SBA lending record
MAC PRECISION CONCRETE INC
8491 206TH AVE NE, New London, MN 56273 · Power and Communication Line and Related Structures Construc. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$825K
Total SBA financing
2
Loans on record
FY2020–21
On record
18
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$500,000 — FY2021
Loan 1 of 2- Gross approval
- $500,000
- SBA guaranteed
- $450,000 (90%)
- Status
- Current
- Rate at approval
- 5.5% f
- Term
- 120 mo (10 yr)
- Program
- Contract Loan Line of Credit (CAPLine)
- Subprogram
- Contract Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/27/2021
- First disbursement
- 10/1/2021
- Days to fund
- 4 days
- Collateral
- Required
- Jobs supported
- 12
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Power and Communication Line and Related Structures Construc
- NAICS code
- 237130
- Lender
- United Prairie Bank
- Address
- 8491 206TH AVE NE
- City
- New London, 56273
- County
- Kandiyohi
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
$325,000 — FY2020
Loan 2 of 2- Gross approval
- $325,000
- SBA guaranteed
- $243,750 (75%)
- Status
- Paid in full
- Rate at approval
- 5.5% f
- Term
- 120 mo (10 yr)
- Program
- Contract Loan Line of Credit (CAPLine)
- Subprogram
- Contract Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/5/2020
- First disbursement
- 5/31/2020
- Days to fund
- 26 days
- Paid in full
- 10/31/2024
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Power and Communication Line and Related Structures Construc
- NAICS code
- 237130
- Lender
- United Prairie Bank
- Address
- 8491 206TH AVE NE
- City
- New London, 56273
- County
- Kandiyohi
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
The lender
Find SBA lenders for businesses like this
The banks most active funding power and communication line and related structures construc — by location, industry.
Similar businesses
Comparable power and communication line and related structures construc in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Central Minnesota Utilities LLC
Alexandria, MN· ~42 mi
Power and Communication Line and Related Structures Construc
- $1.1M
- SBA financing
- ≈ $2.2M–$3.7M
- Est. revenue (rough)
CMU Holdings LLC
Parkers Prairie, MN· ~61 mi
Power and Communication Line and Related Structures Construc
- $639K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
X-Com, LLC
Monticello, MN· ~55 mi
Power and Communication Line and Related Structures Construc
- $450K
- SBA financing
- ≈ $882K–$1.5M
- Est. revenue (rough)
In Route Drilling LLC
Zimmerman, MN· ~64 mi
Power and Communication Line and Related Structures Construc
- $337K
- SBA financing
- ≈ $660K–$1.1M
- Est. revenue (rough)
Legacy Power Line, Inc.
Wadena, MN· ~77 mi
Power and Communication Line and Related Structures Construc
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
APEX UNDERGROUND INC
Perham, MN· ~93 mi
Power and Communication Line and Related Structures Construc
- $401K
- SBA financing
- ≈ $786K–$1.3M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for MAC PRECISION CONCRETE INC in New London, MN (Power and Communication Line and Related Structures Construc). 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 $825K
- On record FY2020–21
- 18 jobs supported
- Industry: Power and Communication Line and Related Structures Construc
- Location: New London, MN
- Lender: United Prairie Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Power and Communication Line and Related Structures Construc businesses in MN for ~$413k 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 MAC PRECISION CONCRETE INC.