SBA lending record

Jackrabbit2020, Inc.

1140 W 3 Mile Road, Sault Sainte Marie, MI 49783 · Electronics Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$500K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

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

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The loan

$500,000 — FY2020

Gross approval: $500,000
SBA guaranteed: $375,000 (75%)
Status: In liquidation
Rate at approval: 5.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/19/2020
First disbursement: 9/30/2020
Days to fund: 42 days
Collateral: Required
Sold on secondary market: Yes

The lender

Nicolet National Bank

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Jackrabbit2020, Inc. in Sault Sainte Marie, MI (Electronics Stores). 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 $500K
On record FY2020
3 jobs supported
Industry: Electronics Stores
Location: Sault Sainte Marie, MI
Lender: Nicolet National Bank

Next steps

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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 Jackrabbit2020, Inc..