Ace Deliveries Inc.
Ace Deliveries Inc. is located in Virginia, MN, and the SBA lists its industry as Couriers and Express Delivery Services. It was approved for an SBA 7(a) loan of $1,150,000 for a change of ownership on July 16, 2025. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved Jul 16, 2025
- Gross approval
- $1,150,000
- SBA-guaranteed amount
- $862,500 (75% of the approval)
- Lender
- Northern State Bank of Virginia, Virginia, MN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 16, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,651 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 492110, Couriers and Express Delivery Services
- Project location
- Saint Louis County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Couriers and Express Delivery Services on this site.
- Average acquisition loan in Couriers and Express Delivery Services: $1,263,343.
- 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.
SBA 7(a) loan, change of ownership, approved Sep 11, 2024
- Gross approval
- $880,800
- SBA-guaranteed amount
- $660,600 (75% of the approval)
- Lender
- Northern State Bank of Virginia, Virginia, MN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 11, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,455 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 492110, Couriers and Express Delivery Services
- Project location
- Saint Louis County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 36% of acquisition loans in Couriers and Express Delivery Services on this site.
- Average acquisition loan in Couriers and Express Delivery Services: $1,263,343.
- 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
- Covenant Haul Inc, Minnetonka
- FSF Holdings Inc, Minneapolis
- Rjh Delivery, Inc., Saint Paul
- MBA Logistics Inc, Brainerd
- JK Distribution Inc, Apple Valley