SBA lending record
True Craft Properties
726 Nelson Dr, Horace, ND 58047 · Lessors of Other Real Estate Property. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$200K
Total SBA financing
1
Loan on record
FY2020
On record
—
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is True Craft Properties your business?
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The loan
$200,100 — FY2020
- Gross approval
- $200,100
- SBA guaranteed
- $100,050 (50%)
- Status
- Paid in full
- Rate at approval
- 5% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/1/2020
- First disbursement
- 7/8/2020
- Days to fund
- 7 days
- Paid in full
- 12/31/2021
- Collateral
- Required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Lessors of Other Real Estate Property
- NAICS code
- 531190
- Lender
- Bank Forward
- Address
- 726 Nelson Dr
- City
- Horace, 58047
- County
- Cass
- SBA district office
- NORTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
The lender
Bank Forward
1 loan to this businessFind SBA lenders for businesses like this
The banks most active funding lessors of other real estate property — by location, industry.
Similar businesses
Comparable lessors of other real estate property in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
802 Properties LLC
Moorhead, MN· ~11 mi
Lessors of Other Real Estate Property
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
THE STICKS BAR AND GRILL LLC
Madison, MN· ~125 mi
Lessors of Other Real Estate Property
- $175K
- SBA financing
- ≈ $343K–$572K
- Est. revenue (rough)
Richard Lees and Sherri Lees
Hibbing, MN· ~192 mi
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- $203K
- SBA financing
- ≈ $398K–$664K
- Est. revenue (rough)
The Garage Guys, LLC
Big Lake, MN· ~181 mi
Lessors of Other Real Estate Property
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Hei Associates LLC
Monticello, MN· ~180 mi
Lessors of Other Real Estate Property
- $370K
- SBA financing
- ≈ $725K–$1.2M
- Est. revenue (rough)
June Creek Holdings, Inc
Willow City, ND· ~187 mi
Lessors of Other Real Estate Property
- $365K
- SBA financing
- ≈ $716K–$1.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for True Craft Properties in Horace, ND (Lessors of Other Real Estate Property). 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 $200K
- On record FY2020
- Industry: Lessors of Other Real Estate Property
- Location: Horace, ND
- Lender: Bank Forward
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Lessors of Other Real Estate Property businesses in ND for ~$200k 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 True Craft Properties 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 True Craft Properties.