Main Street Registry

Vinyl Art Industries LLC

Minneapolis, MN · All Other Plastics Product Manufacturing · NAICS 326199

Vinyl Art Industries LLC is an All Other Plastics Product Manufacturing business in Minneapolis, MN (NAICS 326199). It was financed with an SBA 7(a) loan for a change of ownership of $3,135,000 from Pathward National Association, with an approval date of September 25, 2026.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$3,135,000 approvedLender: Pathward National Association10 years termCommitted, not fully disbursedLoan details
Gross approval
$3,135,000
SBA-guaranteed amount
$2,351,250 (75% of the approval)
Lender
Pathward National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
September 25, 2036 (estimated, approval date plus term)
Estimated monthly payment
$40,138 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
2
Business type
Corporation
NAICS
326199, All Other Plastics Product Manufacturing
Project location
Hennepin County, MN
SBA district office
Minnesota District Office
Congressional district
MN-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 70% of acquisition loans in All Other Plastics Product Manufacturing on this site.
  • Average acquisition loan in All Other Plastics Product Manufacturing: $2,387,535.
  • 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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