Northeast Entrepreneur Fund, Inc.
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Northeast Entrepreneur Fund, Inc.
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 152 | $16.1M | $106K | 12.1% |
| 722513 | Limited-Service Restaurants | 56 | $3.5M | $62K | 4.5% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 48 | $7.1M | $147K | 3.8% |
| 722410 | Drinking Places (Alcoholic Beverages) | 40 | $4.1M | $102K | 3.2% |
| 812112 | Beauty Salons | 40 | $3.1M | $77K | 3.2% |
| 237990 | Other Heavy and Civil Engineering Construction | 32 | $1.9M | $60K | 2.5% |
| 312120 | Breweries | 32 | $3.2M | $100K | 2.5% |
| 812199 | Other Personal Care Services | 32 | $1.7M | $53K | 2.5% |
| 453998 | All Other Miscellaneous Store Retailers (except Tobacco Stores) | 24 | $1.6M | $65K | 1.9% |
| 311412 | Frozen Specialty Food Manufacturing | 24 | $3.3M | $137K | 1.9% |
Geographic Distribution
SBA lending activity for Northeast Entrepreneur Fund, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Minnesota (MN) | 1,080 | $110.8M | 86.0% |
| Wisconsin (WI) | 176 | $15.1M | 14.0% |
Why Choose Northeast Entrepreneur Fund, Inc.?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,256 SBA loans approved, totaling $125.8M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Specialized Freight (except Used Goods) Trucking, Local
- ✓Competitive Terms: Average interest rate of 6.25% with flexible term lengths averaging 167 months
- ✓Loan Range: Loan sizes from $21K to $497K, with an average of $100K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MN, WI
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Northeast Entrepreneur Fund, Inc. SBA lending
What types of businesses does Northeast Entrepreneur Fund, Inc. typically finance?
Northeast Entrepreneur Fund, Inc. specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, specialized freight (except used goods) trucking, local, drinking places (alcoholic beverages). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Northeast Entrepreneur Fund, Inc.'s typical SBA loan terms?
Northeast Entrepreneur Fund, Inc.'s SBA 7(a) loans typically feature an average interest rate of 6.25% and average term length of 167 months (approximately 14 years). Loan sizes range from $21K to $497K, with an average loan size of $100K.
Do I need a business valuation for a Northeast Entrepreneur Fund, Inc. SBA loan?
Yes, Northeast Entrepreneur Fund, Inc. typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Northeast Entrepreneur Fund, Inc. compare to other SBA lenders?
Northeast Entrepreneur Fund, Inc. has originated 1,256 SBA loans totaling $125.8M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Northeast Entrepreneur Fund, Inc. lend in?
Northeast Entrepreneur Fund, Inc. provides SBA 7(a) financing with particularly strong presence in MN, WI. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.