SBA lending record

Hi-Lo Builders Inc.

9617 Baumhoff Ave NW, Sparta, MI 49345 · Residential Remodelers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$125K

Total SBA financing

Loan on record

FY2022

On record

—

Jobs supported

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

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The loan

$125,000 — FY2022

Gross approval: $125,000
SBA guaranteed: $62,500 (50%)
Status: Cancelled
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/13/2022
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Residential Remodelers
NAICS code: 236118
Lender: The Huntington National Bank
Address: 9617 Baumhoff Ave NW
City: Sparta, 49345
County: Kent
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 2

The lender

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 residential remodelers — by location, industry.

SBA lenders in Michigan Lenders for residential remodelers Residential Remodelers lenders in Michigan

Similar businesses

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

LUMBERT HOME FINISHES LLC

Bemont, MI· ~7 mi

Residential Remodelers

$121K
SBA financing: ≈ $236K–$394K
Est. revenue (rough)

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BUILDSTAR HOME IMPROVEMENT LLC

Grand Rapids, MI· ~11 mi

Residential Remodelers

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

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JW Remodeling LLC

Grand Rapids, MI· ~13 mi

Residential Remodelers

$115K
SBA financing: ≈ $225K–$376K
Est. revenue (rough)

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Legacy Roofing & Restorations LLC

Coopersville, MI· ~10 mi

Residential Remodelers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

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KAMPS SIDING AND EXTERIORS, LLC

Ravenna, MI· ~13 mi

Residential Remodelers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

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ENCOMPASS DESIGN SOLUTIONS, LLC

Jenison, MI· ~16 mi

Residential Remodelers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Hi-Lo Builders Inc. in Sparta, MI (Residential Remodelers). 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 $125K
On record FY2022
Industry: Residential Remodelers
Location: Sparta, MI
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Residential Remodelers businesses in MI for ~$125k 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 2026-06-18.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/hi-lo-builders-inc-mi
API:: https://www.capbench.com/api/public/businesses/hi-lo-builders-inc-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 Hi-Lo Builders Inc..