SBA lending record
DEREK C CARROLL
1001 N Saginaw St, Durand, MI 48429 · Water Supply and Irrigation Systems. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$139K
Total SBA financing
1
Loan on record
FY2025
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$138,600 — FY2025
- Gross approval
- $138,600
- SBA guaranteed
- $117,810 (85%)
- Status
- Cancelled
- Rate at approval
- 12.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/8/2025
- Collateral
- Required
- Jobs supported
- 5
- Business type
- Individual
- Business age
- Existing or more than 2 years old
- Industry
- Water Supply and Irrigation Systems
- NAICS code
- 221310
- Lender
- Northeast Bank
- Address
- 1001 N Saginaw St
- City
- Durand, 48429
- County
- Shiawassee
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 4
The lender
Find SBA lenders for businesses like this
The banks most active funding water supply and irrigation systems — by location, industry.
Similar businesses
Comparable water supply and irrigation systems in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
EMESCO SUPPLY
Howell, MI· ~19 mi
Water Supply and Irrigation Systems
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
GAUTHIER GROUP, INC.
Grand Rapids, MI· ~83 mi
Conserva Irrigation
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Buckeye Irrigation LLC
Pemberville, OH· ~112 mi
Water Supply and Irrigation Systems
- $189K
- SBA financing
- ≈ $370K–$616K
- Est. revenue (rough)
D L WATTS PROPERTIES, LLC
Springfield, MI· ~77 mi
Water Supply and Irrigation Systems
- $233K
- SBA financing
- ≈ $457K–$762K
- Est. revenue (rough)
Aqua Resolution LLC
Lombard, IL· ~219 mi
RainSoft - Dealer Agreement
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Sprinkler Pro LLC
Twinsburg, OH· ~172 mi
Water Supply and Irrigation Systems
- $125K
- SBA financing
- ≈ $244K–$407K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for DEREK C CARROLL in Durand, MI (Water Supply and Irrigation Systems). 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 $139K
- On record FY2025
- 5 jobs supported
- Industry: Water Supply and Irrigation Systems
- Location: Durand, MI
- Lender: Northeast Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Water Supply and Irrigation Systems businesses in MI for ~$139k 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 DEREK C CARROLL.