Merus Llc
7400 Metro Boulevard, Minneapolis, MN 55439 · Grain and Field Bean Merchant Wholesalers (NAICS 424510)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
6
Total Amount
$11.0M
Jobs Supported
24
Years Active
2018–2022
Loan History (6)
Source: SBA FOIA7(a)$1,000,000
Paid in Full
- Approved
- Dec 7, 2021 (FY2022)
- SBA Guaranteed
- $900,000 (90%)
- Term
- 24 months (2.0 yrs)
- Interest Rate
- 4.00%
- Revolver
- 1
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Grain and Field Bean Merchant Wholesalers (NAICS 424510)
- Paid in Full
- Dec 31, 2023
Lender
Platinum Bank
7667 10th St N, Oakdale, MN 55128
Project Location
Hennepin County, MN
7(a)$2,000,000
Paid in Full
- Approved
- Jan 15, 2021 (FY2021)
- SBA Guaranteed
- $1,800,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 4.00%
- Revolver
- 1
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Wholesale Trade Agents and Brokers (NAICS 425120)
- Paid in Full
- Oct 31, 2021
Lender
Platinum Bank
7667 10th St N, Oakdale, MN 55128
Project Location
Hennepin County, MN
7(a)$3,000,000
Paid in Full
- Approved
- Sep 28, 2021 (FY2021)
- SBA Guaranteed
- $2,700,000 (90%)
- Term
- 36 months (3.0 yrs)
- Interest Rate
- 0.75%
- Revolver
- 1
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Grain and Field Bean Merchant Wholesalers (NAICS 424510)
- Paid in Full
- Oct 31, 2024
Lender
Platinum Bank
7667 10th St N, Oakdale, MN 55128
Project Location
Hennepin County, MN
7(a)$2,000,000
Paid in Full
- Approved
- Dec 30, 2019 (FY2020)
- SBA Guaranteed
- $1,800,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 1
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Wholesale Trade Agents and Brokers (NAICS 425120)
- Paid in Full
- Feb 28, 2021
Lender
Platinum Bank
7667 10th St N, Oakdale, MN 55128
Project Location
Hennepin County, MN
7(a)$1,500,000
Paid in Full
- Approved
- Dec 17, 2018 (FY2019)
- SBA Guaranteed
- $1,350,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 6.50%
- Revolver
- 1
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Wholesale Trade Agents and Brokers (NAICS 425120)
- Paid in Full
- Jan 31, 2020
Lender
Platinum Bank
7667 10th St N, Oakdale, MN 55128
Project Location
Hennepin County, MN
7(a)$1,500,000
Paid in Full
- Approved
- Dec 1, 2017 (FY2018)
- SBA Guaranteed
- $1,350,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 1
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- New, Less Than 1 Year Old
- Industry
- Wholesale Trade Agents and Brokers (NAICS 425120)
- Paid in Full
- Feb 28, 2019
Lender
Platinum Bank
7667 10th St N, Oakdale, MN 55128
Project Location
Hennepin County, MN
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 424510 — Grain and Field Bean Merchant Wholesalers
- Address
- 7400 Metro Boulevard
Minneapolis, MN 55439
Lender
- Platinum Bank
- 7667 10th St N, Oakdale, MN 55128