Two Men and a Truck
Two Men and a Truck, a franchise business in Plymouth, Minnesota, operates in the General Freight Trucking, Local industry (NAICS 484110). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,088,000, approved on May 19, 2026, through lender Profinium Inc and certified development company Southeastern Minnesota 504 Development Corporation.
SBA 504 loan, approved May 19, 2026
$1,088,000 SBA portionCDC: Southeastern Minnesota 504 Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,088,000
- Bank portion
- $1,550,000
- Estimated project size
- $2,931,111 (estimated)
- Estimated owner equity
- $293,111 (estimated, about 10% of the project)
- Bank lender
- Profinium Inc, Truman, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 19, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- Franchise
- Two Men and a Truck
- Project location
- Hennepin County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-3
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 9% of expansion loans in General Freight Trucking, Local on this site.
- Average expansion loan in General Freight Trucking, Local: $2,373,915.
- 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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