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SBA lending record

MICHAEL COGER

2029 WETZEL LAKE RD, Mancelona, MI 49659 · 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.

$81K

Total SBA financing

2

Loans on record

FY2022

On record

2

Jobs supported

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

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All 2 loans

$25,100 — FY2022

Loan 1 of 2
Gross approval
$25,100
SBA guaranteed
$12,550 (50%)
Status
Paid in full
Rate at approval
7% v
Term
60 mo (5 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
7/12/2022
First disbursement
7/14/2022
Days to fund
2 days
Paid in full
11/30/2025
Collateral
Required
Jobs supported
1
Business type
Individual
Business age
Existing or more than 2 years old
Industry
General Freight Trucking, Long-Distance, Truckload
NAICS code
484121
Address
2029 WETZEL LAKE RD
City
Mancelona, 49659
County
Antrim
SBA district office
MICHIGAN DISTRICT OFFICE
Congressional district
1

$55,700 — FY2022

Loan 2 of 2
Gross approval
$55,700
SBA guaranteed
$27,850 (50%)
Status
Paid in full
Rate at approval
5.5% v
Term
60 mo (5 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
11/11/2021
First disbursement
11/30/2021
Days to fund
19 days
Paid in full
11/30/2025
Collateral
Required
Jobs supported
1
Business type
Individual
Business age
Existing or more than 2 years old
Industry
Specialized Freight (except Used Goods) Trucking, Long-Dista
NAICS code
484230
Address
2029 WETZEL LAKE RD
City
Mancelona, 49659
County
Antrim
SBA district office
MICHIGAN DISTRICT OFFICE
Congressional district
1

The lender

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Similar businesses

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 MICHAEL COGER in Mancelona, 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.

  • 2 SBA 7(a) loans totaling $81K
  • On record FY2022
  • 2 jobs supported
  • Industry: General Freight Trucking, Long-Distance, Truckload
  • Location: Mancelona, MI
  • Lender: The Huntington National 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 ~$40k 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 MICHAEL COGER.

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