SBA lending record
Tower Capital LLC
1960 SUBURBAN AVE, Saint Paul, MN 55119 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2022
On record
72
Jobs supported
Franchise brand
Sonic
See Sonic's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
Is Tower Capital 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
$5,000,000 — FY2022
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 5.2% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/22/2022
- First disbursement
- 3/18/2022
- Days to fund
- 24 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 72
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Franchise
- Sonic
- Franchise code
- S1598
- Lender
- Live Oak Banking Company
- Address
- 1960 SUBURBAN AVE
- City
- Saint Paul, 55119
- County
- Ramsey
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
The lender
Live Oak Banking Company
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding limited-service restaurants — by location, industry, and brand.
Other Sonic locations
Other Sonic businesses in the public SBA record — closest first, by location and deal size.
Smooth Seas Holdings LLC
Miami Gardens, FL· ~1492 mi
Sonic
- $4.5M
- SBA financing
- ≈ $8.7M–$15M
- Est. revenue (rough)
HHB of Cranston, Inc.
Cranston, RI· ~1102 mi
Sonic
- $2.9M
- SBA financing
- ≈ $5.6M–$9.4M
- Est. revenue (rough)
Elite Drive-Ins, LLC
Sacramento, CA· ~1527 mi
Sonic
- $3.5M
- SBA financing
- ≈ $6.9M–$11M
- Est. revenue (rough)
TBHCV LLC
Pleasanton, CA· ~1570 mi
Sonic
- $3.1M
- SBA financing
- ≈ $6.0M–$10M
- Est. revenue (rough)
Sonic Drive Ins Hayward; Sonic Drive Ins Salinas; Sonic Drive Ins Gilroy
Hayward, CA· ~1580 mi
Sonic
- $2.5M
- SBA financing
- ≈ $4.8M–$8.0M
- Est. revenue (rough)
Shattuck Sonic Drive-In Management LLC
Woodward, OK
Sonic
- $801K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
Similar businesses
Comparable limited-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
BKT Operations LLC
Lake Elmo, MN· ~5 mi
Limited-Service Restaurants
- $4.8M
- SBA financing
- ≈ $9.4M–$16M
- Est. revenue (rough)
SPCO2, LLC
Roseville, MN· ~6 mi
Jimmy John's
- $4.3M
- SBA financing
- ≈ $8.4M–$14M
- Est. revenue (rough)
Blue Ribbon Hospitality, Inc.
Coon Rapids, MN· ~19 mi
Culver's ButterBurgers & Frozen Custard
- $4.7M
- SBA financing
- ≈ $9.1M–$15M
- Est. revenue (rough)
TANEJA RESTAURANTS LLC
Lino Lakes, MN· ~15 mi
Dunkin' Donuts
- $4.1M
- SBA financing
- ≈ $8.0M–$13M
- Est. revenue (rough)
PMG 56 LLC, Chan Series
Chanhassen, MN· ~27 mi
Jersey Mike's
- $3.4M
- SBA financing
- ≈ $6.6M–$11M
- Est. revenue (rough)
La Palma Properties II, LLC
Brooklyn Center, MN· ~16 mi
Limited-Service Restaurants
- $2.3M
- SBA financing
- ≈ $4.5M–$7.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Tower Capital LLC in Saint Paul, MN (Limited-Service Restaurants). 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 $5.0M
- On record FY2022
- 72 jobs supported
- Industry: Limited-Service Restaurants
- Location: Saint Paul, MN
- Lender: Live Oak Banking Company
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in MN for ~$5.0M 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 Tower Capital 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 Tower Capital LLC.