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SBA lending record

Springhill Jen, LLC

101 Lake Henry Ave S, Melrose, MN 56352 · Drinking Places (Alcoholic Beverages). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$119K

Total SBA financing

1

Loan on record

FY2023

On record

6

Jobs supported

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

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The loan

$119,200 — FY2023

Gross approval: $119,200
SBA guaranteed: $59,600 (50%)
Status: Current
Rate at approval: 7.95% f
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Business purchase
Approved: 8/23/2023
First disbursement: 8/29/2023
Days to fund: 6 days
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: Change of Ownership
Industry: Drinking Places (Alcoholic Beverages)
NAICS code: 722410
Lender: Bonanza Valley State Bank
Address: 101 Lake Henry Ave S
City: Melrose, 56352
County: Stearns
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 7

The lender

Bonanza Valley State Bank

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding drinking places (alcoholic beverages) — by location, industry.

SBA lenders in Minnesota Lenders for drinking places (alcoholic beverages)Drinking Places (Alcoholic Beverages) lenders in Minnesota

Similar businesses

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

Andy's Hometown Tavern L.L.C.

Eden Valley, MN· ~19 mi

Drinking Places (Alcoholic Beverages)

$146K
SBA financing: ≈ $286K–$477K
Est. revenue (rough)

Terhaar & Olson, LLC

Glenwood, MN· ~21 mi

Drinking Places (Alcoholic Beverages)

$140K
SBA financing: ≈ $275K–$458K
Est. revenue (rough)

slj llc

Albany, MN· ~11 mi

Drinking Places (Alcoholic Beverages)

$202K
SBA financing: ≈ $395K–$658K
Est. revenue (rough)

The Wine Lounge L.L.C.

Hutchinson, MN· ~49 mi

Drinking Places (Alcoholic Beverages)

$110K
SBA financing: ≈ $216K–$359K
Est. revenue (rough)

The Spot for drinks and dining llc

Belgrade, MN· ~10 mi

Drinking Places (Alcoholic Beverages)

$426K
SBA financing: ≈ $835K–$1.4M
Est. revenue (rough)

Happy Hour Bar & Grill

Montgomery, MN· ~97 mi

Drinking Places (Alcoholic Beverages)

$126K
SBA financing: ≈ $247K–$412K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Springhill Jen, LLC in Melrose, MN (Drinking Places (Alcoholic Beverages)). 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 $119K
On record FY2023
6 jobs supported
Industry: Drinking Places (Alcoholic Beverages)
Location: Melrose, MN
Lender: Bonanza Valley State Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Drinking Places (Alcoholic Beverages) businesses in MN for ~$119k 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/springhill-jen-llc-mn
API:: https://www.capbench.com/api/public/businesses/springhill-jen-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 Springhill Jen, 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 Springhill Jen, LLC.

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