SBA lending record
CHERRY CAPITAL COMMUNICATIONS
97 LAKE ST, Elk Rapids, MI 49629 · Computing Infrastructure Providers, Data Processing, Web Hos. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$6.4M
Total SBA financing
3
Loans on record
FY2022–25
On record
62
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$2,275,000 — FY2025
Loan 1 of 3- Gross approval
- $2,275,000
- SBA guaranteed
- $750,750 (33%)
- Status
- Current
- Rate at approval
- 9.05% v
- Term
- 180 mo (15 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/30/2025
- First disbursement
- 8/18/2025
- Days to fund
- 19 days
- Collateral
- Required
- Jobs supported
- 17
The lender
Live Oak Banking Company
3 loans to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for CHERRY CAPITAL COMMUNICATIONS in Elk Rapids, MI (Computing Infrastructure Providers, Data Processing, Web Hos). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 3 SBA 7(a) loans totaling $6.4M
- On record FY2022–25
- 62 jobs supported
- Industry: Computing Infrastructure Providers, Data Processing, Web Hos
- Location: Elk Rapids, MI
- Lender: Live Oak Banking Company
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
Is CHERRY CAPITAL COMMUNICATIONS your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with CHERRY CAPITAL COMMUNICATIONS.