Tradition Capital Bank: SBA loans in this registry
3companies
4loans
$8.5Mtotal approved
$2.1Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Wayzata, MN
- FDIC certificate number
- 58057
- Acquisition loans (7(a))
- 4 loans, $8.5M total, $2.1M average
- Approval dates
- Mar 24, 2025 to Jun 25, 2025
- Typical term (median)
- acquisition loans: 10 years
- Initial interest rate (7(a))
- 9.5% to 9.75%, median 9.50%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Advertising Agencies: 2 loans
- Wood Kitchen Cabinet and Countertop Manufacturing: 1 loan
- Drycleaning and Laundry Services (except Coin-Operated): 1 loan
Top states
- Minnesota: 3 loans
- New Mexico: 1 loan
Largest deals
- Ideas That Kick, Minneapolis, MN: $3,195,000 (7(a) acquisition, Apr 15, 2025)
- Berghaus, Inc., Hastings, MN: $3,191,000 (7(a) acquisition, Jun 25, 2025)
- Luna Laundry Co., Inc., Santa Fe, NM: $1,575,000 (7(a) acquisition, Mar 24, 2025)
- Ideas That Kick, Minneapolis, MN: $500,000 (7(a) acquisition, Apr 15, 2025)
Lender details come from the SBA loan files. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Berghaus, Inc. | Hastings, MN | Wood Kitchen Cabinet and Countertop Manufacturing | Acquisition | Jun 25, 2025 | $3.2M |
| Ideas That Kick | Minneapolis, MN | Advertising Agencies | Acquisition | Apr 15, 2025 | $3.7M |
| Luna Laundry Co., Inc. | Santa Fe, NM | Drycleaning and Laundry Services (except Coin-Operated) | Acquisition | Mar 24, 2025 | $1.6M |