SBA lending record

NATHANS WHEELHOUSE LLC

120 28th St SW,, Grand Rapids, MI 49548 · Sporting Goods Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$770K

Total SBA financing

Loans on record

FY2024

On record

Jobs supported

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

Is NATHANS WHEELHOUSE LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

Claim this public record Correct or remove

All 2 loans

$720,000 — FY2024

Loan 1 of 2

Gross approval: $720,000
SBA guaranteed: $540,000 (75%)
Status: Current
Rate at approval: 8.25% f
Term: 240 mo (20 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 8/7/2024
First disbursement: 9/3/2024
Days to fund: 27 days
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: Change of Ownership
Industry: Sporting Goods Retailers
NAICS code: 459110
Lender: Horizon Bank
Address: 120 28th St SW,
City: Grand Rapids, 49548
County: Kent
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 2

$50,000 — FY2024

Loan 2 of 2

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Current
Rate at approval: 9.5% v
Term: 27 mo (2 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Business purchase
Approved: 8/8/2024
First disbursement: 9/6/2024
Days to fund: 29 days
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: Change of Ownership
Industry: Sporting Goods Retailers
NAICS code: 459110
Lender: Horizon Bank
Address: 120 28th St SW,
City: Grand Rapids, 49548
County: Kent
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 2

The lender

Horizon Bank

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

Find SBA lenders for businesses like this

The banks most active funding sporting goods retailers — by location, industry.

SBA lenders in Michigan Lenders for sporting goods retailers Sporting Goods Retailers lenders in Michigan

Similar businesses

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

Mi Fitness Equipment LLC

Grand Rapids, MI· ~3 mi

Sporting Goods Retailers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

View record

DIVE ZONE LLC

Grand Rapids, MI· ~4 mi

Sporting Goods Retailers

$110K
SBA financing: ≈ $216K–$359K
Est. revenue (rough)

View record

Duckworth Outdoor Recreational Sports LLC

Bristol, IN· ~82 mi

Sporting Goods Retailers

$773K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

View record

Aberdeen Bike & Fitness Inc.

Chelsea, MI· ~94 mi

Sporting Goods Retailers

$824K
SBA financing: ≈ $1.6M–$2.7M
Est. revenue (rough)

View record

S LINES, LLC

Grand Rapids, MI· ~9 mi

Sporting Goods Retailers

$33K
SBA financing: ≈ $65K–$108K
Est. revenue (rough)

View record

Thurston Outdoors LLC

Saint Charles, MI· ~81 mi

Sporting Goods Retailers

$602K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for NATHANS WHEELHOUSE LLC in Grand Rapids, MI (Sporting Goods 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.

2 SBA 7(a) loans totaling $770K
On record FY2024
12 jobs supported
Industry: Sporting Goods Retailers
Location: Grand Rapids, MI
Lender: Horizon Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sporting Goods Retailers businesses in MI for ~$385k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal Talk to a loan broker Find SBA lenders Compare similar deals

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/nathans-wheelhouse-llc-mi
API:: https://www.capbench.com/api/public/businesses/nathans-wheelhouse-llc-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.

Is NATHANS WHEELHOUSE LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

Claim this listing

Researching a business like this one?

The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

Use this deal in ChatGPT

Ask ChatGPT to analyze this business with Capbench's SBA loan records, lender-fit data, and buyer prequalification tools.

ChatGPT will ask you to connect Capbench if you have not already approved it.

Open in ChatGPT

CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with NATHANS WHEELHOUSE LLC.