Lender intelligence
Financing a engineering services acquisition in Minnesota
The SBA 7(a) lenders funding the most engineering services 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 engineering services in Minnesota
$750K
Typical loan
range $750K–$750K
$833K
Est. purchase price
≈ loan ÷ 90%
$114,271
Cash to close
$83,333 down + fees
$9,705/mo
Typical payment
~9.5% · 10yr
$133,929/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
187 days
Typical time to fund
1
Lenders competing
more = leverage
10%
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 engineering services · Minnesota
Ranked by funded engineering services acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.4 loans · $2M · Saint Paul, MNFull record →
1+ funded Engineering Services 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.
- PRIMORDIAL SOUP, LLC. in Saint Paul, MN — $750K (2024) · purchase · Drake Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $563K (75%)
- Approval → funding
- 187 days
- Approved
- 7/26/2024
- First disbursed
- 1/29/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 24
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $833K
- Est. down payment (10%)
- $83K
- Est. cash at closing
- $114K
- Monthly payment
- $9,911
- Annual debt service
- $119K
- Cash flow needed (1.25×)
- $149K
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 Drake Bank · Lender record →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to engineering services businesses with a Minnesota project address.
Agent summary
How to finance a engineering services 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. Drake Bank funds the most here. CapBench is not a lender.
- $715K typical loan
- 1 lenders active in Minnesota
- 1+ funded Minnesota deals
- 187 days typical to fund
Buyers buying a engineering services 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 2026-06-17.
- 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.