SBA lending record

Bolda Properties, LLC

9787 County 513 T Road, Rapid River, MI 49878 · Convenience Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$325K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

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

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The loan

$325,000 — FY2020

Gross approval: $325,000
SBA guaranteed: $243,750 (75%)
Status: In liquidation
Rate at approval: 7.25% v
Term: 240 mo (20 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 10/1/2019
First disbursement: 10/3/2019
Days to fund: 2 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 11
Business type: Corporation
Business age: Change of Ownership
Industry: Convenience Stores
NAICS code: 445120
Lender: Nicolet National Bank
Address: 9787 County 513 T Road
City: Rapid River, 49878
County: Delta
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

The lender

Nicolet 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 convenience stores — by location, industry.

SBA lenders in Michigan Lenders for convenience stores Convenience Stores lenders in Michigan

Similar businesses

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

Loufam LLC

Sault Sainte Marie, MI· ~128 mi

Convenience Stores

$335K
SBA financing: ≈ $657K–$1.1M
Est. revenue (rough)

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GAJ Liquors, LLC

Ludington, MI· ~137 mi

Convenience Stores

$344K
SBA financing: ≈ $674K–$1.1M
Est. revenue (rough)

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ELASHRI AMERICAN HOLDING GROUP INC

Minneapolis, MN· ~318 mi

Convenience Stores

$278K
SBA financing: ≈ $545K–$909K
Est. revenue (rough)

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Jolliff Enterprises, Inc.

Hubbard Lake, MI· ~176 mi

Convenience Stores

$466K
SBA financing: ≈ $914K–$1.5M
Est. revenue (rough)

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Brix Grocery & Meat, Inc.

Minneapolis, MN· ~318 mi

Convenience Stores

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

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Namkim Corporation

Auburn, WA· ~1666 mi

Convenience Stores

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Bolda Properties, LLC in Rapid River, MI (Convenience 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 $325K
On record FY2020
11 jobs supported
Industry: Convenience Stores
Location: Rapid River, MI
Lender: Nicolet National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Convenience Stores businesses in MI for ~$325k 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/bolda-properties-llc-mi
API:: https://www.capbench.com/api/public/businesses/bolda-properties-llc-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 Bolda Properties, LLC.