SBA lending record
The Sanctuary LLC
222 2Nd Street Nw, Crosby, MN 56441 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$400K
Total SBA financing
1
Loan on record
FY2021
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is The Sanctuary 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.
The loan
$400,000 — FY2021
- Gross approval
- $400,000
- SBA guaranteed
- $360,000 (90%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 249 mo (21 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/9/2021
- First disbursement
- 10/26/2021
- Days to fund
- 47 days
- Collateral
- Required
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Lender
- Deerwood Bank
- Address
- 222 2Nd Street Nw
- City
- Crosby, 56441
- County
- Crow Wing
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 8
The lender
Find SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry.
Similar businesses
Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
1898 Investments LLC
Deerwood, MN· ~7 mi
Hotels (except Casino Hotels) and Motels
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Mission Beach Resort LLC
Merrifield, MN· ~7 mi
Hotels (except Casino Hotels) and Motels
- $700K
- SBA financing
- ≈ $1.4M–$2.3M
- Est. revenue (rough)
JS SPIRIT LAKE LLC
Park Rapids, MN· ~60 mi
Hotels (except Casino Hotels) and Motels
- $315K
- SBA financing
- ≈ $618K–$1.0M
- Est. revenue (rough)
Northwoods Motel Hayward LLC
Hayward, WI· ~122 mi
Hotels (except Casino Hotels) and Motels
- $496K
- SBA financing
- ≈ $972K–$1.6M
- Est. revenue (rough)
Endion Station Hotel LLC
Duluth, MN· ~91 mi
Hotels (except Casino Hotels) and Motels
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Reid Ferguson
Webster, WI· ~91 mi
Hotels (except Casino Hotels) and Motels
- $464K
- SBA financing
- ≈ $910K–$1.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for The Sanctuary LLC in Crosby, MN (Hotels (except Casino Hotels) and Motels). 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 $400K
- On record FY2021
- 5 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Crosby, MN
- Lender: Deerwood Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in MN for ~$400k 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.
Is The Sanctuary LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with The Sanctuary LLC.