SBA lending record
New Transitions Inc.
228 Hazen St, Waterville, MN 56096 · Nursing Care Facilities (Skilled Nursing Facilities). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.6M
Total SBA financing
2
Loans on record
FY2021
On record
38
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$1,150,000 — FY2021
Loan 1 of 2- Gross approval
- $1,150,000
- SBA guaranteed
- $862,500 (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
- 12/16/2020
- First disbursement
- 12/31/2020
- Days to fund
- 15 days
- Paid in full
- 10/31/2023
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Nursing Care Facilities (Skilled Nursing Facilities)
- NAICS code
- 623110
- Lender
- Byline Bank
- Address
- 228 Hazen St
- City
- Waterville, 56096
- County
- Waseca
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 1
$400,000 — FY2021
Loan 2 of 2- Gross approval
- $400,000
- SBA guaranteed
- $360,000 (90%)
- Status
- Paid in full
- Rate at approval
- 6% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/16/2021
- First disbursement
- 2/24/2021
- Days to fund
- 8 days
- Paid in full
- 10/31/2023
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 32
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Nursing Care Facilities (Skilled Nursing Facilities)
- NAICS code
- 623110
- Lender
- Byline Bank
- Address
- 228 Hazen St, Waterville MN 56096
- City
- Waterville, 56096
- County
- Waseca
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding nursing care facilities (skilled nursing facilities) — by location, industry.
Similar businesses
Comparable nursing care facilities (skilled nursing facilities) in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Entrusted Home Healthcare LLC
South Saint Paul, MN· ~52 mi
Nursing Care Facilities (Skilled Nursing Facilities)
- $1.5M
- SBA financing
- ≈ $2.9M–$4.8M
- Est. revenue (rough)
Rison Homes Minnesota Inc
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- $3.7M
- SBA financing
- ≈ $7.3M–$12M
- Est. revenue (rough)
Hayes Management Inc
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Nursing Care Facilities (Skilled Nursing Facilities)
- $1.6M
- SBA financing
- ≈ $3.2M–$5.3M
- Est. revenue (rough)
Kindred Supports LLC
Saint Paul, MN· ~58 mi
Nursing Care Facilities (Skilled Nursing Facilities)
- $2.1M
- SBA financing
- ≈ $4.2M–$6.9M
- Est. revenue (rough)
Teman Homes LLC
Hopkins, MN· ~51 mi
Nursing Care Facilities (Skilled Nursing Facilities)
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Estherville Community Care Center
Estherville, IA· ~84 mi
Nursing Care Facilities (Skilled Nursing Facilities)
- $1.9M
- SBA financing
- ≈ $3.7M–$6.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for New Transitions Inc. in Waterville, MN (Nursing Care Facilities (Skilled Nursing Facilities)). 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 $1.6M
- On record FY2021
- 38 jobs supported
- Industry: Nursing Care Facilities (Skilled Nursing Facilities)
- Location: Waterville, MN
- Lender: Byline Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Nursing Care Facilities (Skilled Nursing Facilities) businesses in MN for ~$775k 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 New Transitions Inc..