SBA lending record
RWJ DEVELOPMENT, LLC
1150 39TH AVE NE, Sauk Rapids, MN 56379 · Sporting and Athletic Goods Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$238K
Total SBA financing
1
Loan on record
FY2020
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$237,900 — FY2020
- Gross approval
- $237,900
- SBA guaranteed
- $178,425 (75%)
- Status
- Current
- Rate at approval
- 4.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/10/2020
- First disbursement
- 9/30/2020
- Days to fund
- 20 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Sporting and Athletic Goods Manufacturing
- NAICS code
- 339920
- Lender
- MidCountry Bank
- Address
- 1150 39TH AVE NE
- City
- Sauk Rapids, 56379
- County
- Benton
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
The lender
Find SBA lenders for businesses like this
The banks most active funding sporting and athletic goods manufacturing — by location, industry.
Similar businesses
Comparable sporting and athletic goods manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Johnny Schwaller Golf Shop LLC
Waconia, MN· ~52 mi
Sporting and Athletic Goods Manufacturing
- $219K
- SBA financing
- ≈ $429K–$715K
- Est. revenue (rough)
PORTOLITE PITCHING MOUNDS LLC
Winsted, MN· ~43 mi
Sporting and Athletic Goods Manufacturing
- $98K
- SBA financing
- ≈ $192K–$320K
- Est. revenue (rough)
SVEN'S SLEEVE INC.
Chisago City, MN· ~63 mi
Sporting and Athletic Goods Manufacturing
- $154K
- SBA financing
- ≈ $303K–$505K
- Est. revenue (rough)
Hokolesqua LLC
Long Lake, MN· ~49 mi
Sporting and Athletic Goods Manufacturing
- $709K
- SBA financing
- ≈ $1.4M–$2.3M
- Est. revenue (rough)
Compass Carts, LLC
Rochester, MN· ~129 mi
Sporting and Athletic Goods Manufacturing
- $221K
- SBA financing
- ≈ $433K–$722K
- Est. revenue (rough)
QUIK-BAND LLC
Brooklyn Park, MN· ~48 mi
Sporting and Athletic Goods Manufacturing
- $24K
- SBA financing
- ≈ $47K–$78K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for RWJ DEVELOPMENT, LLC in Sauk Rapids, MN (Sporting and Athletic Goods 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 $238K
- On record FY2020
- 2 jobs supported
- Industry: Sporting and Athletic Goods Manufacturing
- Location: Sauk Rapids, MN
- Lender: MidCountry Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sporting and Athletic Goods Manufacturing businesses in MN for ~$238k 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 RWJ DEVELOPMENT, LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 RWJ DEVELOPMENT, LLC.