SBA lending record
TSI Plastics, Inc.
10053 FLANDERS CT NE, Anoka, MN 55449 · Other Miscellaneous Durable Goods Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.9M
Total SBA financing
3
Loans on record
FY2020–24
On record
93
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$1,524,200 — FY2024
Loan 1 of 3- Gross approval
- $1,524,200
- SBA guaranteed
- $1,143,150 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 123 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/11/2024
- First disbursement
- 12/20/2024
- Days to fund
- 100 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 43
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- All Other Plastics Product Manufacturing
- NAICS code
- 326199
- Lender
- Platinum Bank
- Address
- 1100 Mckinley St
- City
- Anoka, 55303
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
$1,856,000 — FY2023
Loan 2 of 3- Gross approval
- $1,856,000
- SBA guaranteed
- $1,392,000 (75%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 123 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/18/2023
- First disbursement
- 7/21/2023
- Days to fund
- 3 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 13
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- All Other Plastics Product Manufacturing
- NAICS code
- 326199
- Lender
- Platinum Bank
- Address
- 1100 McKinley Street
- City
- Anoka, 55303
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 3
$500,000 — FY2020
Loan 3 of 3- Gross approval
- $500,000
- SBA guaranteed
- $450,000 (90%)
- Status
- Cancelled
- Rate at approval
- 4.25% v
- Term
- 12 mo (1 yr)
- Program
- 7a with EWCP
- Subprogram
- Revolving Line of Credit Expor
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/15/2020
- Collateral
- Required
- Jobs supported
- 37
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Other Miscellaneous Durable Goods Merchant Wholesalers
- NAICS code
- 423990
- Lender
- Platinum Bank
- Address
- 10053 FLANDERS CT NE
- City
- Anoka, 55449
- County
- Anoka
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 4
The lender
Find SBA lenders for businesses like this
The banks most active funding other miscellaneous durable goods merchant wholesalers — by location, industry.
Similar businesses
Comparable other miscellaneous durable goods merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Service Lighting, Inc.
Maple Grove, MN· ~12 mi
Other Miscellaneous Durable Goods Merchant Wholesalers
- $1.8M
- SBA financing
- ≈ $3.5M–$5.9M
- Est. revenue (rough)
Quality Connection of St Croix, Inc
Rogers, MN· ~19 mi
Other Miscellaneous Durable Goods Merchant Wholesalers
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
SPORTAFENCE INC.
Lake Elmo, MN· ~19 mi
Other Miscellaneous Durable Goods Merchant Wholesalers
- $1.2M
- SBA financing
- ≈ $2.3M–$3.8M
- Est. revenue (rough)
Smith Sharpe Refractory, Inc.
Minneapolis, MN· ~11 mi
Other Miscellaneous Durable Goods Merchant Wholesalers
- $606K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
REPAIR LLC
Saint Paul, MN· ~11 mi
Other Miscellaneous Durable Goods Merchant Wholesalers
- $10K
- SBA financing
- ≈ $20K–$33K
- Est. revenue (rough)
VeraTech, Incorporated
Minnetonka, MN· ~21 mi
Other Miscellaneous Durable Goods Merchant Wholesalers
- $937K
- SBA financing
- ≈ $1.8M–$3.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for TSI Plastics, Inc. in Anoka, MN (Other Miscellaneous Durable Goods Merchant Wholesalers). 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 $3.9M
- On record FY2020–24
- 93 jobs supported
- Industry: Other Miscellaneous Durable Goods Merchant Wholesalers
- Location: Anoka, MN
- Lender: Platinum Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Miscellaneous Durable Goods Merchant Wholesalers businesses in MN for ~$1.3M 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 TSI Plastics, Inc..