Salinas - Lallier Inc.
Salinas - Lallier Inc. is located in Saint Paul, MN, and the SBA lists its industry as Janitorial Services. It was approved for an SBA 7(a) loan of $702,100 for a change of ownership on November 20, 2025.
SBA 7(a) loan, change of ownership, approved Nov 20, 2025
- Gross approval
- $702,100
- SBA-guaranteed amount
- $526,575 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,894 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 561720, Janitorial Services
- Project location
- Ramsey County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in Janitorial Services on this site.
- Average acquisition loan in Janitorial Services: $1,070,529.
- 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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Same industry in Minnesota
- AML Cleaning Service, Inc., Maple Grove
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