SBA lending record

BITS N GIGS INC

8197 COOLEY LAKE RD, Commerce Township, MI 48382 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$50K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

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The loan

$50,000 — FY2024

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/2/2024
First disbursement: 7/16/2024
Days to fund: 14 days
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Limited-Service Restaurants
NAICS code: 722513
Lender: The Huntington National Bank
Address: 8197 COOLEY LAKE RD
City: Commerce Township, 48382
County: Oakland
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 11

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 limited-service restaurants — by location, industry.

SBA lenders in Michigan Lenders for limited-service restaurants Limited-Service Restaurants lenders in Michigan

Similar businesses

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

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SBA financing: ≈ $75K–$124K
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SBA financing: ≈ $98K–$163K
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222 NORTHERN BREW, LLC

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$50K
SBA financing: ≈ $98K–$163K
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Shelby Food Management Inc

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$50K
SBA financing: ≈ $98K–$163K
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BH Tubby's INC.

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

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Agent summary

This page summarizes the public SBA 7(a) lending record for BITS N GIGS INC in Commerce Township, MI (Limited-Service Restaurants). 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 $50K
On record FY2024
6 jobs supported
Industry: Limited-Service Restaurants
Location: Commerce Township, MI
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in MI for ~$50k 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/bits-n-gigs-inc-mi
API:: https://www.capbench.com/api/public/businesses/bits-n-gigs-inc-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.

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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 BITS N GIGS INC.