SBA lending record
SMC ASHTON INC
3840 BOONE AVENUE NORTH, New Hope, MN 55427 · Residential Mental Health and Substance Abuse Facilities. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.1M
Total SBA financing
3
Loans on record
FY2023
On record
141
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$351,000 — FY2023
Loan 1 of 3- Gross approval
- $351,000
- SBA guaranteed
- $263,250 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/22/2023
- First disbursement
- 4/3/2023
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 47
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Residential Mental Health and Substance Abuse Facilities
- NAICS code
- 623220
- Lender
- Live Oak Banking Company
- Address
- 3840 BOONE AVENUE NORTH
- City
- New Hope, 55427
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 5
$300,000 — FY2023
Loan 2 of 3- Gross approval
- $300,000
- SBA guaranteed
- $150,000 (50%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/22/2023
- First disbursement
- 4/3/2023
- Days to fund
- 12 days
- Collateral
- Required
- Jobs supported
- 47
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Residential Mental Health and Substance Abuse Facilities
- NAICS code
- 623220
- Lender
- Live Oak Banking Company
- Address
- 3840 BOONE AVENUE NORTH
- City
- New Hope, 55427
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 5
$3,420,000 — FY2023
Loan 3 of 3- Gross approval
- $3,420,000
- SBA guaranteed
- $2,565,000 (75%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/22/2023
- First disbursement
- 4/3/2023
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 47
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Residential Mental Health and Substance Abuse Facilities
- NAICS code
- 623220
- Lender
- Live Oak Banking Company
- Address
- 3840 BOONE AVENUE NORTH
- City
- New Hope, 55427
- County
- Hennepin
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 5
The lender
Live Oak Banking Company
3 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding residential mental health and substance abuse facilities — by location, industry.
Similar businesses
Comparable residential mental health and substance abuse facilities in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
SMC RISON INC
Faribault, MN· ~51 mi
Residential Mental Health and Substance Abuse Facilities
- $3.3M
- SBA financing
- ≈ $6.4M–$11M
- Est. revenue (rough)
SMC CARE INC
Faribault, MN· ~51 mi
Residential Mental Health and Substance Abuse Facilities
- $3.3M
- SBA financing
- ≈ $6.4M–$11M
- Est. revenue (rough)
SHILOH LAWLESS LLC
Saint Peter, MN· ~55 mi
Residential Mental Health and Substance Abuse Facilities
- $2.9M
- SBA financing
- ≈ $5.7M–$9.5M
- Est. revenue (rough)
Amethyst Grand LLC
Saint Paul, MN· ~14 mi
Residential Mental Health and Substance Abuse Facilities
- $927K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
HEALING HOME LLC
Saint Paul, MN· ~15 mi
Residential Mental Health and Substance Abuse Facilities
- $916K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
BAARI COMMUNITY SERVICES LLC
Saint Paul, MN· ~16 mi
Residential Mental Health and Substance Abuse Facilities
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for SMC ASHTON INC in New Hope, MN (Residential Mental Health and Substance Abuse Facilities). 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.
- 3 SBA 7(a) loans totaling $4.1M
- On record FY2023
- 141 jobs supported
- Industry: Residential Mental Health and Substance Abuse Facilities
- Location: New Hope, MN
- Lender: Live Oak Banking Company
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Residential Mental Health and Substance Abuse Facilities businesses in MN for ~$1.4M 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 2026-06-18.
- 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 SMC ASHTON INC.