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SBA lending record

Asma Acquisition Limited

2711 CANOE CIRCLE DR, Lake Orion, MI 48360 · Industrial Supplies Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$515K

Total SBA financing

1

Loan on record

FY2021

On record

7

Jobs supported

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

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The loan

$515,000 — FY2021

Gross approval: $515,000
SBA guaranteed: $463,500 (90%)
Status: Current
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/29/2021
First disbursement: 9/8/2021
Days to fund: 41 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 7
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Industrial Supplies Merchant Wholesalers
NAICS code: 423840
Lender: First Internet Bank of Indiana
Address: 2711 CANOE CIRCLE DR
City: Lake Orion, 48360
County: Oakland
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 8

The lender

First Internet Bank of Indiana

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 industrial supplies merchant wholesalers — by location, industry.

SBA lenders in Michigan Lenders for industrial supplies merchant wholesalers Industrial Supplies Merchant Wholesalers lenders in Michigan

Similar businesses

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

2 SG Woodworks, LLC

Clinton Township, MI· ~25 mi

Industrial Supplies Merchant Wholesalers

$452K
SBA financing: ≈ $887K–$1.5M
Est. revenue (rough)

Hand Sales LLC

Sterling Heights, MI· ~16 mi

Industrial Supplies Merchant Wholesalers

$3.1M
SBA financing: ≈ $6.2M–$10M
Est. revenue (rough)

K. Taylor Holdings, LLC

Brunswick, OH· ~130 mi

Industrial Supplies Merchant Wholesalers

$678K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

SJW Properties, LLC

Adrian, MI· ~71 mi

Industrial Supplies Merchant Wholesalers

$325K
SBA financing: ≈ $637K–$1.1M
Est. revenue (rough)

GROUP PACKAGING SOLUTIONS, INC

Cleveland, OH· ~126 mi

Industrial Supplies Merchant Wholesalers

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

SEAL-TEC, INC.

Grand Rapids, MI· ~116 mi

Industrial Supplies Merchant Wholesalers

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Asma Acquisition Limited in Lake Orion, MI (Industrial Supplies Merchant Wholesalers). 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 $515K
On record FY2021
7 jobs supported
Industry: Industrial Supplies Merchant Wholesalers
Location: Lake Orion, MI
Lender: First Internet Bank of Indiana

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Industrial Supplies Merchant Wholesalers businesses in MI for ~$515k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/asma-acquisition-limited-mi
API:: https://www.capbench.com/api/public/businesses/asma-acquisition-limited-mi
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.

Is Asma Acquisition Limited your business?

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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 Asma Acquisition Limited.

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