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SBA lending record

Spot Spa, LLC

514 2ND ST SE, Minneapolis, MN 55414 · Other Personal Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.1M

Total SBA financing

3

Loans on record

FY2021–26

On record

400

Jobs supported

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

Is Spot Spa, LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

All 3 loans

$2,370,800 — FY2026

Loan 1 of 3
Gross approval
$2,370,800
SBA guaranteed
$1,778,100 (75%)
Status
Committed
Rate at approval
8.75% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
3/25/2026
Collateral
Required
Jobs supported
234
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Other Personal Care Services
NAICS code
812199
Address
110 5th Avenue SE, Ste. 100
City
Minneapolis, 55414
County
Hennepin
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
4

$50,000 — FY2021

Loan 2 of 3
Gross approval
$50,000
SBA guaranteed
$37,500 (75%)
Status
Cancelled
Rate at approval
6% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
6/14/2021
Collateral
Required
Jobs supported
63
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Other Personal Care Services
NAICS code
812199
Address
514 2ND ST SE
City
Minneapolis, 55414
County
Hennepin
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
4

$687,500 — FY2021

Loan 3 of 3
Gross approval
$687,500
SBA guaranteed
$618,750 (90%)
Status
Current
Rate at approval
6% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
6/14/2021
First disbursement
6/30/2021
Days to fund
16 days
Collateral
Required
Jobs supported
103
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Other Personal Care Services
NAICS code
812199
Address
514 2ND ST SE
City
Minneapolis, 55414
County
Hennepin
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
4

The lender

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The banks most active funding other personal care services — by location, industry.

Similar businesses

Comparable other personal care services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for Spot Spa, LLC in Minneapolis, MN (Other Personal Care Services). 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 $3.1M
  • On record FY2021–26
  • 400 jobs supported
  • Industry: Other Personal Care Services
  • Location: Minneapolis, MN
  • Lender: Sunrise Banks National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Personal Care Services businesses in MN for ~$1.0M 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.
  • 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 Spot Spa, LLC.

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