SBA lending record

Doughty LLC

110 NEWBERRY AVE, Newberry, MI 49868 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$559K

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

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

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The loan

$559,000 — FY2021

Gross approval: $559,000
SBA guaranteed: $503,100 (90%)
Status: Current
Rate at approval: 5.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 9/21/2021
First disbursement: 9/21/2021
Days to fund: 0 days
Collateral: Required
Jobs supported: 32
Business type: Corporation
Business age: Change of Ownership
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Nicolet National Bank
Address: 110 NEWBERRY AVE
City: Newberry, 49868
County: Luce
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 full-service restaurants — by location, industry.

SBA lenders in Michigan Lenders for full-service restaurants Full-Service Restaurants lenders in Michigan

Similar businesses

Comparable full-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: ≈ $971K–$1.6M
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SBA financing: ≈ $621K–$1.0M
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Brandy's Harbortown, Inc.

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$524K
SBA financing: ≈ $1.0M–$1.7M
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Premier Restaurants, L.L.C.

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Full-Service Restaurants

$759K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

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CVP Enterprises LLC

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Full-Service Restaurants

$553K
SBA financing: ≈ $1.1M–$1.8M
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Sam's Graces Cafe, LLC

Petoskey, MI· ~87 mi

Full-Service Restaurants

$885K
SBA financing: ≈ $1.7M–$2.9M
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Agent summary

This page summarizes the public SBA 7(a) lending record for Doughty LLC in Newberry, MI (Full-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 $559K
On record FY2021
32 jobs supported
Industry: Full-Service Restaurants
Location: Newberry, MI
Lender: Nicolet National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MI for ~$559k 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/doughty-llc-mi
API:: https://www.capbench.com/api/public/businesses/doughty-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 Doughty LLC.