SBA lending record
TRAVERSE RACING LLC
1212 W SOUTH AIRPORT RD, Traverse City, MI 49686 · All Other Amusement and Recreation Industries. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2023
On record
6
Jobs supported
Franchise brand
K1 Speed
See K1 Speed's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$5,000,000 — FY2023
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- In liquidation
- Rate at approval
- 8% f
- Term
- 248 mo (21 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/27/2023
- First disbursement
- 10/4/2023
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 6
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for TRAVERSE RACING LLC in Traverse City, MI (All Other Amusement and Recreation Industries). 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 $5.0M
- On record FY2023
- 6 jobs supported
- Industry: All Other Amusement and Recreation Industries
- Location: Traverse City, MI
- Lender: Old National 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 TRAVERSE RACING LLC 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 TRAVERSE RACING LLC.