SBA lending record
FR1, Inc.
7981 Elizabeth Lake Road, Waterford, MI 48327 · Gasoline Stations with Convenience Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$830K
Total SBA financing
1
Loan on record
FY2022
On record
6
Jobs supported
Franchise brand
High Pointe Oil Company, Inc (Shell) Franchised Dealer Suppl
See High Pointe Oil Company, Inc (Shell) Franchised Dealer Suppl's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$830,000 — FY2022
- Gross approval
- $830,000
- SBA guaranteed
- $622,500 (75%)
- Status
- Current
- Rate at approval
- 6.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/29/2022
- First disbursement
- 8/1/2022
- Days to fund
- 3 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Gasoline Stations with Convenience Stores
- NAICS code
- 457110
- Franchise
- High Pointe Oil Company, Inc (Shell) Franchised Dealer Suppl
- Franchise code
- S4842
- Address
- 7981 Elizabeth Lake Road
- City
- Waterford, 48327
- County
- Oakland
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 11
The lender
First Internet Bank of Indiana
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 gasoline stations with convenience stores — by location, industry, and brand.
Other High Pointe Oil Company, Inc (Shell) Franchised Dealer Suppl locations
Other High Pointe Oil Company, Inc (Shell) Franchised Dealer Suppl businesses in the public SBA record — closest first, by location and deal size.
Similar businesses
Comparable gasoline stations with convenience stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
HIGHLAND FUEL MART TEAM, LLC
Waterford, MI· ~1 mi
Gasoline Stations with Convenience Stores
- $800K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
Union Lake Fuels, Inc.
Commerce Township, MI· ~2 mi
Gasoline Stations with Convenience Stores
- $1.8M
- SBA financing
- ≈ $3.5M–$5.9M
- Est. revenue (rough)
A&B ONE STOP INC
Clinton Township, MI· ~25 mi
Gasoline Stations with Convenience Stores
- $750K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
R&H Real Estate LLC
Detroit, MI· ~25 mi
Gasoline Stations with Convenience Stores
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Troy Gas Station, Inc.
Troy, MI· ~16 mi
Michigan Fuels, Inc (ExxonMobil) Petroleum Products Supply A
- $497K
- SBA financing
- ≈ $975K–$1.6M
- Est. revenue (rough)
Private One LLC
Detroit, MI· ~22 mi
Gasoline Stations with Convenience Stores
- $1.4M
- SBA financing
- ≈ $2.8M–$4.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for FR1, Inc. in Waterford, MI (Gasoline Stations with 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 $830K
- On record FY2022
- 6 jobs supported
- Industry: Gasoline Stations with Convenience Stores
- Location: Waterford, MI
- Lender: First Internet Bank of Indiana
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Gasoline Stations with Convenience Stores businesses in MI for ~$830k 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 FR1, Inc..