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SBA lending record

NORTHWOODS PRECISION DRONES LLC

402 6TH ST, Nicollet, MN 56074 · Soil Preparation, Planting, and Cultivating. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$150K

Total SBA financing

1

Loan on record

FY2026

On record

2

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$150,000 — FY2026

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Current
Rate at approval: 10% v
Term: 123 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/26/2025
First disbursement: 1/21/2026
Days to fund: 26 days
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Soil Preparation, Planting, and Cultivating
NAICS code: 115112
Lender: Stearns Bank National Association
Address: 402 6TH ST
City: Nicollet, 56074
County: Nicollet
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 1

The lender

Stearns Bank National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding soil preparation, planting, and cultivating — by location, industry.

SBA lenders in Minnesota Lenders for soil preparation, planting, and cultivating Soil Preparation, Planting, and Cultivating lenders in Minnesota

Similar businesses

Comparable soil preparation, planting, and cultivating in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Robotic Ag Solutions, LLC

Battle Creek, IA· ~153 mi

Soil Preparation, Planting, and Cultivating

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Crop Science Investigation

Winnebago, MN· ~35 mi

Soil Preparation, Planting, and Cultivating

$525K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

ASI JET SALES, LLC

Hutchinson, MN· ~44 mi

Soil Preparation, Planting, and Cultivating

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

ASI JET Ag, LLC

Hutchinson, MN· ~44 mi

Soil Preparation, Planting, and Cultivating

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

Sherer Spray Service, LLC

Hayes, SD· ~337 mi

Soil Preparation, Planting, and Cultivating

$145K
SBA financing: ≈ $284K–$474K
Est. revenue (rough)

CUSMANO AERIAL AG SOLUTIONS, LLC

Batavia, NY· ~799 mi

Soil Preparation, Planting, and Cultivating

$120K
SBA financing: ≈ $235K–$392K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for NORTHWOODS PRECISION DRONES LLC in Nicollet, MN (Soil Preparation, Planting, and Cultivating). 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.

1 SBA 7(a) loan totaling $150K
On record FY2026
2 jobs supported
Industry: Soil Preparation, Planting, and Cultivating
Location: Nicollet, MN
Lender: Stearns Bank National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Soil Preparation, Planting, and Cultivating businesses in MN for ~$150k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/northwoods-precision-drones-llc-mn
API:: https://www.capbench.com/api/public/businesses/northwoods-precision-drones-llc-mn
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.

Is NORTHWOODS PRECISION DRONES LLC your business?

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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 NORTHWOODS PRECISION DRONES LLC.

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