Moving Equipment Sales and Rental LLC
Moving Equipment Sales and Rental LLC is a business in Bloomington, Minnesota, in the All Other Consumer Goods Rental industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,498,300, approved on January 8, 2026 through lender BankVista.
SBA 7(a) loan, change of ownership, approved Jan 8, 2026
$1,498,300 approvedLender: BankVista10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,498,300
- SBA-guaranteed amount
- $1,123,725 (75% of the approval)
- Lender
- BankVista, Sartell, MN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $18,778 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 18, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 532289, All Other Consumer Goods Rental
- Project location
- Hennepin County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 59% of acquisition loans in All Other Consumer Goods Rental on this site.
- Average acquisition loan in All Other Consumer Goods Rental: $1,481,047.
- 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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