Health & Medical · lender intelligence
How to finance a Spavia in Minnesota
The SBA 7(a) lenders funding the most Spavia deals in Minnesota, from public loan records — typical Spavia loan about $536K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Spavia in Minnesota
$766K
Typical loan
range $755K–$766K
$851K
Est. purchase price
≈ loan ÷ 90%
$116,709
Cash to close
$85,111 down + fees
$9,912/mo
Typical payment
~9.5% · 10yr
$136,786/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
10 days
Typical time to fund
1
Lenders competing
more = leverage
10.25%
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 Spavia in Minnesota
Ranked by funded Spavia loans in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.34 loans · $19M · Arden Hills, MNFull record →
2+ funded Spavia 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.
- Grand Escape Wellness, LLC in Apple Valley, MN — $766K (2023) · Frandsen Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 10.75% variable
- Term
- 126 months
- SBA guaranteed
- $575K (75%)
- Approval → funding
- 9 days
- Approved
- 9/20/2023
- First disbursed
- 9/29/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 27
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Personal Care Services
Funded by Frandsen Bank and Trust · Lender record →
Your business? Claim this record · Request removal
- Etlon Spa Group, LLC in Minnetonka, MN — $755K (2023) · Frandsen Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 126 months
- SBA guaranteed
- $566K (75%)
- Approval → funding
- 10 days
- Approved
- 9/8/2023
- First disbursed
- 9/18/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 32
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Personal Care Services
Funded by Frandsen Bank and Trust · Lender record →
Your business? Claim this record · Request removal
Buying a Spavia 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.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Spavia loans with a Minnesota project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Spavia 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. Frandsen Bank and Trust funds the most here. CapBench is not a lender.
- $536K typical Spavia loan
- 1 lenders active in Minnesota
- 2+ funded Minnesota deals
- 10 days typical to fund
Buyers buying a Spavia 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.