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The Only Bean — SBA Loan Record (Grand Rapids, MI) | DealRoom

Intelligence/Other Grocery and Related Products Merchant Wholesalers/MI

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SBA lending record

The Only Bean

40 Pearl Street Suite 200A, Grand Rapids, MI 49503 · Other Grocery and Related Products Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$73K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

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

Is The Only Bean 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

$72,800 — FY2020

Gross approval: $72,800
SBA guaranteed: $36,400 (50%)
Status: Paid in full
Rate at approval: 5.85% f
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/9/2019
First disbursement: 12/31/2019
Days to fund: 83 days
Paid in full: 10/31/2023
Collateral: Required
Business type: Corporation
Business age: Unanswered
Industry: Other Grocery and Related Products Merchant Wholesalers
NAICS code: 424490
Lender: The Huntington National Bank
Address: 40 Pearl Street Suite 200A
City: Grand Rapids, 49503
County: Kent
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 2

The lender

The Huntington 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 other grocery and related products merchant wholesalers — by location, industry.

SBA lenders in Michigan Lenders for other grocery and related products merchant wholesalers Other Grocery and Related Products Merchant Wholesalers lenders in Michigan

Similar businesses

Comparable other grocery and related products merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

POCHIS SWEET DESIGN LLC

Grand Rapids, MI· ~0 mi

Other Grocery and Related Products Merchant Wholesalers

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

JK DISTRIBUTORS WHOLESALE, LLC

Grand Rapids, MI· ~4 mi

Other Grocery and Related Products Merchant Wholesalers

$30K
SBA financing: ≈ $59K–$98K
Est. revenue (rough)

THE ONLY BEAN LLC

Grand Rapids, MI· ~0 mi

Other Grocery and Related Products Merchant Wholesalers

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

Best Choice Wholesale LLC

Middleville, MI· ~20 mi

Other Grocery and Related Products Merchant Wholesalers

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

Kalamazoo Coffee Company LLC

Kalamazoo, MI· ~47 mi

Other Grocery and Related Products Merchant Wholesalers

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

Saintmarie Distributing LLC

Lansing, MI· ~61 mi

Other Grocery and Related Products Merchant Wholesalers

$129K
SBA financing: ≈ $253K–$422K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for The Only Bean in Grand Rapids, MI (Other Grocery and Related Products Merchant Wholesalers). 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 $73K
On record FY2020
Industry: Other Grocery and Related Products Merchant Wholesalers
Location: Grand Rapids, MI
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Grocery and Related Products Merchant Wholesalers businesses in MI for ~$73k 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/the-only-bean-mi
API:: https://dealroom.so/api/public/businesses/the-only-bean-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 Only Bean 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 Only Bean.