Lender intelligence
Financing a electronics stores acquisition in Minnesota
The SBA 7(a) lenders funding the most electronics stores acquisitions in Minnesota, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance electronics stores in Minnesota
$150K
Typical loan
range $150K–$150K
$167K
Est. purchase price
≈ loan ÷ 90%
$21,467
Cash to close
$16,667 down + fees
$2,196/mo
Typical payment
~12.5% · 10yr
$30,305/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
35 days
Typical time to fund
1
Lenders competing
more = leverage
5%
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 in electronics stores · Minnesota
Ranked by funded electronics stores acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public electronics stores loan history in Minnesota to rank lenders yet. See electronics stores lenders nationwide →
1+ funded Electronics Stores 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.
- The Sound Connection, INC in Waite Park, MN — $150K (2022) · purchase · Kensington Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5% variable
- Term
- 25 months
- SBA guaranteed
- $75K (50%)
- Approval → funding
- 35 days
- Approved
- 1/20/2022
- First disbursed
- 2/24/2022
- Loan status
- Paid in full (3/31/2024)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Electronics Stores
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $6,330
- Annual debt service
- $76K
- Cash flow needed (1.25×)
- $95K
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 Kensington Bank
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to electronics stores businesses with a Minnesota project address.
Agent summary
How to finance a electronics stores acquisition in Minnesota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Minnesota deals. CapBench is not a lender.
- $508K typical loan
- 1 lenders active in Minnesota
- 1+ funded Minnesota deals
- 35 days typical to fund
Buyers buying a electronics stores in Minnesota typically pre-qualify, then ask CapBench to introduce a lender active 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 2026-06-24.
- 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.