SBA lending record
Redford Convenience, LLC.
27353 W 8 MILE RD, Redford, MI 48240 · All Other General Merchandise Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
1
Loan on record
FY2022
On record
4
Jobs supported
Franchise brand
Sphinx Petroleum, Inc. (Marathon) Dealer Supply Agreement
See Sphinx Petroleum, Inc. (Marathon) Dealer Supply Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,200,000 — FY2022
- Gross approval
- $1,200,000
- SBA guaranteed
- $900,000 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 7.5% v
- Term
- 273 mo (23 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/14/2022
- First disbursement
- 7/29/2022
- Days to fund
- 15 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Grasshopper Bank National Association
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 Redford Convenience, LLC. in Redford, MI (All Other General Merchandise Retailers). 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 $1.2M
- On record FY2022
- 4 jobs supported
- Industry: All Other General Merchandise Retailers
- Location: Redford, MI
- Lender: Grasshopper 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 Redford Convenience, 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.
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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 Redford Convenience, LLC..