SBA lending record
The Source Room, LLC
6 Second Street NE, Buffalo, MN 55313 · All Other Professional, Scientific, and Technical Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$250K
Total SBA financing
2
Loans on record
FY2020–25
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$150,000 — FY2025
Loan 1 of 2- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 60 mo (5 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/4/2025
- First disbursement
- 9/11/2025
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Interior Design Services
- NAICS code
- 541410
- Lender
- Minnwest Bank
- Address
- 1 DIVISION ST E
- City
- Buffalo, 55313
- County
- Wright
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
$100,000 — FY2020
Loan 2 of 2- Gross approval
- $100,000
- SBA guaranteed
- $85,000 (85%)
- Status
- Paid in full
- Rate at approval
- 7.25% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/14/2020
- First disbursement
- 2/29/2020
- Days to fund
- 15 days
- Paid in full
- 10/31/2022
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- All Other Professional, Scientific, and Technical Services
- NAICS code
- 541990
- Lender
- Minnwest Bank
- Address
- 6 Second Street NE
- City
- Buffalo, 55313
- County
- Wright
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
The lender
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The banks most active funding all other professional, scientific, and technical services — by location, industry.
Similar businesses
Comparable all other professional, scientific, and technical services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
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Agent summary
This page summarizes the public SBA 7(a) lending record for The Source Room, LLC in Buffalo, MN (All Other Professional, Scientific, and Technical Services). 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 $250K
- On record FY2020–25
- 6 jobs supported
- Industry: All Other Professional, Scientific, and Technical Services
- Location: Buffalo, MN
- Lender: Minnwest Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Professional, Scientific, and Technical Services businesses in MN for ~$125k 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 The Source Room, LLC.