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Shane Groves — SBA Loan Record (Angola, IN) | DealRoom

Intelligence/General Freight Trucking, Local/IN

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SBA lending record

Shane Groves

418 S 200 E, Angola, IN 46703 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$100K

Total SBA financing

1

Loan on record

FY2020

On record

3

Jobs supported

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

Is Shane Groves 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

$100,000 — FY2020

Gross approval: $100,000
SBA guaranteed: $85,000 (85%)
Status: Current
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/17/2020
First disbursement: 5/31/2020
Days to fund: 135 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 3
Business type: Individual
Business age: Existing or more than 2 years old
Industry: General Freight Trucking, Local
NAICS code: 484110
Lender: BayFirst National Bank
Address: 418 S 200 E
City: Angola, 46703
County: Steuben
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 3

The lender

BayFirst National Bank

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 general freight trucking, local — by location, industry.

SBA lenders in Indiana Lenders for general freight trucking, local General Freight Trucking, Local lenders in Indiana

Similar businesses

Comparable general freight trucking, local in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

SMG TRANSPORT LLC

Angola, IN· ~0 mi

General Freight Trucking, Local

$125K
SBA financing: ≈ $245K–$408K
Est. revenue (rough)

Razor Wire Road, LLC

Auburn, IN· ~20 mi

General Freight Trucking, Local

$107K
SBA financing: ≈ $210K–$349K
Est. revenue (rough)

Moreno's Trucking LLC

Butler, IN· ~15 mi

General Freight Trucking, Local

$90K
SBA financing: ≈ $176K–$294K
Est. revenue (rough)

Nusbaum Transportation LLC

Hudson, IN· ~12 mi

General Freight Trucking, Local

$160K
SBA financing: ≈ $314K–$523K
Est. revenue (rough)

Sabahudin Mustedanagic

Fort Wayne, IN· ~33 mi

General Freight Trucking, Local

$91K
SBA financing: ≈ $179K–$298K
Est. revenue (rough)

Balkan Xpedited Inc

Fort Wayne, IN· ~35 mi

General Freight Trucking, Local

$96K
SBA financing: ≈ $188K–$313K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Shane Groves in Angola, IN (General Freight Trucking, Local). 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 $100K
On record FY2020
3 jobs supported
Industry: General Freight Trucking, Local
Location: Angola, IN
Lender: BayFirst National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Local businesses in IN for ~$100k 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/shane-groves-in
API:: https://dealroom.so/api/public/businesses/shane-groves-in
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 Shane Groves 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 Shane Groves.