SBA lending record
Michael L. Witt
23824 Island Lake Rd, Detroit Lakes, MN 56501 · Sporting Goods Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$152K
Total SBA financing
1
Loan on record
FY2021
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Michael L. Witt your business?
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The loan
$151,700 — FY2021
- Gross approval
- $151,700
- SBA guaranteed
- $113,775 (75%)
- Status
- Past due
- Rate at approval
- 5% f
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/2/2021
- First disbursement
- 3/31/2021
- Days to fund
- 29 days
- Collateral
- Required
- Jobs supported
- 4
- Business type
The lender
Northwestern Bank, National Association
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Michael L. Witt in Detroit Lakes, MN (Sporting Goods 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 $152K
- On record FY2021
- 4 jobs supported
- Industry: Sporting Goods Stores
- Location: Detroit Lakes, MN
- Lender: Northwestern Bank, National Association
- 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 Michael L. Witt 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 Michael L. Witt.