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SBA lending record

K & G Trans LLC

301 Donald Pl SE, Grand Rapids, MI 49506 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$377K

Total SBA financing

4

Loans on record

FY2021–25

On record

21

Jobs supported

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

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All 4 loans

$50,000 — FY2025

Loan 1 of 4
Gross approval
$50,000
SBA guaranteed
$42,500 (85%)
Status
Cancelled
Rate at approval
10.25% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
3/24/2025
Collateral
None
Jobs supported
1
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Freight Trucking, Long-Distance, Truckload
NAICS code
484121
Address
3614 3 Mile Rd NW
City
Grand Rapids, 49534
County
Kent
SBA district office
MICHIGAN DISTRICT OFFICE
Congressional district
2

$152,400 — FY2025

Loan 2 of 4
Gross approval
$152,400
SBA guaranteed
$114,300 (75%)
Status
Current
Rate at approval
9.75% v
Term
84 mo (7 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
12/9/2024
First disbursement
2/28/2025
Days to fund
81 days
Collateral
Required
Jobs supported
14
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Freight Trucking, Long-Distance, Truckload
NAICS code
484121
Address
3308 BENTWOOD DR SE
City
Grand Rapids, 49546
County
Kent
SBA district office
MICHIGAN DISTRICT OFFICE
Congressional district
2

$25,000 — FY2025

Loan 3 of 4
Gross approval
$25,000
SBA guaranteed
$12,500 (50%)
Status
Current
Rate at approval
9.5% v
Term
120 mo (10 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
2/17/2025
First disbursement
2/27/2025
Days to fund
10 days
Collateral
Required
Jobs supported
4
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Freight Trucking, Long-Distance, Truckload
NAICS code
484121
Address
3308 BENTWOOD DR SE
City
Grand Rapids, 49546
County
Kent
SBA district office
MICHIGAN DISTRICT OFFICE
Congressional district
2

$150,000 — FY2021

Loan 4 of 4
Gross approval
$150,000
SBA guaranteed
$75,000 (50%)
Status
Current
Rate at approval
5.25% v
Term
84 mo (7 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
12/15/2020
First disbursement
12/22/2020
Days to fund
7 days
Collateral
Required
Jobs supported
2
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Freight Trucking, Long-Distance, Truckload
NAICS code
484121
Address
301 Donald Pl SE
City
Grand Rapids, 49506
County
Kent
SBA district office
MICHIGAN DISTRICT OFFICE
Congressional district
3

The lenders

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Comparable general freight trucking, long-distance, truckload in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for K & G Trans LLC in Grand Rapids, MI (General Freight Trucking, Long-Distance, Truckload). 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.

  • 4 SBA 7(a) loans totaling $377K
  • On record FY2021–25
  • 21 jobs supported
  • Industry: General Freight Trucking, Long-Distance, Truckload
  • Location: Grand Rapids, MI
  • Lenders: The Huntington National Bank, Northeast Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Long-Distance, Truckload businesses in MI for ~$94k 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.
  • 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 K & G Trans LLC.

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