SBA lending record
Richard Larson Builders, Inc
640 ADAMS ST se, Hutchinson, MN 55350 · New Single-Family Housing Construction (except For-Sale Buil. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$75K
Total SBA financing
1
Loan on record
FY2020
On record
16
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$75,000 — FY2020
- Gross approval
- $75,000
- SBA guaranteed
- $37,500 (50%)
- Status
- Paid in full
- Rate at approval
- 6% f
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/27/2020
- First disbursement
- 3/31/2020
- Days to fund
- 33 days
- Paid in full
- 3/31/2023
- Collateral
- Required
- Jobs supported
- 16
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- New Single-Family Housing Construction (except For-Sale Buil
- NAICS code
- 236115
- Lender
- Citizens Bank & Trust Co
- Address
- 640 ADAMS ST se
- City
- Hutchinson, 55350
- County
- Mcleod
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
The lender
Citizens Bank & Trust Co
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 new single-family housing construction (except for-sale buil — by location, industry.
Similar businesses
Comparable new single-family housing construction (except for-sale buil in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
GREATLAND HOMES CONSTRUCTION LLC
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- SBA financing
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- Est. revenue (rough)
Centennial Builders LLC
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- SBA financing
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ADVANCED CONCRETE CONSTRUCTION INC
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- $91K
- SBA financing
- ≈ $178K–$297K
- Est. revenue (rough)
Square Konstruktion LLC
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- $95K
- SBA financing
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- Est. revenue (rough)
Full circle maintenance LLC
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New Single-Family Housing Construction (except For-Sale Buil
- $50K
- SBA financing
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- Est. revenue (rough)
Easy Construction Solutions L.L.C.
Princeton, MN· ~61 mi
New Single-Family Housing Construction (except For-Sale Buil
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- SBA financing
- ≈ $89K–$149K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Richard Larson Builders, Inc in Hutchinson, MN (New Single-Family Housing Construction (except For-Sale Buil). 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 $75K
- On record FY2020
- 16 jobs supported
- Industry: New Single-Family Housing Construction (except For-Sale Buil
- Location: Hutchinson, MN
- Lender: Citizens Bank & Trust Co
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with New Single-Family Housing Construction (except For-Sale Buil businesses in MN for ~$75k 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 Richard Larson Builders, Inc 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 Richard Larson Builders, Inc.