SBA lending record
GRACE COFFEE LLC
496 Ada Dr, Ada, MI 49301 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.5M
Total SBA financing
3
Loans on record
FY2020–25
On record
81
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is GRACE COFFEE LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 3 loans
$1,032,000 — FY2025
Loan 1 of 3- Gross approval
- $1,032,000
- SBA guaranteed
- $774,000 (75%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/23/2025
- First disbursement
- 7/10/2025
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 13
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
- NAICS code
- 722511
- Lender
- Everwise Credit Union
- Address
- 28 S. Main St.
- City
- Rockford Mi, 49341
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 3
$50,000 — FY2023
Loan 2 of 3- Gross approval
- $50,000
- SBA guaranteed
- $25,000 (50%)
- Status
- Current
- Rate at approval
- 9.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/30/2023
- First disbursement
- 4/4/2023
- Days to fund
- 5 days
- Collateral
- None
- Jobs supported
- 43
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Food Service Contractors
- NAICS code
- 722310
- Address
- 1000 East Paris Suite 4
- City
- Grand Rapids, 49546
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
$396,000 — FY2020
Loan 3 of 3- Gross approval
- $396,000
- SBA guaranteed
- $297,000 (75%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/22/2019
- First disbursement
- 1/31/2020
- Days to fund
- 70 days
- Collateral
- Required
- Jobs supported
- 25
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Lender
- Consumers Credit Union
- Address
- 496 Ada Dr
- City
- Ada, 49301
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 3
The lenders
Consumers Credit Union
1 loan to this businessFull SBA lending record + branches on the lender page →The Huntington 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 limited-service restaurants — by location, industry.
Similar businesses
Comparable limited-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Bilderbeck LLC
Grand Rapids, MI· ~3 mi
Little Caesars
- $831K
- SBA financing
- ≈ $1.6M–$2.7M
- Est. revenue (rough)
HOG WILD BARBECUE, LLC
Holland, MI· ~33 mi
Limited-Service Restaurants
- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
S & S Foods LLC
Wyoming, MI· ~12 mi
McAlister's Deli
- $962K
- SBA financing
- ≈ $1.9M–$3.1M
- Est. revenue (rough)
ANU SUSHI LLC
Grand Rapids, MI· ~4 mi
Anu Sushi
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
RADACLS ENTEPRISES, LLC.
Caledonia, MI· ~10 mi
Chick'nCone
- $585K
- SBA financing
- ≈ $1.1M–$1.9M
- Est. revenue (rough)
Sidestreets Delicatessen
Charlotte, MI· ~43 mi
Limited-Service Restaurants
- $1.6M
- SBA financing
- ≈ $3.2M–$5.3M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for GRACE COFFEE LLC in Ada, MI (Limited-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.
- 3 SBA 7(a) loans totaling $1.5M
- On record FY2020–25
- 81 jobs supported
- Industry: Limited-Service Restaurants
- Location: Ada, MI
- Lenders: Consumers Credit Union, The Huntington National Bank, Everwise Credit Union
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in MI for ~$493k 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 GRACE COFFEE LLC.