SBA lending record
X.Celerated
83 Outer Dr, Silver Bay, MN 55614 · Racetracks. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.0M
Total SBA financing
1
Loan on record
FY2025
On record
15
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$2,000,000 — FY2025
- Gross approval
- $2,000,000
- SBA guaranteed
- $1,500,000 (75%)
- Status
- Cancelled
- Rate at approval
- 10.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/9/2024
- Collateral
- Required
- Jobs supported
- 15
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Racetracks
- NAICS code
- 711212
- Address
- 83 Outer Dr
- City
- Silver Bay, 55614
- County
- Lake
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 8
The lender
Newtek Bank, National Association
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 racetracks — by location, industry.
Similar businesses
Comparable racetracks in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
SLINGER SPEEDWAY LLC
Slinger, WI· ~311 mi
Racetracks
- $2.6M
- SBA financing
- ≈ $5.1M–$8.5M
- Est. revenue (rough)
BERM BENDERS INCORPORATED
Brook Park, MN· ~129 mi
Racetracks
- $786K
- SBA financing
- ≈ $1.5M–$2.6M
- Est. revenue (rough)
NIK INC
Las Vegas, NV· ~1447 mi
Pole Position Raceway - Intellectual Property License Agreem
- $2.1M
- SBA financing
- ≈ $4.1M–$6.9M
- Est. revenue (rough)
Go Figure Racing Inc.
Indianapolis, IN· ~582 mi
Racetracks
- $3.6M
- SBA financing
- ≈ $7.0M–$12M
- Est. revenue (rough)
Stacks and Tracks LLC
Nixa, MO· ~713 mi
Racetracks
- $1.2M
- SBA financing
- ≈ $2.4M–$3.9M
- Est. revenue (rough)
Revolution Park LLC
Monroe, LA· ~1024 mi
Racetracks
- $935K
- SBA financing
- ≈ $1.8M–$3.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for X.Celerated in Silver Bay, MN (Racetracks). 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 $2.0M
- On record FY2025
- 15 jobs supported
- Industry: Racetracks
- Location: Silver Bay, MN
- Lender: Newtek Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Racetracks businesses in MN for ~$2.0M 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 X.Celerated.