SBA lending record
Olson Iron & Stone Creations LLC
8110 199th Avenue NW, Elk River, MN 55330 · Plate Work Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$149K
Total SBA financing
1
Loan on record
FY2021
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Olson Iron & Stone Creations LLC your business?
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The loan
$149,000 — FY2021
- Gross approval
- $149,000
- SBA guaranteed
- $134,100 (90%)
- Status
- Current
- Rate at approval
- 4.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/15/2021
- First disbursement
- 3/16/2021
- Days to fund
- 1 days
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Plate Work Manufacturing
- NAICS code
- 332313
- Lender
- The Bank of Elk River
- Address
- 8110 199th Avenue NW
- City
- Elk River, 55330
- County
- Sherburne
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
The lender
Find SBA lenders for businesses like this
The banks most active funding plate work manufacturing — by location, industry.
Similar businesses
Comparable plate work manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Thorne Manufacturing LLC
Wausau, WI· ~186 mi
Plate Work Manufacturing
- $146K
- SBA financing
- ≈ $286K–$476K
- Est. revenue (rough)
Stevens Welding and Fabrication LLC
Eveleth, MN· ~151 mi
Plate Work Manufacturing
- $220K
- SBA financing
- ≈ $431K–$719K
- Est. revenue (rough)
Generation FSH, LLC
Tulsa, OK· ~646 mi
Plate Work Manufacturing
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Supremo Products, LLC
Adamsburg, PA· ~780 mi
Plate Work Manufacturing
- $125K
- SBA financing
- ≈ $245K–$408K
- Est. revenue (rough)
Tab Index Inc
Raleigh, NC· ~1016 mi
Plate Work Manufacturing
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
ESSENCE METALS LLC
Oceanside, CA· ~1518 mi
Plate Work Manufacturing
- $200K
- SBA financing
- ≈ $392K–$654K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Olson Iron & Stone Creations LLC in Elk River, MN (Plate Work Manufacturing). 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 $149K
- On record FY2021
- 1 jobs supported
- Industry: Plate Work Manufacturing
- Location: Elk River, MN
- Lender: The Bank of Elk River
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Plate Work Manufacturing businesses in MN for ~$149k 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 2026-06-24.
- 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 Olson Iron & Stone Creations LLC.