SBA lending record
Michael Dean Incorporated
10035 BIDDICK LN, Huntersville, NC 28078 · Used Merchandise Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2022
On record
105
Jobs supported
Franchise brand
Plato's Closet
See Plato's Closet's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$500,000 — FY2022
- Gross approval
- $500,000
- SBA guaranteed
- $375,000 (75%)
- Status
- Current
- Rate at approval
- 6.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/22/2022
- First disbursement
- 6/27/2022
- Days to fund
- 5 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 105
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Used Merchandise Retailers
- NAICS code
- 459510
- Franchise
- Plato's Closet
- Franchise code
- S1327
- Lender
- Live Oak Banking Company
- Address
- 10035 BIDDICK LN
- City
- Huntersville, 28078
- County
- Mecklenburg
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 8
The lender
Live Oak Banking Company
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 used merchandise retailers — by location, industry, and brand.
Other Plato's Closet locations
Other Plato's Closet businesses in the public SBA record — closest first, by location and deal size.
Plato's Closet
Chapel Hill, NC· ~106 mi
Plato's Closet
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Plato's Closet
Columbia, SC· ~96 mi
Plato's Closet
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
MJ and Pops LLC
Columbia, SC· ~102 mi
Plato's Closet
- $347K
- SBA financing
- ≈ $680K–$1.1M
- Est. revenue (rough)
Green Dragonfly LLC
Greensboro, NC· ~74 mi
Plato's Closet
- $298K
- SBA financing
- ≈ $584K–$974K
- Est. revenue (rough)
E & C Alley LLC
Johnson City, TN· ~105 mi
Plato's Closet
- $630K
- SBA financing
- ≈ $1.2M–$2.1M
- Est. revenue (rough)
CNK Endeavors Incorporated
Bristol, VA· ~109 mi
Plato's Closet
- $722K
- SBA financing
- ≈ $1.4M–$2.4M
- Est. revenue (rough)
Similar businesses
Comparable used merchandise retailers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Quad Squad Holdings LLC
Denver, NC· ~11 mi
Used Merchandise Retailers
- $895K
- SBA financing
- ≈ $1.8M–$2.9M
- Est. revenue (rough)
LEAN TEXTILES & PLASTICS, LLC
Forest City, NC· ~58 mi
Used Merchandise Retailers
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
HUNTER'S CONSIGNMENTS LLC
Rock Hill, SC· ~36 mi
Used Merchandise Retailers
- $187K
- SBA financing
- ≈ $366K–$609K
- Est. revenue (rough)
Bricks by Cannon's Keep, LLC
Kernersville, NC· ~63 mi
Bricks & Minifigs
- $308K
- SBA financing
- ≈ $604K–$1.0M
- Est. revenue (rough)
Spring Frog LLC
Sumter, SC· ~107 mi
Once Upon A Child
- $427K
- SBA financing
- ≈ $837K–$1.4M
- Est. revenue (rough)
Uptown Cheapskate of Greenville, LLC
Greenville, SC· ~92 mi
Uptown Cheapskate
- $455K
- SBA financing
- ≈ $893K–$1.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Michael Dean Incorporated in Huntersville, NC (Used Merchandise Retailers). 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 $500K
- On record FY2022
- 105 jobs supported
- Industry: Used Merchandise Retailers
- Location: Huntersville, NC
- Lender: Live Oak Banking Company
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Used Merchandise Retailers businesses in NC for ~$500k 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.
- 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 Michael Dean Incorporated.