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The Copper Loon L.L.C. — SBA Loan Record (Copper Harbor, MI) | DealRoom

Intelligence/Gift, Novelty, and Souvenir Retailers/MI

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SBA lending record

The Copper Loon L.L.C.

242 1st Street, Copper Harbor, MI 49918 · Gift, Novelty, and Souvenir Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$720K

Total SBA financing

1

Loan on record

FY2023

On record

6

Jobs supported

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

Is The Copper Loon L.L.C. 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

$720,000 — FY2023

Gross approval: $720,000
SBA guaranteed: $540,000 (75%)
Status: Current
Rate at approval: 9.75% v
Term: 174 mo (15 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 7/28/2023
First disbursement: 9/15/2023
Days to fund: 49 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 6
Business type: Corporation
Business age: Change of Ownership
Industry: Gift, Novelty, and Souvenir Retailers
NAICS code: 459420
Lender: IncredibleBank
Address: 242 1st Street
City: Copper Harbor, 49918
County: Keweenaw
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

The lender

IncredibleBank

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 gift, novelty, and souvenir retailers — by location, industry.

SBA lenders in Michigan Lenders for gift, novelty, and souvenir retailers Gift, Novelty, and Souvenir Retailers lenders in Michigan

Similar businesses

Comparable gift, novelty, and souvenir retailers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Huffman Enterprises, LLC

Charlevoix, MI· ~194 mi

Gift, Novelty, and Souvenir Retailers

$518K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

Spirit Dreams, Inc.

Grand Rapids, MI· ~330 mi

Gift, Novelty, and Souvenir Retailers

$670K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

MEDIUM PLUS LLC

Seattle, WA· ~1593 mi

Gift, Novelty, and Souvenir Retailers

$663K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

ASSA 3 INC

Seattle, WA· ~1594 mi

Gift, Novelty, and Souvenir Retailers

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

UP Trading and Exclusive Moose LLC

Newberry, MI· ~136 mi

Gift, Novelty, and Souvenir Retailers

$287K
SBA financing: ≈ $563K–$938K
Est. revenue (rough)

Eastridge Enterprises, LLC

Ypsilanti, MI· ~417 mi

Gift, Novelty, and Souvenir Retailers

$463K
SBA financing: ≈ $908K–$1.5M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for The Copper Loon L.L.C. in Copper Harbor, MI (Gift, Novelty, and Souvenir 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 $720K
On record FY2023
6 jobs supported
Industry: Gift, Novelty, and Souvenir Retailers
Location: Copper Harbor, MI
Lender: IncredibleBank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Gift, Novelty, and Souvenir Retailers businesses in MI for ~$720k 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 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/the-copper-loon-l-l-c-mi
API:: https://dealroom.so/api/public/businesses/the-copper-loon-l-l-c-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 The Copper Loon L.L.C. 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 The Copper Loon L.L.C..