SBA lending record
Cherry Republic, Inc.
223 S. Main St., Ann Arbor, MI 48104 · Nonchocolate Confectionery Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$880K
Total SBA financing
2
Loans on record
FY2024–25
On record
400
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$379,600 — FY2025
Loan 1 of 2- Gross approval
- $379,600
- SBA guaranteed
- $284,700 (75%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 52 mo (4 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/19/2025
- First disbursement
- 5/22/2025
- Days to fund
- 64 days
- Collateral
- Required
- Jobs supported
- 200
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- All Other Specialty Food Retailers
- NAICS code
- 445298
- Lender
- Independent Bank
- Address
- 319 E Central Ave
- City
- Mackinaw City, 49701
- County
- Cheboygan
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 1
$500,000 — FY2024
Loan 2 of 2- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Current
- Rate at approval
- 7.3% f
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/12/2024
- First disbursement
- 10/16/2024
- Days to fund
- 34 days
- Collateral
- Required
- Jobs supported
- 200
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Nonchocolate Confectionery Manufacturing
- NAICS code
- 311340
- Lender
- Independent Bank
- Address
- 223 S. Main St.
- City
- Ann Arbor, 48104
- County
- Washtenaw
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 12
The lender
Find SBA lenders for businesses like this
The banks most active funding nonchocolate confectionery manufacturing — by location, industry.
Similar businesses
Comparable nonchocolate confectionery manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
West Thomas Partners, LLC
Grand Rapids, MI· ~101 mi
Nonchocolate Confectionery Manufacturing
- $650K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
Poppin Top Hat LLC
Detroit, MI· ~36 mi
Nonchocolate Confectionery Manufacturing
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
TAFFY TOWN, INC.
West Jordan, UT· ~1464 mi
Nonchocolate Confectionery Manufacturing
- $930K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
Clown Global Brands LLC
Northbrook, IL· ~211 mi
Nonchocolate Confectionery Manufacturing
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Roots Chips LLC
Aberdeen, ID· ~1469 mi
Nonchocolate Confectionery Manufacturing
- $544K
- SBA financing
- ≈ $1.1M–$1.8M
- Est. revenue (rough)
hgrace Confections LLC
Pittsburgh, PA· ~227 mi
Nonchocolate Confectionery Manufacturing
- $246K
- SBA financing
- ≈ $482K–$804K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Cherry Republic, Inc. in Ann Arbor, MI (Nonchocolate Confectionery Manufacturing). 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.
- 2 SBA 7(a) loans totaling $880K
- On record FY2024–25
- 400 jobs supported
- Industry: Nonchocolate Confectionery Manufacturing
- Location: Ann Arbor, MI
- Lender: Independent Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Nonchocolate Confectionery Manufacturing businesses in MI for ~$440k 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 Cherry Republic, Inc..