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Fresh Choice Food Center — SBA Loan Record (Wayne, MI) | DealRoom

Intelligence/Supermarkets and Other Grocery Retailers (except Convenience/MI

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SBA lending record

Fresh Choice Food Center

35400-35412 E. Michigan Ave, Wayne, MI 48184 · Supermarkets and Other Grocery Retailers (except Convenience. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$4.2M

Total SBA financing

1

Loan on record

FY2025

On record

15

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Fresh Choice Food Center your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$4,150,000 — FY2025

Gross approval: $4,150,000
SBA guaranteed: $3,112,500 (75%)
Status: Current
Rate at approval: 10% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/10/2024
First disbursement: 10/25/2024
Days to fund: 15 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 15
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Supermarkets and Other Grocery Retailers (except Convenience
NAICS code: 445110
Lender: First Internet Bank of Indiana
Address: 35400-35412 E. Michigan Ave
City: Wayne, 48184
County: Wayne
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 11

The lender

First Internet Bank of Indiana

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding supermarkets and other grocery retailers (except convenience — by location, industry.

SBA lenders in Michigan Lenders for supermarkets and other grocery retailers (except convenience Supermarkets and Other Grocery Retailers (except Convenience lenders in Michigan

Similar businesses

Comparable supermarkets and other grocery retailers (except convenience in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Superland Marketplace, Inc

Detroit, MI· ~11 mi

Supermarkets and Other Grocery Retailers (except Convenience

$4.5M
SBA financing: ≈ $8.7M–$15M
Est. revenue (rough)

Mini Mart Specialty Meats, LLC

Detroit, MI· ~13 mi

Supermarkets and Other Grocery Retailers (except Convenience

$5.0M
SBA financing: ≈ $9.8M–$16M
Est. revenue (rough)

EJFM and Sons

Walled Lake, MI· ~19 mi

Supermarkets and Other Grocery Retailers (except Convenience

$3.7M
SBA financing: ≈ $7.3M–$12M
Est. revenue (rough)

KIM NHUNG SUPER FOODS INC

Madison Heights, MI· ~21 mi

Supermarkets and Other Grocery Retailers (except Convenience

$5.0M
SBA financing: ≈ $9.8M–$16M
Est. revenue (rough)

LA ALTENA LLC

Detroit, MI· ~13 mi

Supermarkets and Other Grocery Retailers (except Convenience

$2.5M
SBA financing: ≈ $4.9M–$8.1M
Est. revenue (rough)

Pick & Save Supermarket, LLC

Detroit, MI· ~21 mi

Supermarkets and Other Grocery Retailers (except Convenience

$3.5M
SBA financing: ≈ $6.8M–$11M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Fresh Choice Food Center in Wayne, MI (Supermarkets and Other Grocery Retailers (except Convenience). 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.

1 SBA 7(a) loan totaling $4.2M
On record FY2025
15 jobs supported
Industry: Supermarkets and Other Grocery Retailers (except Convenience
Location: Wayne, MI
Lender: First Internet Bank of Indiana

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Supermarkets and Other Grocery Retailers (except Convenience businesses in MI for ~$4.2M deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/fresh-choice-food-center-mi
API:: https://dealroom.so/api/public/businesses/fresh-choice-food-center-mi
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Fresh Choice Food Center 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 Fresh Choice Food Center.