Kd Sole Endeavors LLC
Kd Sole Endeavors LLC is a shoe retailer located in Rochester, Minnesota, and is listed as a franchise of The Good Feet Store. The business was financed with an SBA 7(a) loan for a change of ownership in the approved amount of $880,000, with CRF Small Business Loan Company, LLC as the lender and an approval date of March 25, 2025.
SBA 7(a) loan, change of ownership, approved Mar 25, 2025
$880,000 approvedLender: CRF Small Business Loan Company, LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $880,000
- SBA-guaranteed amount
- $660,000 (75% of the approval)
- Lender
- CRF Small Business Loan Company, LLC, Minneapolis, MN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,751 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 458210, Shoe Retailers
- Franchise
- The Good Feet Store
- Project location
- Olmsted County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 43% of acquisition loans in Shoe Retailers on this site.
- Average acquisition loan in Shoe Retailers: $1,132,514.
- Average acquisition loan in Minnesota: $1,482,119.
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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