SBA lending record

Spotlite Realty LLC

9563 MADISON ST, Garrison, MN 56450 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$239K

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

$238,500 — FY2020

Gross approval: $238,500
SBA guaranteed: $119,250 (50%)
Status: Paid in full
Rate at approval: 5.55% v
Term: 240 mo (20 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/29/2020
First disbursement: 9/30/2020
Days to fund: 1 days
Paid in full: 1/31/2022
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Security State Bank of Aitkin
Address: 9563 MADISON ST
City: Garrison, 56450
County: Crow Wing
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 8

The lender

Security State Bank of Aitkin

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding full-service restaurants — by location, industry.

SBA lenders in Minnesota Lenders for full-service restaurants Full-Service Restaurants lenders in Minnesota

Similar businesses

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

FireHouse Bar & Grill Inc

Milaca, MN· ~38 mi

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$230K
SBA financing: ≈ $451K–$752K
Est. revenue (rough)

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Blazing Fired Foods LLC

Baxter, MN· ~20 mi

Blaze Pizza

$396K
SBA financing: ≈ $776K–$1.3M
Est. revenue (rough)

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MISTER D'S LLC

Sartell, MN· ~51 mi

Full-Service Restaurants

$216K
SBA financing: ≈ $423K–$706K
Est. revenue (rough)

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Nicolls Cafe

Pine City, MN· ~52 mi

Full-Service Restaurants

$270K
SBA financing: ≈ $529K–$882K
Est. revenue (rough)

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Block North LLC

Aitkin, MN· ~17 mi

Full-Service Restaurants

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

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Affordabel Abodes LLC

Aitkin, MN· ~16 mi

Full-Service Restaurants

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Spotlite Realty LLC in Garrison, MN (Full-Service Restaurants). 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 $239K
On record FY2020
1 jobs supported
Industry: Full-Service Restaurants
Location: Garrison, MN
Lender: Security State Bank of Aitkin

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MN for ~$239k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/spotlite-realty-llc-mn
API:: https://www.capbench.com/api/public/businesses/spotlite-realty-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.

Is Spotlite Realty LLC 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 Spotlite Realty LLC.