SBA lending record

JAM SERVICE, INC.

27795 US HIGHWAY 41, Michigamme, MI 49861 · Other Personal and Household Goods Repair and Maintenance. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$347K

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

$346,500 — FY2022

Gross approval: $346,500
SBA guaranteed: $259,875 (75%)
Status: Current
Rate at approval: 6.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/15/2022
First disbursement: 8/4/2022
Days to fund: 50 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Other Personal and Household Goods Repair and Maintenance
NAICS code: 811490
Lender: Newtek Small Business Finance, Inc.
Address: 27795 US HIGHWAY 41
City: Michigamme, 49861
County: Marquette
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding other personal and household goods repair and maintenance — by location, industry.

SBA lenders in Michigan Lenders for other personal and household goods repair and maintenance Other Personal and Household Goods Repair and Maintenance lenders in Michigan

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Agent summary

This page summarizes the public SBA 7(a) lending record for JAM SERVICE, INC. in Michigamme, MI (Other Personal and Household Goods Repair and Maintenance). 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 $347K
On record FY2022
1 jobs supported
Industry: Other Personal and Household Goods Repair and Maintenance
Location: Michigamme, MI
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Personal and Household Goods Repair and Maintenance businesses in MI for ~$347k 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/jam-service-inc-mi
API:: https://www.capbench.com/api/public/businesses/jam-service-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 JAM SERVICE, INC..