# KARKELA CONSTRUCTION INC, St. Louis Park MN: $450,000 SBA 7(a) loan approved 2026-08-04

**Fresh Capital Score:** 40/100

| Field | Value |
|---|---|
| Business | KARKELA CONSTRUCTION INC |
| Location | St. Louis Park, MN, 55416 |
| County | HENNEPIN |
| Program | SBA 7(a) |
| Gross approval | $450,000 |
| SBA guaranteed | $337,500 |
| Approved | 2026-08-04 |
| Lender | 21st Century Bank |
| Term (months) | 120 |
| Industry | Commercial and Institutional Building Construction |
| NAICS | 236220 |
| Business type | CORPORATION |
| Business age | Existing or more than 2 years old |
| Jobs supported | 10 |

## Why this score
- Approval of $450,000.
- Approved within 90 days of the latest SBA release.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.