Stone Arch Commodities Llc

702 N 1st St Ste 100, Minneapolis, MN 55401 · Wholesale Trade Agents and Brokers (NAICS 425120)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

Total Amount

$32.1M

Jobs Supported

210

Years Active

2017–2025

Loan History (7)

Source: SBA FOIA

7(a)$5,000,000

Exempt

Approved: Dec 10, 2024 (FY2025)
SBA Guaranteed: $4,500,000 (90%)
Term: 24 months (2.0 yrs)
Interest Rate: 8.00%
Revolver: 1
Jobs Supported: 34
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Wholesale Trade Agents and Brokers (NAICS 425120)

Lender

Platinum Bank

7667 10th St N, Oakdale, MN 55128

Project Location

Hennepin County, MN

7(a)$5,000,000

Paid in Full

Approved: Sep 15, 2021 (FY2021)
SBA Guaranteed: $4,135,000 (83%)
Term: 36 months (3.0 yrs)
Interest Rate: 3.25%
Revolver: 1
Jobs Supported: 61
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)$5,000,000

Paid in Full

Approved: Nov 23, 2020 (FY2021)
SBA Guaranteed: $3,750,000 (75%)
Term: 12 months (1.0 yrs)
Interest Rate: 3.60%
Revolver: 1
Jobs Supported: 65
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Grain and Field Bean Merchant Wholesalers (NAICS 424510)
Paid in Full: Aug 31, 2021

Lender

Platinum Bank

7667 10th St N, Oakdale, MN 55128

Project Location

Hennepin County, MN

7(a)$5,000,000

Paid in Full

Approved: Sep 6, 2019 (FY2019)
SBA Guaranteed: $3,750,000 (75%)
Term: 12 months (1.0 yrs)
Interest Rate: 6.00%
Revolver: 1
Jobs Supported: 10
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, 2020

Lender

Platinum Bank

7667 10th St N, Oakdale, MN 55128

Project Location

Hennepin County, MN

7(a)$4,100,000

Paid in Full

Approved: Dec 15, 2017 (FY2018)
SBA Guaranteed: $3,690,000 (90%)
Term: 8 months
Interest Rate: 5.50%
Revolver: 1
Jobs Supported: 10
Business Type: Corporation
Business Age: Unanswered
Industry: Grain and Field Bean Merchant Wholesalers (NAICS 424510)
Paid in Full: Sep 30, 2018

Lender

Platinum Bank

7667 10th St N, Oakdale, MN 55128

Project Location

Hennepin County, MN

7(a)$5,000,000

Paid in Full

Approved: Sep 5, 2018 (FY2018)
SBA Guaranteed: $3,750,000 (75%)
Term: 12 months (1.0 yrs)
Interest Rate: 6.00%
Revolver: 1
Jobs Supported: 10
Business Type: Corporation
Business Age: Unanswered
Industry: Grain and Field Bean Merchant Wholesalers (NAICS 424510)
Paid in Full: Aug 31, 2019

Lender

Platinum Bank

7667 10th St N, Oakdale, MN 55128

Project Location

Hennepin County, MN

7(a)$3,000,000

Paid in Full

Approved: Nov 29, 2016 (FY2017)
SBA Guaranteed: $2,700,000 (90%)
Term: 12 months (1.0 yrs)
Interest Rate: 4.75%
Revolver: 1
Jobs Supported: 20
Business Type: Corporation
Industry: Grain and Field Bean Merchant Wholesalers (NAICS 424510)
Paid in Full: Nov 30, 2017

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: 425120 — Wholesale Trade Agents and Brokers
Address: 702 N 1st St Ste 100
Minneapolis, MN 55401

Lender

Platinum Bank

7667 10th St N, Oakdale, MN 55128

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