Main Street Registry

Woodbury Spine Wellness Center

Woodbury, MN · Offices of Chiropractors · NAICS 621310

Woodbury Spine Wellness Center is an office of chiropractors located in Woodbury, Minnesota, classified under NAICS code 621310. The business was approved for an SBA 504 loan that financed real estate or equipment, with an SBA portion of $1,307,000 provided alongside a separate bank portion through Alerus Financial, National Association. The loan was approved on December 12, 2025, through the Twin Cities-Metro Certified Development Company.

SBA 504 loan, approved Dec 12, 2025

$1,307,000 SBA portionCDC: Twin Cities-Metro Certified Development Company25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,307,000
Bank portion
$1,643,774
Estimated project size
$3,278,638 (estimated)
Estimated owner equity
$327,864 (estimated, about 10% of the project)
Bank lender
Alerus Financial, National Association, Grand Forks, ND
CDC
Twin Cities-Metro Certified Development Company
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
December 12, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Corporation
NAICS
621310, Offices of Chiropractors
Project location
Washington County, MN
SBA district office
Minnesota District Office
Congressional district
MN-4
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Average expansion loan in Offices of Chiropractors: $1,257,000.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Minnesota