Serafina Holdings LLC
Serafina Holdings LLC of Burnsville, MN operates in warm air heating and air-conditioning equipment and supplies merchant wholesaling (NAICS 423730). The company was financed with an SBA 7(a) loan for a change of ownership of $830,000 from First Resource Bank, with approval dated March 31, 2026.
SBA 7(a) loan, change of ownership, approved Mar 31, 2026
$830,000 approvedLender: First Resource Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $830,000
- SBA-guaranteed amount
- $622,500 (75% of the approval)
- Lender
- First Resource Bank, Lino Lakes, MN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 31, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,180 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 3, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 423730, Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers
- Project location
- Dakota County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers: $2,098,057.
- 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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