SBA lending record
ALPHA GROUP DEVELOPMENT LLC
306 S Maplewood, Greenville, MI 48838 · Hardware Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.8M
Total SBA financing
1
Loan on record
FY2021
On record
49
Jobs supported
Franchise brand
Ace Hardware
See Ace Hardware'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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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.
The loan
$2,758,000 — FY2021
- Gross approval
- $2,758,000
- SBA guaranteed
- $2,482,200 (90%)
- Status
- Current
- Rate at approval
- 4.25% v
- Term
- 288 mo (24 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/26/2021
- First disbursement
- 5/19/2021
- Days to fund
- 54 days
- Collateral
- Required
- Jobs supported
- 49
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Hardware Stores
- NAICS code
- 444130
- Franchise
- Ace Hardware
- Franchise code
- S0067
- Lender
- United Bank of Michigan
- Address
- 306 S Maplewood
- City
- Greenville, 48838
- County
- Montcalm
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 3
The lender
United Bank of Michigan
1 loan to this businessFind SBA lenders for businesses like this
The banks most active funding hardware stores — by location, industry, and brand.
Other Ace Hardware locations
Other Ace Hardware businesses in the public SBA record — closest first, by location and deal size.
CJ's Ace Hardware
Greenville, MI· ~0 mi
Ace Hardware
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Grand Haven Ace LLC
Grand Haven, MI· ~46 mi
Ace Hardware
- $1.8M
- SBA financing
- ≈ $3.5M–$5.8M
- Est. revenue (rough)
Atkinson AHR LLC
Reese, MI· ~82 mi
Ace Hardware
- $2.4M
- SBA financing
- ≈ $4.7M–$7.8M
- Est. revenue (rough)
Visser Hardware, LLC
Holland, MI· ~50 mi
Ace Hardware
- $1.1M
- SBA financing
- ≈ $2.1M–$3.5M
- Est. revenue (rough)
White Lake Ace, LLC
Whitehall, MI· ~54 mi
Ace Hardware
- $1.0M
- SBA financing
- ≈ $2.1M–$3.4M
- Est. revenue (rough)
Clouse Reed City Properties, LLC
Reed City, MI· ~49 mi
Ace Hardware
- $916K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
Similar businesses
Comparable hardware stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Big Rapids Cash & Carry Inc
Big Rapids, MI· ~37 mi
Do it Best – Membership Agreement
- $2.2M
- SBA financing
- ≈ $4.2M–$7.0M
- Est. revenue (rough)
Owata Nelson Company
Coon Rapids, MN· ~419 mi
Ace Hardware
- $3.2M
- SBA financing
- ≈ $6.3M–$10M
- Est. revenue (rough)
The Leader Department Store, Inc.
Zion, IL· ~139 mi
Ace Hardware
- $1.1M
- SBA financing
- ≈ $2.2M–$3.6M
- Est. revenue (rough)
Elfstrand's Ace Hardware
Mitchell, SD· ~640 mi
Ace Hardware
- $4.3M
- SBA financing
- ≈ $8.5M–$14M
- Est. revenue (rough)
Scott Bresson Properties LLC
Portage, MI· ~70 mi
Do it Best – Membership Agreement
- $734K
- SBA financing
- ≈ $1.4M–$2.4M
- Est. revenue (rough)
MYTOWN STORES INC.
Rockford, MI· ~38 mi
Ace Hardware
- $128K
- SBA financing
- ≈ $251K–$418K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for ALPHA GROUP DEVELOPMENT LLC in Greenville, MI (Hardware Stores). CapBench 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 $2.8M
- On record FY2021
- 49 jobs supported
- Industry: Hardware Stores
- Location: Greenville, MI
- Lender: United Bank of Michigan
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hardware Stores businesses in MI for ~$2.8M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- 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); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with ALPHA GROUP DEVELOPMENT LLC.