SBA lending record
The Sound Connection, Inc
49 2nd Avenue S., Waite Park, MN 56387 · Automotive Parts and Accessories Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
3
Loans on record
FY2022–23
On record
45
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$250,000 — FY2023
Loan 1 of 3- Gross approval
- $250,000
- SBA guaranteed
- $125,000 (50%)
- Status
- Paid in full
- Rate at approval
- 9.25% v
- Term
- 11 mo (1 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/17/2023
- First disbursement
- 1/29/2023
- Days to fund
- 12 days
- Paid in full
- 2/29/2024
- Collateral
- Required
- Jobs supported
- 15
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Automotive Parts and Accessories Retailers
- NAICS code
- 441330
- Lender
- Kensington Bank
- Address
- 49 2ND AVE
- City
- Waite Park, 56387
- County
- Stearns
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
$794,500 — FY2022
Loan 2 of 3- Gross approval
- $794,500
- SBA guaranteed
- $595,875 (75%)
- Status
- Current
- Rate at approval
- 5% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/7/2022
- First disbursement
- 1/26/2022
- Days to fund
- 19 days
- Collateral
- Required
- Jobs supported
- 15
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Automotive Parts and Accessories Stores
- NAICS code
- 441310
- Lender
- Kensington Bank
- Address
- 49 2nd Avenue S.
- City
- Waite Park, 56387
- County
- Stearns
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
$150,000 — FY2022
Loan 3 of 3- Gross approval
- $150,000
- SBA guaranteed
- $75,000 (50%)
- Status
- Paid in full
- Rate at approval
- 5% v
- Term
- 25 mo (2 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/20/2022
- First disbursement
- 2/24/2022
- Days to fund
- 35 days
- Paid in full
- 3/31/2024
- Collateral
- Required
- Jobs supported
- 15
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Electronics Stores
- NAICS code
- 443142
- Lender
- Kensington Bank
- Address
- 49 2ND AVE N
- City
- Waite Park, 56387
- County
- Stearns
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
The lender
Kensington Bank
3 loans to this businessFind SBA lenders for businesses like this
The banks most active funding automotive parts and accessories stores — by location, industry.
Similar businesses
Comparable automotive parts and accessories stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Twin Cities Logistics Inc.
Blaine, MN· ~54 mi
Automotive Parts and Accessories Stores
- $786K
- SBA financing
- ≈ $1.5M–$2.6M
- Est. revenue (rough)
MOHR PARTS & SUPPLIES, INC.
Hinckley, MN· ~70 mi
Automotive Parts and Accessories Stores
- $640K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
Atlas Holdings STP, LLC
Saint Paul, MN· ~68 mi
Automotive Parts and Accessories Stores
- $844K
- SBA financing
- ≈ $1.7M–$2.8M
- Est. revenue (rough)
Carlson Parts Stores LLC
Fosston, MN· ~158 mi
Automotive Parts and Accessories Stores
- $1.4M
- SBA financing
- ≈ $2.7M–$4.6M
- Est. revenue (rough)
KD Customs LLC
Iron Ridge, WI· ~317 mi
Automotive Parts and Accessories Stores
- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
Midwest Detail Supply Company LLC
Lake City, MN· ~121 mi
Automotive Parts and Accessories Stores
- $675K
- SBA financing
- ≈ $1.3M–$2.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for The Sound Connection, Inc in Waite Park, MN (Automotive Parts and Accessories Stores). 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 $1.2M
- On record FY2022–23
- 45 jobs supported
- Industry: Automotive Parts and Accessories Stores
- Location: Waite Park, MN
- Lender: Kensington Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Automotive Parts and Accessories Stores businesses in MN for ~$398k 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 2026-06-24.
- 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 The Sound Connection, Inc.