Mark's Farms, Inc.
Mark's Farms, Inc. is located in Mapleton, MN, and the SBA lists its industry as Chicken Egg Production. It was approved for an SBA 504 loan ($4,850,000 SBA portion) on January 2, 2025 to finance real estate or equipment.
SBA 504 loan, approved Jan 2, 2025
- SBA (CDC) portion
- $4,850,000
- Bank portion
- $8,689,003
- Estimated project size
- $15,043,337 (estimated)
- Estimated owner equity
- $1,504,334 (estimated, about 10% of the project)
- Bank lender
- Frandsen Bank and Trust, Arden Hills, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- January 2, 2045 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 112310, Chicken Egg Production
- Project location
- Blue Earth County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-1
- Collateral
- Yes
Estimated share of project by source
Bank 58% SBA (CDC) 32% Owner 10%
- Average expansion loan in Chicken Egg Production: $2,969,000.
- 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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