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SBA lending record

TR Concrete, Inc.

20002 FERRET ST, Elk River, MN 55330 · Poured Concrete Foundation and Structure Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.5M

Total SBA financing

2

Loans on record

FY2020

On record

26

Jobs supported

business — business location is the ZIP-area centroid from the public record

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All 2 loans

$87,700 — FY2020

Loan 1 of 2
Gross approval
$87,700
SBA guaranteed
$43,850 (50%)
Status
Paid in full
Rate at approval
5% f
Term
36 mo (3 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
6/24/2020
First disbursement
7/31/2020
Days to fund
37 days
Paid in full
6/30/2023
Collateral
Required
Jobs supported
10
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Poured Concrete Foundation and Structure Contractors
NAICS code
238110
Address
20002 FERRET ST
City
Elk River, 55330
County
Sherburne
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
6

$1,400,000 — FY2020

Loan 2 of 2
Gross approval
$1,400,000
SBA guaranteed
$1,050,000 (75%)
Status
Current
Rate at approval
5.25% v
Term
120 mo (10 yr)
Program
7a General
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
9/24/2020
First disbursement
9/30/2020
Days to fund
6 days
Collateral
Required
Jobs supported
16
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Poured Concrete Foundation and Structure Contractors
NAICS code
238110
Address
20002 Ferret Street Northwest
City
Nowthen, 55330
County
Sherburne
SBA district office
MINNESOTA DISTRICT OFFICE
Congressional district
6

The lender

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Similar businesses

Comparable poured concrete foundation and structure contractors in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for TR Concrete, Inc. in Elk River, MN (Poured Concrete Foundation and Structure Contractors). 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 $1.5M
  • On record FY2020
  • 26 jobs supported
  • Industry: Poured Concrete Foundation and Structure Contractors
  • Location: Elk River, MN
  • Lender: Granite Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Poured Concrete Foundation and Structure Contractors businesses in MN for ~$744k 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.
  • 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 TR Concrete, Inc..

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