How to finance a Erbert and Gerbert's in Minnesota

State:

The SBA 7(a) lenders funding the most Erbert and Gerbert's deals in Minnesota, from public loan records — typical Erbert and Gerbert's loan about $174K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Erbert and Gerbert's in Minnesota

$128K

Typical loan

range $25K–$284K

$143K

Est. purchase price

≈ loan ÷ 90%

$18,376

Cash to close

$14,267 down + fees

$1,879/mo

Typical payment

~12.5% · 10yr

$25,930/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

27 days

Typical time to fund

Lenders competing

more = leverage

7.63%

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 Erbert and Gerbert's in Minnesota

Ranked by funded Erbert and Gerbert's loans in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.

1.46 loans · $27M · Sartell, MNFull record →
2.2,539 loans · $965M · Columbus, OHFull record →

6+ funded Erbert and Gerbert's 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.

BENNETT AND FAMILY LLC in Anoka, MN — $284K (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$213K (75%)
Approved
2/24/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
14
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$316K
Est. down payment (10%)
$32K
Est. cash at closing
$42K
Monthly payment
$3,677
Annual debt service
$44K
Cash flow needed (1.25×)
$55K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
BENNETT AND FAMILY LLC in Anoka, MN — $25K (2026) · purchase · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$13K (50%)
Approved
2/24/2026
Loan status
Committed
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
14
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$28K
Est. down payment (10%)
$3K
Est. cash at closing
$4K
Monthly payment
$323
Annual debt service
$4K
Cash flow needed (1.25×)
$5K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
BLACK CAT INVESTMENTS LLC in New Prague, MN — $128K (2023) · purchase · BankVista
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$109K (85%)
Approval → funding
27 days
Approved
10/6/2022
First disbursed
11/2/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
15
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$143K
Est. down payment (10%)
$14K
Est. cash at closing
$18K
Monthly payment
$1,575
Annual debt service
$19K
Cash flow needed (1.25×)
$24K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
BLACK CAT INVESTMENTS LLC in New Prague, MN — $429K (2022) · purchase · BankVista
Program
Preferred Lenders Program
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$322K (75%)
Approval → funding
3 days
Approved
4/5/2022
First disbursed
4/8/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
50
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$477K
Est. down payment (10%)
$48K
Est. cash at closing
$64K
Monthly payment
$4,659
Annual debt service
$56K
Cash flow needed (1.25×)
$70K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
BLACK CAT INVESTMENTS LLC in New Prague, MN — $60K (2022) · purchase · BankVista
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$30K (50%)
Approval → funding
2 days
Approved
4/6/2022
First disbursed
4/8/2022
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
50
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$67K
Est. down payment (10%)
$7K
Est. cash at closing
$9K
Monthly payment
$651
Annual debt service
$8K
Cash flow needed (1.25×)
$10K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
BLACK CAT INVESTMENTS LLC in New Prague, MN — $25K (2022) · purchase · BankVista
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$13K (50%)
Approval → funding
73 days
Approved
8/22/2022
First disbursed
11/3/2022
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$28K
Est. down payment (10%)
$3K
Est. cash at closing
$4K
Monthly payment
$297
Annual debt service
$4K
Cash flow needed (1.25×)
$4K
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 BankVista · Lender record →
Your business? Claim this record · Request removal

Buying a Erbert and Gerbert's in Minnesota? Start with a lender that funds them here

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

Agent summary

How to finance a Erbert and Gerbert's 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. BankVista funds the most here. CapBench is not a lender.

$174K typical Erbert and Gerbert's loan
2 lenders active in Minnesota
6+ funded Minnesota deals
27 days typical to fund

Buyers buying a Erbert and Gerbert's 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 Erbert and Gerbert's 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/erbert-and-gerbert-s/minnesota
API:: https://www.capbench.com/api/public/lenders?franchise=erbert-and-gerbert-s&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.