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SB Food Inc — SBA Loan Record (Canton, MI) | DealRoom

Intelligence/Supermarkets and Other Grocery (except Convenience) Stores/MI

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SBA lending record

SB Food Inc

336 ELMINGTON CT, Canton, MI 48188 · Supermarkets and Other Grocery (except Convenience) Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.7M

Total SBA financing

1

Loan on record

FY2021

On record

15

Jobs supported

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

Is SB Food Inc 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

$3,673,000 — FY2021

Gross approval: $3,673,000
SBA guaranteed: $3,303,496 (90%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/12/2021
First disbursement: 7/30/2021
Days to fund: 18 days
Paid in full: 10/31/2024
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 15
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Supermarkets and Other Grocery (except Convenience) Stores
NAICS code: 445110
Lender: First Internet Bank of Indiana
Address: 336 ELMINGTON CT
City: Canton, 48188
County: Wayne
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 11

The lender

First Internet Bank of Indiana

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

Find SBA lenders for businesses like this

The banks most active funding supermarkets and other grocery (except convenience) stores — by location, industry.

SBA lenders in Michigan Lenders for supermarkets and other grocery (except convenience) stores Supermarkets and Other Grocery (except Convenience) Stores lenders in Michigan

Similar businesses

Comparable supermarkets and other grocery (except convenience) stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Zain Holdings LLC

Dearborn, MI· ~18 mi

Supermarkets and Other Grocery (except Convenience) Stores

$1.7M
SBA financing: ≈ $3.2M–$5.4M
Est. revenue (rough)

ATW Liquor & Food, Inc.

Detroit, MI· ~27 mi

Supermarkets and Other Grocery (except Convenience) Stores

$1.5M
SBA financing: ≈ $3.0M–$4.9M
Est. revenue (rough)

HOMELAND MARKET LLC

Dearborn, MI· ~13 mi

Supermarkets and Other Grocery (except Convenience) Stores

$748K
SBA financing: ≈ $1.5M–$2.4M
Est. revenue (rough)

New Seoul Market Inc

Southfield, MI· ~18 mi

Supermarkets and Other Grocery (except Convenience) Stores

$650K
SBA financing: ≈ $1.3M–$2.1M
Est. revenue (rough)

Holly Market LLC

Holly, MI· ~36 mi

Supermarkets and Other Grocery (except Convenience) Stores

$1.6M
SBA financing: ≈ $3.1M–$5.2M
Est. revenue (rough)

JDA Development LLC

Grand Blanc, MI· ~45 mi

Supermarkets and Other Grocery (except Convenience) Stores

$1.7M
SBA financing: ≈ $3.3M–$5.5M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for SB Food Inc in Canton, MI (Supermarkets and Other Grocery (except Convenience) 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 $3.7M
On record FY2021
15 jobs supported
Industry: Supermarkets and Other Grocery (except Convenience) Stores
Location: Canton, MI
Lender: First Internet Bank of Indiana

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Supermarkets and Other Grocery (except Convenience) Stores businesses in MI for ~$3.7M 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/sb-food-inc-mi
API:: https://dealroom.so/api/public/businesses/sb-food-inc-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 SB Food Inc 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 SB Food Inc.