise, LLC.