SBA lending record

GB Group LLC

2457 Breton Road SE, Grand Rapids, MI 49506 · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$385K

Total SBA financing

Loans on record

FY2025

On record

Jobs supported

Franchise brand

Rita's Ice-Custard-Happiness

See Rita's Ice-Custard-Happiness'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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All 2 loans

$335,000 — FY2025

Loan 1 of 2

Gross approval: $335,000
SBA guaranteed: $251,250 (75%)
Status: Current
Rate at approval: 10.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/31/2024
First disbursement: 11/19/2024
Days to fund: 19 days
Collateral: Required
Jobs supported: 12
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Snack and Nonalcoholic Beverage Bars
NAICS code: 722515
Franchise: Rita's Ice-Custard-Happiness
Franchise code: S1435
Lender: The Huntington National Bank
Address: 2457 Breton Road SE
City: Grand Rapids, 49506
County: Kent
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 3

$50,000 — FY2025

Loan 2 of 2

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Committed
Rate at approval: 10.75% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/31/2024
Collateral: Required
Jobs supported: 12
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Snack and Nonalcoholic Beverage Bars
NAICS code: 722515
Franchise: Rita's Ice-Custard-Happiness
Franchise code: S1435
Lender: The Huntington National Bank
Address: 2457 Breton Road SE
City: Grand Rapids, 49506
County: Kent
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 3

The lender

The Huntington National Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding snack and nonalcoholic beverage bars — by location, industry, and brand.

SBA lenders in Michigan Lenders for snack and nonalcoholic beverage bars Snack and Nonalcoholic Beverage Bars lenders in Michigan Rita's Ice-Custard-Happiness lenders Rita's Ice-Custard-Happiness lenders in Michigan

Other Rita's Ice-Custard-Happiness locations

Other Rita's Ice-Custard-Happiness businesses in the public SBA record — closest first, by location and deal size.

Happy Thoughts Inc.

Summerville, SC

Rita's Ice-Custard-Happiness

$449K
SBA financing: ≈ $880K–$1.5M
Est. revenue (rough)

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Delights Enterprises LLC

Mchenry, IL· ~141 mi

Rita's Ice-Custard-Happiness

$445K
SBA financing: ≈ $872K–$1.5M
Est. revenue (rough)

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AMILAXMI I INC

Lahaska, PA

Rita's Ice-Custard-Happiness

$270K
SBA financing: ≈ $529K–$881K
Est. revenue (rough)

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MJM Ices, LLC

Monroeville, PA· ~346 mi

Rita's Ice-Custard-Happiness

$339K
SBA financing: ≈ $665K–$1.1M
Est. revenue (rough)

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His & Her Ice, LLC

Parkville, MD· ~530 mi

Rita's Ice-Custard-Happiness

$370K
SBA financing: ≈ $725K–$1.2M
Est. revenue (rough)

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Columbia May LLC

Cincinnati, OH· ~260 mi

Rita's Ice-Custard-Happiness

$548K
SBA financing: ≈ $1.1M–$1.8M
Est. revenue (rough)

View record

Similar businesses

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

Dough For It LLC

Grand Rapids, MI· ~6 mi

Snack and Nonalcoholic Beverage Bars

$400K
SBA financing: ≈ $784K–$1.3M
Est. revenue (rough)

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Grow Respect, LLC

Grand Rapids, MI· ~4 mi

Snack and Nonalcoholic Beverage Bars

$238K
SBA financing: ≈ $467K–$778K
Est. revenue (rough)

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Mojam Desserts LLC

Walker, MI· ~10 mi

The Pump House

$280K
SBA financing: ≈ $549K–$915K
Est. revenue (rough)

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Wildroast Properties, LLC

Grandville, MI· ~8 mi

Snack and Nonalcoholic Beverage Bars

$485K
SBA financing: ≈ $950K–$1.6M
Est. revenue (rough)

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T&A Scoops LLC

Comstock Park, MI· ~8 mi

Snack and Nonalcoholic Beverage Bars

$248K
SBA financing: ≈ $485K–$809K
Est. revenue (rough)

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MDE Rentals II, LLC

Dorr, MI· ~14 mi

Biggby Coffee

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for GB Group LLC in Grand Rapids, MI (Snack and Nonalcoholic Beverage Bars). 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 $385K
On record FY2025
24 jobs supported
Industry: Snack and Nonalcoholic Beverage Bars
Location: Grand Rapids, MI
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Snack and Nonalcoholic Beverage Bars businesses in MI for ~$193k 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/gb-group-llc-mi
API:: https://www.capbench.com/api/public/businesses/gb-group-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 GB Group LLC.