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SBA lending record

Vision Electrical Services Inc

7953 College Rd Suite 105, Baxter, MN 56425 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$882K

Total SBA financing

1

Loan on record

FY2020

On record

18

Jobs supported

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

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The loan

$882,300 — FY2020

Gross approval: $882,300
SBA guaranteed: $661,725 (75%)
Status: Paid in full
Rate at approval: 6.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 1/27/2020
First disbursement: 1/31/2020
Days to fund: 4 days
Paid in full: 7/31/2024
Collateral: Required
Jobs supported: 18
Business type: Corporation
Business age: Change of Ownership
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Frandsen Bank and Trust
Address: 7953 College Rd Suite 105
City: Baxter, 56425
County: Crow Wing
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 8

The lender

Frandsen Bank and Trust

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 electrical contractors and other wiring installation contrac — by location, industry.

SBA lenders in Minnesota Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Minnesota

Similar businesses

Comparable electrical contractors and other wiring installation contrac in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

MLI Inc

Rice, MN· ~41 mi

Electrical Contractors and Other Wiring Installation Contrac

$1.3M
SBA financing: ≈ $2.6M–$4.4M
Est. revenue (rough)

Sound Communications

Hamel, MN· ~93 mi

Electrical Contractors and Other Wiring Installation Contrac

$900K
SBA financing: ≈ $1.8M–$2.9M
Est. revenue (rough)

Electric Motor Service Inc

Saint Cloud, MN· ~55 mi

Electrical Contractors and Other Wiring Installation Contrac

$1.7M
SBA financing: ≈ $3.4M–$5.6M
Est. revenue (rough)

CUSTOM ELECTRICAL SERVICES INC

Maplewood, MN· ~116 mi

Electrical Contractors and Other Wiring Installation Contrac

$833K
SBA financing: ≈ $1.6M–$2.7M
Est. revenue (rough)

Swenson Electric, LLC

Brainerd, MN· ~4 mi

Electrical Contractors and Other Wiring Installation Contrac

$102K
SBA financing: ≈ $201K–$335K
Est. revenue (rough)

Accent Electric & Automation

Monticello, MN· ~76 mi

Electrical Contractors and Other Wiring Installation Contrac

$1.6M
SBA financing: ≈ $3.1M–$5.1M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Vision Electrical Services Inc in Baxter, MN (Electrical Contractors and Other Wiring Installation Contrac). 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 $882K
On record FY2020
18 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Baxter, MN
Lender: Frandsen Bank and Trust

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Contractors and Other Wiring Installation Contrac businesses in MN for ~$882k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/vision-electrical-services-inc-mn
API:: https://www.capbench.com/api/public/businesses/vision-electrical-services-inc-mn
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 Vision Electrical Services Inc 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 Vision Electrical Services Inc.

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