Burgess Industries Inc
7500 Boone Ave, Brooklyn Park, MN 55428 · Printing Machinery and Equipment Manufacturing (NAICS 333244)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
5
Total Amount
$3.9M
Jobs Supported
293
Years Active
2012–2016
Loan History (5)
Source: SBA FOIA7(a)$800,000
Paid in Full
- Approved
- Apr 27, 2016 (FY2016)
- SBA Guaranteed
- $720,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 6.50%
- Revolver
- 0
- Jobs Supported
- 23
- Business Type
- Corporation
- Industry
- Printing Machinery and Equipment Manufacturing (NAICS 333244)
- Paid in Full
- Feb 28, 2023
Lender
Umb Bank, National Association
1010 Grand Blvd, Kansas City, MO 64106
Project Location
Hennepin County, MN
7(a)$800,000
Paid in Full
- Approved
- Jan 15, 2015 (FY2015)
- SBA Guaranteed
- $720,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 1
- Jobs Supported
- 17
- Business Type
- Corporation
- Industry
- Printing Machinery and Equipment Manufacturing (NAICS 333244)
- Paid in Full
- May 31, 2016
Lender
Umb Bank, National Association
1010 Grand Blvd, Kansas City, MO 64106
Project Location
Hennepin County, MN
7(a)$800,000
Paid in Full
- Approved
- Aug 7, 2013 (FY2013)
- SBA Guaranteed
- $720,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 1
- Jobs Supported
- 17
- Business Type
- Corporation
- Industry
- Printing Machinery and Equipment Manufacturing (NAICS 333244)
- Paid in Full
- Feb 28, 2015
Lender
Umb Bank, National Association
1010 Grand Blvd, Kansas City, MO 64106
Project Location
Hennepin County, MN
7(a)$800,000
Paid in Full
- Approved
- Jun 5, 2012 (FY2012)
- SBA Guaranteed
- $720,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.38%
- Revolver
- 1
- Jobs Supported
- 221
- Business Type
- Corporation
- Industry
- International Trade Financing (NAICS 522293)
- Paid in Full
- Aug 31, 2013
Lender
Umb Bank, National Association
1010 Grand Blvd, Kansas City, MO 64106
Project Location
Hennepin County, MN
7(a)$650,000
Charged Off
- Approved
- Jun 5, 2012 (FY2012)
- SBA Guaranteed
- $487,500 (75%)
- Term
- 107 months (8.9 yrs)
- Interest Rate
- 5.38%
- Revolver
- 0
- Jobs Supported
- 15
- Business Type
- Corporation
- Industry
- Other Commercial and Service Industry Machinery Manufacturing (NAICS 333318)
- Charge-off Date
- Jul 13, 2022
- Charge-off Amount
- $386,883
Lender
Umb Bank, National Association
1010 Grand Blvd, Kansas City, MO 64106
Project Location
Hennepin County, MN
Business Details
- Business Type
- Corporation
- NAICS Code
- 333244 — Printing Machinery and Equipment Manufacturing
- Address
- 7500 Boone Ave
Brooklyn Park, MN 55428
Lender
- Umb Bank, National Association
- 1010 Grand Blvd, Kansas City, MO 64106