SBA lending record
William Selvidge
904 8TH AVE, Howard Lake, MN 55349 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$200K
Total SBA financing
2
Loans on record
FY2022–24
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is William Selvidge your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 2 loans
$30,000 — FY2024
Loan 1 of 2- Gross approval
- $30,000
- SBA guaranteed
- $22,500 (75%)
- Status
- Paid in full
- Rate at approval
- 10% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/2/2023
- First disbursement
- 11/7/2023
- Days to fund
- 5 days
- Paid in full
- 5/31/2025
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Individual
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Local
- NAICS code
- 484110
- Lender
- Hiawatha National Bank
- Address
- 904 8th Ave PO BOX 661
- City
- Howard Lake, 55349
- County
- Wright
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
$170,000 — FY2022
Loan 2 of 2- Gross approval
- $170,000
- SBA guaranteed
- $127,500 (75%)
- Status
- Paid in full
- Rate at approval
- 7.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/12/2022
- First disbursement
- 9/14/2022
- Days to fund
- 2 days
- Paid in full
- 5/31/2025
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Individual
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Local
- NAICS code
- 484110
- Lender
- Hiawatha National Bank
- Address
- 904 8TH AVE
- City
- Howard Lake, 55349
- County
- Wright
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 6
The lender
Hiawatha National Bank
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding general freight trucking, local — by location, industry.
Similar businesses
Comparable general freight trucking, local in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Gt Transport LLC
Buffalo, MN· ~15 mi
General Freight Trucking, Local
- $280K
- SBA financing
- ≈ $549K–$915K
- Est. revenue (rough)
JM Ketter Enterprise LLC
Minneapolis, MN· ~29 mi
General Freight Trucking, Local
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
BERGFORD TRUCKING INC.
St. Michael, MN· ~21 mi
General Freight Trucking, Local
- $157K
- SBA financing
- ≈ $307K–$512K
- Est. revenue (rough)
Jeff Pickus dba Pickus Trucking
Belle Plaine, MN· ~34 mi
General Freight Trucking, Local
- $194K
- SBA financing
- ≈ $381K–$635K
- Est. revenue (rough)
Cory R Neid
Glencoe, MN· ~20 mi
General Freight Trucking, Local
- $88K
- SBA financing
- ≈ $173K–$288K
- Est. revenue (rough)
K-3 TRUCKING LLC
West Saint Paul, MN· ~49 mi
General Freight Trucking, Local
- $183K
- SBA financing
- ≈ $359K–$598K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for William Selvidge in Howard Lake, MN (General Freight Trucking, Local). 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 $200K
- On record FY2022–24
- 4 jobs supported
- Industry: General Freight Trucking, Local
- Location: Howard Lake, MN
- Lender: Hiawatha National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Local businesses in MN for ~$100k 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 2026-06-18.
- 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 William Selvidge your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with William Selvidge.