Pequot Tool & Mfg., Inc.
Pequot Tool & Mfg., Inc. is a business in Pequot Lakes, Minnesota, in the industry of all other miscellaneous fabricated metal product manufacturing (NAICS 332999).
SBA 504 loan, approved Jan 13, 2026
$3,444,000 SBA portionCDC: Midwest Business Finance Corporation10 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,444,000
- Bank portion
- $4,210,000
- Estimated project size
- $8,504,444 (estimated)
- Estimated owner equity
- $850,444 (estimated, about 10% of the project)
- Bank lender
- National Bank of Commerce, Superior, WI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 10 years (120 months)
- Estimated maturity
- January 13, 2036 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 332999, All Other Miscellaneous Fabricated Metal Product Manufacturing
- Project location
- Crow Wing County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-8
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 76% of expansion loans in All Other Miscellaneous Fabricated Metal Product Manufacturing on this site.
- Average expansion loan in All Other Miscellaneous Fabricated Metal Product Manufacturing: $2,573,206.
- 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
- Atscott Mfg, Inc., Pine City
- Technical Methods Inc, Lonsdale
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- Century Tool, Inc., Rogers