SBA lending record
Northern Engine & Supply Inc
2929 W Superior St, Duluth, MN 55806 · Other Commercial and Industrial Machinery and Equipment Rent. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.1M
Total SBA financing
2
Loans on record
FY2025
On record
70
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Northern Engine & Supply Inc your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 2 loans
$3,625,000 — FY2025
Loan 1 of 2- Gross approval
- $3,625,000
- SBA guaranteed
- $2,718,750 (75%)
- Status
- Current
- Rate at approval
- 8.2% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/25/2025
- First disbursement
- 2/28/2025
- Days to fund
- 3 days
- Collateral
- Required
- Jobs supported
- 35
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Other Commercial and Industrial Machinery and Equipment Rent
- NAICS code
- 532490
- Address
- 2929 W Superior St
- City
- Duluth, 55806
- County
- Saint Louis
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 8
$500,000 — FY2025
Loan 2 of 2- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Committed
- Rate at approval
- 9.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/25/2025
- Collateral
- Required
- Jobs supported
- 35
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Other Commercial and Industrial Machinery and Equipment Rent
- NAICS code
- 532490
- Address
- 2929 W Superior St
- City
- Duluth, 55806
- County
- Saint Louis
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 8
The lender
The Huntington National Bank
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding other commercial and industrial machinery and equipment rent — by location, industry.
Similar businesses
Comparable other commercial and industrial machinery and equipment rent in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
WR Whiteside Equipment Inc
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- Est. revenue (rough)
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- SBA financing
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- $18K
- SBA financing
- ≈ $34K–$57K
- Est. revenue (rough)
Happy Trailers, LLC
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- $437K
- SBA financing
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DPK Systems LLC
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Other Commercial and Industrial Machinery and Equipment Rent
- $500K
- SBA financing
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ELM Group LLC
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Other Commercial and Industrial Machinery and Equipment Rent
- $100K
- SBA financing
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Agent summary
This page summarizes the public SBA 7(a) lending record for Northern Engine & Supply Inc in Duluth, MN (Other Commercial and Industrial Machinery and Equipment Rent). 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 $4.1M
- On record FY2025
- 70 jobs supported
- Industry: Other Commercial and Industrial Machinery and Equipment Rent
- Location: Duluth, MN
- Lender: The Huntington National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Commercial and Industrial Machinery and Equipment Rent businesses in MN for ~$2.1M 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 2026-06-18.
- 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 Northern Engine & Supply Inc.