SBA lending record

Spark Music Studio, LLC

10360 Nathan Lane N, Maple Grove, MN 55369 · Musical Instrument and Supplies Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$267K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$266,500 — FY2020

Gross approval: $266,500
SBA guaranteed: $199,875 (75%)
Status: Current
Rate at approval: 4.5% f
Term: 245 mo (20 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/6/2019
First disbursement: 12/31/2019
Days to fund: 25 days
Collateral: Required
Jobs supported: 4
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Musical Instrument and Supplies Stores
NAICS code: 451140
Lender: Old National Bank
Address: 10360 Nathan Lane N
City: Maple Grove, 55369
County: Anoka
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

The lender

Old National Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding musical instrument and supplies stores — by location, industry.

SBA lenders in Minnesota Lenders for musical instrument and supplies stores Musical Instrument and Supplies Stores lenders in Minnesota

Similar businesses

Comparable musical instrument and supplies stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Total Music Systems, Inc.

Minneapolis, MN· ~14 mi

Musical Instrument and Supplies Stores

$229K
SBA financing: ≈ $448K–$747K
Est. revenue (rough)

View record

Christopher Quinn Violins, Incorporated

Minneapolis, MN· ~14 mi

Musical Instrument and Supplies Stores

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

View record

Boomer Music, LLC

St. Paul, MN· ~18 mi

School of Rock

$440K
SBA financing: ≈ $863K–$1.4M
Est. revenue (rough)

View record

Clarus Expert Technical, LLC

Saint Paul, MN· ~19 mi

Musical Instrument and Supplies Stores

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

View record

Barrett's Music, LLC

Saint Joseph, MN· ~53 mi

Musical Instrument and Supplies Stores

$148K
SBA financing: ≈ $289K–$482K
Est. revenue (rough)

View record

Mike's Music & Sound, Inc.

Fond Du Lac, WI· ~262 mi

Musical Instrument and Supplies Stores

$264K
SBA financing: ≈ $517K–$861K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Spark Music Studio, LLC in Maple Grove, MN (Musical Instrument and Supplies Stores). 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 $267K
On record FY2020
4 jobs supported
Industry: Musical Instrument and Supplies Stores
Location: Maple Grove, MN
Lender: Old National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Musical Instrument and Supplies Stores businesses in MN for ~$267k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/spark-music-studio-llc-mn
API:: https://www.capbench.com/api/public/businesses/spark-music-studio-llc-mn
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 Spark Music Studio, LLC.