SBA lending record
Palmers LLC
740 24TH AVE SE, Minneapolis, MN 55414 · Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.8M
Total SBA financing
1
Loan on record
FY2022
On record
9
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Palmers LLC 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.
The loan
$1,783,700 — FY2022
- Gross approval
- $1,783,700
- SBA guaranteed
- $1,337,775 (75%)
- Status
- Current
- Rate at approval
- 5.35% f
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/7/2022
- First disbursement
- 6/24/2022
- Days to fund
- 17 days
- Collateral
- Required
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma
- NAICS code
- 333924
- Lender
- Old National Bank
- Address
- 740 24TH AVE SE
- City
- Minneapolis, 55414
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
The lender
Find SBA lenders for businesses like this
The banks most active funding industrial truck, tractor, trailer, and stacker machinery ma — by location, industry.
Similar businesses
Comparable industrial truck, tractor, trailer, and stacker machinery ma in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Vidarus Manufacturing, Inc.
Elk River, MN· ~28 mi
Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma
- $1.7M
- SBA financing
- ≈ $3.4M–$5.7M
- Est. revenue (rough)
A Top Notch Equipment Inc.
Rogers, MN· ~23 mi
Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma
- $75K
- SBA financing
- ≈ $147K–$245K
- Est. revenue (rough)
Felker Truck, LLC
Hortonville, WI· ~229 mi
Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma
- $3.0M
- SBA financing
- ≈ $6.0M–$10.0M
- Est. revenue (rough)
Brazos Trailer Manufacturing, LLC
Wills Point, TX· ~861 mi
Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
Oxcart Products, LLC
Wichita, KS· ~545 mi
Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Marrosso Express LLC
Dallas, TX· ~855 mi
Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma
- $508K
- SBA financing
- ≈ $996K–$1.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Palmers LLC in Minneapolis, MN (Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma). 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 $1.8M
- On record FY2022
- 9 jobs supported
- Industry: Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma
- Location: Minneapolis, MN
- Lender: Old National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Industrial Truck, Tractor, Trailer, and Stacker Machinery Ma businesses in MN for ~$1.8M 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.
Is Palmers 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 Palmers LLC.