SBA lending record
Local Detroit LLC
409 S. Main Street, Rochester, MI 48307 · Other Activities Related to Real Estate. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$240K
Total SBA financing
1
Loan on record
FY2023
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Local Detroit LLC 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.
The loan
$240,000 — FY2023
- Gross approval
- $240,000
- SBA guaranteed
- $180,000 (75%)
- Status
- Paid in full
- Rate at approval
- 5.95% v
- Term
- 240 mo (20 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/26/2022
- First disbursement
- 10/31/2022
- Days to fund
- 5 days
- Paid in full
- 12/31/2024
- Collateral
- Required
- Jobs supported
The lender
Credit Union One
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Local Detroit LLC in Rochester, MI (Other Activities Related to Real Estate). 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 $240K
- On record FY2023
- 2 jobs supported
- Industry: Other Activities Related to Real Estate
- Location: Rochester, MI
- Lender: Credit Union One
- 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:
- Sources & methodology
Is Local Detroit LLC 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.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Local Detroit LLC.