SBA lending record

VELOCITY MASTER PLUMBING, LLC

12232 OLD FARM LN, Grass Lake, MI 49240 · Plumbing, Heating, and Air-Conditioning Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$235K

Total SBA financing

Loans on record

FY2022–24

On record

Jobs supported

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

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All 2 loans

$124,200 — FY2024

Loan 1 of 2

Gross approval: $124,200
SBA guaranteed: $105,570 (85%)
Status: Current
Rate at approval: 8.5% v
Term: 120 mo (10 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/11/2024
First disbursement: 6/17/2024
Days to fund: 6 days
Collateral: Required
Jobs supported: 3

The lender

Chelsea State Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for VELOCITY MASTER PLUMBING, LLC in Grass Lake, MI (Plumbing, Heating, and Air-Conditioning Contractors). 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.

2 SBA 7(a) loans totaling $235K
On record FY2022–24
3 jobs supported
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Grass Lake, MI
Lender: Chelsea State Bank

Next steps

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