SBA lending record
State Supply Co., Inc.
597 7TH ST E, Saint Paul, MN 55130 · Plumbing and Heating Equipment and Supplies (Hydronics) Merc. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$6.7M
Total SBA financing
2
Loans on record
FY2020–25
On record
25
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$4,525,000 — FY2025
Loan 1 of 2- Gross approval
- $4,525,000
- SBA guaranteed
- $3,393,750 (75%)
- Status
- Current
- Rate at approval
- 8% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/8/2025
- First disbursement
- 11/7/2025
- Days to fund
- 60 days
- Collateral
- Required
- Jobs supported
- 25
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- NAICS code
- 423720
- Address
- 5255 East River Road
- City
- Minneapolis, 55421
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
$2,209,700 — FY2020
Loan 2 of 2- Gross approval
- $2,209,700
- SBA guaranteed
- $1,657,275 (75%)
- Status
- Paid in full
- Rate at approval
- 4.9% f
- Term
- 119 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/25/2020
- First disbursement
- 3/31/2020
- Days to fund
- 35 days
- Paid in full
- 8/31/2025
- Collateral
- None
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- NAICS code
- 423720
- Address
- 597 7TH ST E
- City
- Saint Paul, 55130
- County
- Ramsey
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
The lenders
Find SBA lenders for businesses like this
The banks most active funding plumbing and heating equipment and supplies (hydronics) merc — by location, industry.
Similar businesses
Comparable plumbing and heating equipment and supplies (hydronics) merc in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Michel Sales Agency, Inc.
Saint Paul, MN· ~1 mi
Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- $1.5M
- SBA financing
- ≈ $3.0M–$5.0M
- Est. revenue (rough)
ENGINEERED SALES CO
Minneapolis, MN· ~13 mi
Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- $219K
- SBA financing
- ≈ $429K–$715K
- Est. revenue (rough)
Conmek Reps Inc.
Stillwater, MN· ~18 mi
Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- $104K
- SBA financing
- ≈ $204K–$340K
- Est. revenue (rough)
LOGAN COMPANIES
Andover, MN· ~23 mi
Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Kully Supply, Inc.
Burnsville, MN· ~18 mi
Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Compotite Solutions, LLC
Rexburg, ID· ~927 mi
Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for State Supply Co., Inc. in Saint Paul, MN (Plumbing and Heating Equipment and Supplies (Hydronics) Merc). 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.
- 2 SBA 7(a) loans totaling $6.7M
- On record FY2020–25
- 25 jobs supported
- Industry: Plumbing and Heating Equipment and Supplies (Hydronics) Merc
- Location: Saint Paul, MN
- Lenders: Wells Fargo Bank National Association, Alerus Financial, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Plumbing and Heating Equipment and Supplies (Hydronics) Merc businesses in MN for ~$3.4M 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 2026-06-17.
- 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 State Supply Co., Inc..