SBA lending record

Chris' Cycle Centre, LLC

25 Stonington Road, Mystic, CT · Sporting Goods Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$300K

Total SBA financing

Loans on record

FY2020–22

On record

Jobs supported

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All 2 loans

$200,000 — FY2022

Loan 1 of 2

Gross approval: $200,000
SBA guaranteed: $150,000 (75%)
Status: Current
Rate at approval: 4.5% v
Term: 84 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/7/2022
First disbursement: 4/25/2022
Days to fund: 108 days
Collateral: Required
Jobs supported: 21
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Sporting Goods Stores
NAICS code: 451110
Lender: Chelsea Groton Bank
Address: 25 STONINGTON RD
City: Mystic
County: New London
SBA district office: CONNECTICUT DISTRICT OFFICE
Congressional district: 2

$100,000 — FY2020

Loan 2 of 2

Gross approval: $100,000
SBA guaranteed: $75,000 (75%)
Status: Paid in full
Rate at approval: 4.75% v
Term: 84 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 7/3/2020
First disbursement: 7/31/2020
Days to fund: 28 days
Paid in full: 1/31/2022
Collateral: Required
Jobs supported: 10
Business type: Corporation
Business age: Change of Ownership
Industry: Sporting Goods Stores
NAICS code: 451110
Lender: Chelsea Groton Bank
Address: 25 Stonington Road
City: Mystic
County: New London
SBA district office: CONNECTICUT DISTRICT OFFICE
Congressional district: 2

The lender

Chelsea Groton Bank

2 loans to this business

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The banks most active funding sporting goods stores — by location, industry.

SBA lenders in Connecticut Lenders for sporting goods stores Sporting Goods Stores lenders in Connecticut

Similar businesses

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

Chris' Cycle Centre, LLC

Mystic, CT· ~0 mi

Sporting Goods Stores

$264K
SBA financing: ≈ $518K–$863K
Est. revenue (rough)

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Martial Arts City Supplies Inc.

Freeport, NY· ~97 mi

Sporting Goods Stores

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

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168 Industries LLC

Marlton, NJ

Sporting Goods Stores

$299K
SBA financing: ≈ $586K–$977K
Est. revenue (rough)

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K AND L HOLDINGS INC

Middlebury, CT

Sporting Goods Stores

$620K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

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ALPINE ADVENTURES LLC

Killington, VT· ~163 mi

Sporting Goods Stores

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

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Bike Depot Inc

Brooklyn, NY· ~112 mi

Sporting Goods Stores

$450K
SBA financing: ≈ $882K–$1.5M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Chris' Cycle Centre, LLC in Mystic, CT (Sporting Goods 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.

2 SBA 7(a) loans totaling $300K
On record FY2020–22
31 jobs supported
Industry: Sporting Goods Stores
Location: Mystic, CT
Lender: Chelsea Groton Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sporting Goods Stores businesses in CT for ~$150k 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/chris-cycle-centre-llc-ct
API:: https://www.capbench.com/api/public/businesses/chris-cycle-centre-llc-ct
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 Chris' Cycle Centre, LLC.