SBA lending record
Higher Grounds Traverse City, Inc.
806 Red Dr, Traverse City, MI 49684 · Other Miscellaneous Nondurable Goods Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$400K
Total SBA financing
1
Loan on record
FY2025
On record
24
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$400,000 — FY2025
- Gross approval
- $400,000
- SBA guaranteed
- $300,000 (75%)
- Status
- Current
- Rate at approval
- 6.75% f
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/26/2025
- First disbursement
- 4/24/2025
- Days to fund
- 29 days
- Collateral
- Required
- Jobs supported
- 24
- Business type
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Higher Grounds Traverse City, Inc. in Traverse City, MI (Other Miscellaneous Nondurable Goods Merchant Wholesalers). 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 $400K
- On record FY2025
- 24 jobs supported
- Industry: Other Miscellaneous Nondurable Goods Merchant Wholesalers
- Location: Traverse City, MI
- Lender: 4Front Credit Union
- 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 Higher Grounds Traverse City, Inc. 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 Higher Grounds Traverse City, Inc..