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How to finance a Greasebusters in Minnesota
The SBA 7(a) lenders funding the most Greasebusters deals in Minnesota, from public loan records — typical Greasebusters loan about $150K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Greasebusters in Minnesota
$117K
Typical loan
range $117K–$117K
$130K
Est. purchase price
≈ loan ÷ 90%
$16,730
Cash to close
$12,989 down + fees
$1,711/mo
Typical payment
~12.5% · 10yr
$23,612/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
31 days
Typical time to fund
1
Lenders competing
more = leverage
6%
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 Greasebusters in Minnesota
Ranked by funded Greasebusters loans in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1 loans · $2M · Lake Elmo, MNFull record →
1+ funded Greasebusters 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.
- R & D Hanson LLC in Stillwater, MN — $117K (2021) · purchase · Lake Elmo Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $88K (75%)
- Approval → funding
- 31 days
- Approved
- 4/30/2021
- First disbursed
- 5/31/2021
- Loan status
- Paid in full (8/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Janitorial Services
If you were the buyer here
- Est. deal size
- $130K
- Est. down payment (10%)
- $13K
- Est. cash at closing
- $17K
- Monthly payment
- $1,298
- Annual debt service
- $16K
- Cash flow needed (1.25×)
- $19K
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 Lake Elmo Bank · Lender record →
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Buying a Greasebusters 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.
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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 analysis of public SBA 7(a) lending records; ranked by funded Greasebusters loans with a Minnesota project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Greasebusters 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. Lake Elmo Bank funds the most here. CapBench is not a lender.
- $150K typical Greasebusters loan
- 1 lenders active in Minnesota
- 1+ funded Minnesota deals
- 31 days typical to fund
Buyers buying a Greasebusters 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-20.
- 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.