SBA lending record

Novios Cafe, LLC

120 Elton Hills Dr, Rochester, MN 55901 · Confectionery and Nut Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$295K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

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The loan

$294,800 — FY2024

Gross approval: $294,800
SBA guaranteed: $221,100 (75%)
Status: Current
Rate at approval: 9.5% v
Term: 84 mo (7 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 2/29/2024
First disbursement: 3/12/2024
Days to fund: 12 days
Collateral: Required
Jobs supported: 28
Business type: Corporation
Business age: Change of Ownership
Industry: Confectionery and Nut Retailers
NAICS code: 445292
Lender: Eagle Rock Bank
Address: 120 Elton Hills Dr
City: Rochester, 55901
County: Olmsted
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 1

The lender

Eagle Rock Bank

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding confectionery and nut retailers — by location, industry.

SBA lenders in Minnesota Lenders for confectionery and nut retailers Confectionery and Nut Retailers lenders in Minnesota

Similar businesses

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

Fortune Favors LLC F/K/A Nutkrack LLC

Madison, WI· ~169 mi

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$275K
SBA financing: ≈ $539K–$899K
Est. revenue (rough)

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The Minnesota Chocolate Lab LLC

Marine On Saint Croix, MN· ~82 mi

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$693K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

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Candy Ventures LLC

Duluth, MN· ~190 mi

Confectionery and Nut Retailers

$200K
SBA financing: ≈ $392K–$654K
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Rocky Mountain Chocolate Factory

Saint Paul, MN· ~68 mi

Rocky Mountain Chocolate Factory

$825K
SBA financing: ≈ $1.6M–$2.7M
Est. revenue (rough)

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Csokolade LLC

Charlevoix, MI· ~365 mi

Kilwins Chocolates and Ice Cream Store

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

View record

Csokolade Of Boyne LLC

Boyne City, MI· ~375 mi

Kilwins Chocolates and Ice Cream Store

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Novios Cafe, LLC in Rochester, MN (Confectionery and Nut Retailers). 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 $295K
On record FY2024
28 jobs supported
Industry: Confectionery and Nut Retailers
Location: Rochester, MN
Lender: Eagle Rock Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Confectionery and Nut Retailers businesses in MN for ~$295k 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/novios-cafe-llc-mn
API:: https://www.capbench.com/api/public/businesses/novios-cafe-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.

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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 Novios Cafe, LLC.