SBA lending record
MerlinMN001 LLC
13476 HANSON BLVD, Andover, MN 55304 · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
2
Loans on record
FY2022
On record
14
Jobs supported
Franchise brand
Midas
See Midas'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
$1,197,000 — FY2022
Loan 1 of 2- Gross approval
- $1,197,000
- SBA guaranteed
- $897,750 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 5.25% v
- Term
- 274 mo (23 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/20/2022
- First disbursement
- 2/7/2022
- Days to fund
- 18 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
- NAICS code
- 811111
- Franchise
- Midas
- Franchise code
- S1110
- Lender
- HomeTrust Bank
- Address
- 13476 HANSON BLVD
- City
- Andover, 55304
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
$50,000 — FY2022
Loan 2 of 2- Gross approval
- $50,000
- SBA guaranteed
- $25,000 (50%)
- Status
- In liquidation
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/20/2022
- First disbursement
- 2/7/2022
- Days to fund
- 18 days
- Collateral
- None
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
- NAICS code
- 811111
- Franchise
- Midas
- Franchise code
- S1110
- Lender
- HomeTrust Bank
- Address
- 13476 HANSON BLVD
- City
- Andover, 55304
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
The lender
Find SBA lenders for businesses like this
The banks most active funding general automotive repair — by location, industry, and brand.
Other Midas locations
Other Midas businesses in the public SBA record — closest first, by location and deal size.
Styve Properties L.L.C.
Shakopee, MN· ~31 mi
Midas
- $1.2M
- SBA financing
- ≈ $2.4M–$4.0M
- Est. revenue (rough)
AMJ SERVICES, INC
Marquette, MI· ~297 mi
Midas
- $1.5M
- SBA financing
- ≈ $3.0M–$4.9M
- Est. revenue (rough)
BK Auto Ventures, LLC
Harrisonburg, VA· ~878 mi
Midas
- $1.3M
- SBA financing
- ≈ $2.5M–$4.1M
- Est. revenue (rough)
Ana Food LLC
Waterford, MI· ~527 mi
Midas
- $1.1M
- SBA financing
- ≈ $2.1M–$3.5M
- Est. revenue (rough)
Leggett Automotive LLC
Memphis, TN· ~721 mi
Midas
- $1.3M
- SBA financing
- ≈ $2.5M–$4.1M
- Est. revenue (rough)
Brickyard Bowling Green LLC
Bowling Green, KY· ~671 mi
Midas
- $919K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
Similar businesses
Comparable general automotive repair in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
NB Garage Inc.
Saint Paul, MN· ~11 mi
General Automotive Repair
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Beavens Properties LLC
Maple Grove, MN· ~8 mi
General Automotive Repair
- $841K
- SBA financing
- ≈ $1.6M–$2.7M
- Est. revenue (rough)
Stephs Garage Inc.
Otsego, MN· ~19 mi
General Automotive Repair
- $1.1M
- SBA financing
- ≈ $2.1M–$3.5M
- Est. revenue (rough)
Doran-King Auto Repair
Saint Paul, MN· ~21 mi
General Automotive Repair
- $1.1M
- SBA financing
- ≈ $2.2M–$3.6M
- Est. revenue (rough)
Little Foxes Complete Auto Service & Repair Co
New Brighton, MN· ~12 mi
General Automotive Repair
- $814K
- SBA financing
- ≈ $1.6M–$2.7M
- Est. revenue (rough)
THORSON PROPERTIES LLC
Medina, MN· ~17 mi
General Automotive Repair
- $867K
- SBA financing
- ≈ $1.7M–$2.8M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for MerlinMN001 LLC in Andover, MN (General Automotive Repair). 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 $1.2M
- On record FY2022
- 14 jobs supported
- Industry: General Automotive Repair
- Location: Andover, MN
- Lender: HomeTrust Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Automotive Repair businesses in MN for ~$624k 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 MerlinMN001 LLC.