Blue River Holdings LLC
Blue River Holdings LLC is a veterinary services business in South Saint Paul, Minnesota, classified under NAICS code 541940. It financed real estate or equipment through an SBA 504 loan of $2,196,000, with the SBA portion approved on August 6, 2024, through Choice Financial Group and Amplio Economic Development Corporation.
SBA 504 loan, approved Aug 6, 2024
$2,196,000 SBA portionCDC: Amplio Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,196,000
- Bank portion
- $2,680,000
- Estimated project size
- $5,417,778 (estimated)
- Estimated owner equity
- $541,778 (estimated, about 10% of the project)
- Bank lender
- Choice Financial Group, Fargo, ND
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 6, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 541940, Veterinary Services
- Project location
- Dakota County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 69% of expansion loans in Veterinary Services on this site.
- Average expansion loan in Veterinary Services: $2,202,156.
- Average expansion loan in Minnesota: $2,136,981.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Minnesota
- Allied Veterinary Emergency Rochester, LLC, Rochester
- Victoria Veterinary Hospital LLC, Victoria