Retail & Shops · lender intelligence

How to finance a Clothes Mentor in Minnesota

State:

Arizona (2)Georgia (1)Kansas (1)Kentucky (1)Maryland (1)Texas (4)

The SBA 7(a) lenders funding the most Clothes Mentor deals in Minnesota, from public loan records — typical Clothes Mentor loan about $286K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Clothes Mentor in Minnesota

$176K

Typical loan

range $25K–$228K

$196K

Est. purchase price

≈ loan ÷ 90%

$26,156

Cash to close

$19,556 down + fees

$2,576/mo

Typical payment

~12.5% · 10yr

$35,549/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

8 days

Typical time to fund

Lenders competing

more = leverage

6.9%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with Clothes Mentor in Minnesota

Ranked by funded Clothes Mentor loans in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.

1.23 loans · $18M · Saint Paul, MNFull record →
2.3 loans · $1M · Saint Francis, MNFull record →

5+ funded Clothes Mentor in Minnesota deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Stylish Chic LLC in Coon Rapids, MN — $392K (2022) · purchase · Village Bank
Program
Preferred Lenders Program
Rate at approval
6% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$294K (75%)
Approval → funding
2 days
Approved
6/22/2022
First disbursed
6/24/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
21
Business age
Change of Ownership
Industry
Used Merchandise Stores
If you were the buyer here
Est. deal size
$435K
Est. down payment (10%)
$44K
Est. cash at closing
$58K
Monthly payment
$4,346
Annual debt service
$52K
Cash flow needed (1.25×)
$65K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Village Bank · Lender record →
Your business? Claim this record · Request removal
Renewed LLC in Burnsville, MN — $228K (2022) · Sunrise Banks National Association
Program
Preferred Lenders Program
Rate at approval
6.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$171K (75%)
Approval → funding
8 days
Approved
4/26/2022
First disbursed
5/4/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
28
Business age
Startup, Loan Funds will Open Business
Industry
Used Merchandise Retailers
Funded by Sunrise Banks National Association · Lender record →
Your business? Claim this record · Request removal
Jeans Washington LLC in Maple Grove, MN — $176K (2022) · Sunrise Banks National Association
Program
Preferred Lenders Program
Rate at approval
8% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$132K (75%)
Approval → funding
15 days
Approved
9/20/2022
First disbursed
10/5/2022
Loan status
Paid in full (6/30/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Startup, Loan Funds will Open Business
Industry
Used Merchandise Stores
Funded by Sunrise Banks National Association · Lender record →
Your business? Claim this record · Request removal
Renewed LLC in Burnsville, MN — $25K (2022) · Sunrise Banks National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$13K (50%)
Approved
4/26/2022
Loan status
Committed
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
28
Business age
Startup, Loan Funds will Open Business
Industry
Used Merchandise Retailers
Funded by Sunrise Banks National Association · Lender record →
Your business? Claim this record · Request removal
Jeans Washington LLC in Maple Grove, MN — $25K (2022) · Sunrise Banks National Association
Program
Preferred Lenders Program
Rate at approval
8% variable
Term
120 mo (10 yrs)
SBA guaranteed
$13K (50%)
Approved
9/20/2022
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Startup, Loan Funds will Open Business
Industry
Used Merchandise Stores
Funded by Sunrise Banks National Association · Lender record →
Your business? Claim this record · Request removal

Buying a Clothes Mentor in Minnesota? Start with a lender that funds them here

We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.

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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded Clothes Mentor loans with a Minnesota project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Clothes Mentor purchase in Minnesota with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Minnesota deals. Sunrise Banks National Association funds the most here. CapBench is not a lender.

$286K typical Clothes Mentor loan
2 lenders active in Minnesota
5+ funded Minnesota deals
8 days typical to fund

Buyers buying a Clothes Mentor in Minnesota typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All Clothes Mentor lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/clothes-mentor/minnesota
API:: https://www.capbench.com/api/public/lenders?franchise=clothes-mentor&state=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.