SBA lending record
Vantastic Transit LLC
117 S WASHINGTON ST, Lake City, MN 55041 · All Other Transit and Ground Passenger Transportation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$155K
Total SBA financing
2
Loans on record
FY2024
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$105,000 — FY2024
Loan 1 of 2- Gross approval
- $105,000
- SBA guaranteed
- $89,250 (85%)
- Status
- Paid in full
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/8/2024
- First disbursement
- 2/12/2024
- Days to fund
- 4 days
- Paid in full
- 5/31/2025
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- All Other Transit and Ground Passenger Transportation
- NAICS code
- 485999
- Address
- 117 S WASHINGTON ST
- City
- Lake City, 55041
- County
- Wabasha
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 2
$50,000 — FY2024
Loan 2 of 2- Gross approval
- $50,000
- SBA guaranteed
- $42,500 (85%)
- Status
- Cancelled
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/3/2024
- Collateral
- Required
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- All Other Transit and Ground Passenger Transportation
- NAICS code
- 485999
- Lender
- Northeast Bank
- Address
- 117 S Washington St Suite 106
- City
- Lake City, 55041
- County
- Wabasha
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 2
The lenders
The Huntington National Bank
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 all other transit and ground passenger transportation — by location, industry.
Similar businesses
Comparable all other transit and ground passenger transportation in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
SUPERIOR MOBILITY CO LLC
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- SBA financing
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- Est. revenue (rough)
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- SBA financing
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https://derrickstransportation.com
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- SBA financing
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- Est. revenue (rough)
Sunnys Transport LLC
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All Other Transit and Ground Passenger Transportation
- $325K
- SBA financing
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- Est. revenue (rough)
Peace Mobility Inc
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- SBA financing
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- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Vantastic Transit LLC in Lake City, MN (All Other Transit and Ground Passenger Transportation). 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 $155K
- On record FY2024
- 6 jobs supported
- Industry: All Other Transit and Ground Passenger Transportation
- Location: Lake City, MN
- Lenders: The Huntington National Bank, Northeast Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Transit and Ground Passenger Transportation businesses in MN for ~$78k 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 Vantastic Transit LLC.