SBA lending record
SCHULERS INC
115 S Eagle St., Marshall, MI 49068 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.2M
Total SBA financing
1
Loan on record
FY2020
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$2,214,000 — FY2020
- Gross approval
- $2,214,000
- SBA guaranteed
- $1,660,500 (75%)
- Status
- Paid in full
- Rate at approval
- 6.5% v
- Term
- 180 mo (15 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/21/2019
- First disbursement
- 10/31/2019
- Days to fund
- 10 days
- Paid in full
- 2/28/2023
- Collateral
- Required
- Sold on secondary market
The lender
Homestead Savings Bank
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for SCHULERS INC in Marshall, MI (Full-Service Restaurants). 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 $2.2M
- On record FY2020
- 2 jobs supported
- Industry: Full-Service Restaurants
- Location: Marshall, MI
- Lender: Homestead Savings Bank
- 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 SCHULERS 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 SCHULERS INC.