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I Fix Detroit — SBA Loan Record (Detroit, MI) | DealRoom

Intelligence/Household Appliances, Electric Housewares, and Consumer Elec/MI

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SBA lending record

I Fix Detroit

16401 E WARREN AVE, Detroit, MI 48224 · Household Appliances, Electric Housewares, and Consumer Elec. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$300K

Total SBA financing

1

Loan on record

FY2023

On record

4

Jobs supported

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

Is I Fix Detroit 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

$300,000 — FY2023

Gross approval: $300,000
SBA guaranteed: $225,000 (75%)
Status: Current
Rate at approval: 9% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/22/2022
First disbursement: 11/28/2022
Days to fund: 6 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 4
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Household Appliances, Electric Housewares, and Consumer Elec
NAICS code: 423620
Lender: Newtek Small Business Finance, Inc.
Address: 16401 E WARREN AVE
City: Detroit, 48224
County: Wayne
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 14

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding household appliances, electric housewares, and consumer elec — by location, industry.

SBA lenders in Michigan Lenders for household appliances, electric housewares, and consumer elec Household Appliances, Electric Housewares, and Consumer Elec lenders in Michigan

Similar businesses

Comparable household appliances, electric housewares, and consumer elec in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

A-1 OUTLET STORE INC.

Bensenville, IL· ~257 mi

Household Appliances, Electric Housewares, and Consumer Elec

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

HITEX INC

Mount Prospect, IL· ~258 mi

Household Appliances, Electric Housewares, and Consumer Elec

$290K
SBA financing: ≈ $569K–$948K
Est. revenue (rough)

Stolz Stove Sales, LLC

Bloomsburg, PA· ~349 mi

Household Appliances, Electric Housewares, and Consumer Elec

$275K
SBA financing: ≈ $539K–$899K
Est. revenue (rough)

A-1 Vacuum Service and Sales INC.

La Crosse, WI· ~429 mi

Household Appliances, Electric Housewares, and Consumer Elec

$297K
SBA financing: ≈ $581K–$969K
Est. revenue (rough)

Anisha Wireless NY INC

Hicksville, NY· ~499 mi

Household Appliances, Electric Housewares, and Consumer Elec

$265K
SBA financing: ≈ $520K–$866K
Est. revenue (rough)

RLL Enterprises, LLC

Hershey, PA· ~358 mi

Household Appliances, Electric Housewares, and Consumer Elec

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for I Fix Detroit in Detroit, MI (Household Appliances, Electric Housewares, and Consumer Elec). 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 $300K
On record FY2023
4 jobs supported
Industry: Household Appliances, Electric Housewares, and Consumer Elec
Location: Detroit, MI
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Household Appliances, Electric Housewares, and Consumer Elec businesses in MI for ~$300k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/i-fix-detroit-mi
API:: https://dealroom.so/api/public/businesses/i-fix-detroit-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 I Fix Detroit 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 I Fix Detroit.