SBA lending record

Magik Sing, LLC

5745 SAINT JOE RD, Fort Wayne, IN 46835 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$300K

Total SBA financing

Loans on record

FY2023–24

On record

Jobs supported

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

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All 2 loans

$150,000 — FY2024

Loan 1 of 2

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Current
Rate at approval: 12.5% v
Term: 84 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/16/2023
First disbursement: 12/6/2023
Days to fund: 20 days
Collateral: None
Jobs supported: 10
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Flagship Enterprise Center, Inc. (dba Bankable)
Address: 5745 Saint Joe Road
City: Fort Wayne, 46835
County: Allen
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 3

$150,000 — FY2023

Loan 2 of 2

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Cancelled
Rate at approval: 12.5% f
Term: 84 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/19/2023
Collateral: Required
Jobs supported: 10
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Flagship Enterprise Center, Inc. (dba Bankable)
Address: 5745 SAINT JOE RD
City: Fort Wayne, 46835
County: Allen
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 3

The lender

Flagship Enterprise Center, Inc. (dba Bankable)

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

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The banks most active funding full-service restaurants — by location, industry.

SBA lenders in Indiana Lenders for full-service restaurants Full-Service Restaurants lenders in Indiana

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

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SPL, INC.

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Agent summary

This page summarizes the public SBA 7(a) lending record for Magik Sing, LLC in Fort Wayne, IN (Full-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.

2 SBA 7(a) loans totaling $300K
On record FY2023–24
20 jobs supported
Industry: Full-Service Restaurants
Location: Fort Wayne, IN
Lender: Flagship Enterprise Center, Inc. (dba Bankable)

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in IN for ~$150k 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/magik-sing-llc-in
API:: https://www.capbench.com/api/public/businesses/magik-sing-llc-in
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 Magik Sing, LLC.