SBA lending record
Rapid Plumbing, LLC
3603 320th Street, Cushing, MN 56443 · Plumbing, Heating, and Air-Conditioning Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$360K
Total SBA financing
1
Loan on record
FY2021
On record
8
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$360,000 — FY2021
- Gross approval
- $360,000
- SBA guaranteed
- $324,000 (90%)
- Status
- Current
- Rate at approval
- 4.99% f
- Term
- 180 mo (15 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/25/2021
- First disbursement
- 6/1/2021
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Lender
- Sherburne State Bank
- Address
- 3603 320th Street
- City
- Cushing, 56443
- County
- Morrison
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
The lender
Find SBA lenders for businesses like this
The banks most active funding plumbing, heating, and air-conditioning contractors — by location, industry.
Similar businesses
Comparable plumbing, heating, and air-conditioning contractors in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Meehl Mechanical LLC
Royalton, MN· ~31 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Kraemer Heating & A/C, LLC
Freeport, MN· ~38 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $459K
- SBA financing
- ≈ $900K–$1.5M
- Est. revenue (rough)
Dierkes Heating and Air L.L.C.
Waite Park, MN· ~51 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $352K
- SBA financing
- ≈ $690K–$1.2M
- Est. revenue (rough)
Brivor Properties LLC
Brainerd, MN· ~19 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $1.0M
- SBA financing
- ≈ $2.1M–$3.4M
- Est. revenue (rough)
Mohr Plumbing and Heating Of Morris, Inc.
Morris, MN· ~78 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
RISER PLUMBING INC
Montrose, MN· ~90 mi
Plumbing, Heating, and Air-Conditioning Contractors
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Rapid Plumbing, LLC in Cushing, MN (Plumbing, Heating, and Air-Conditioning Contractors). 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 $360K
- On record FY2021
- 8 jobs supported
- Industry: Plumbing, Heating, and Air-Conditioning Contractors
- Location: Cushing, MN
- Lender: Sherburne State Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Plumbing, Heating, and Air-Conditioning Contractors businesses in MN for ~$360k 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 Rapid Plumbing, 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 Rapid Plumbing, LLC.