SBA lending record

New Pursuits, LLC

48955 #300 Grand River Ave., Novi, MI 48374 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$214K

Total SBA financing

Loans on record

FY2020

On record

Jobs supported

Franchise brand

Dickey's Barbecue Pit

See Dickey's Barbecue Pit'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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All 2 loans

$203,700 — FY2020

Loan 1 of 2

Gross approval: $203,700
SBA guaranteed: $152,775 (75%)
Status: Paid in full
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 3/18/2020
First disbursement: 4/30/2020
Days to fund: 43 days
Paid in full: 2/29/2024
Collateral: None
Sold on secondary market: Yes
Jobs supported: 11
Business type: Corporation
Business age: Change of Ownership
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Dickey's Barbecue Pit
Franchise code: S0505
Lender: The Huntington National Bank
Address: 48955 #300 Grand River Ave.
City: Novi, 48374
County: Oakland
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 11

$10,000 — FY2020

Loan 2 of 2

Gross approval: $10,000
SBA guaranteed: $5,000 (50%)
Status: Cancelled
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/20/2020
Collateral: None
Jobs supported: 11
Business type: Corporation
Business age: Unanswered
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: The Huntington National Bank
Address: 48955 #300 Grand River Ave.
City: Novi, 48374
County: Oakland
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 11

The lender

The Huntington National 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 full-service restaurants — by location, industry, and brand.

SBA lenders in Michigan Lenders for full-service restaurants Full-Service Restaurants lenders in Michigan Dickey's Barbecue Pit lenders Dickey's Barbecue Pit lenders in Michigan

Other Dickey's Barbecue Pit locations

Other Dickey's Barbecue Pit businesses in the public SBA record — closest first, by location and deal size.

K&D Enterprise, LLC

Dundee, MI· ~38 mi

Dickey's Barbecue Pit

$425K
SBA financing: ≈ $833K–$1.4M
Est. revenue (rough)

View record

Griff's BBQ, LLC

Lansing, MI· ~52 mi

Dickey's Barbecue Pit

$592K
SBA financing: ≈ $1.2M–$1.9M
Est. revenue (rough)

View record

Dickeys BBQ Pit

Pueblo, CO· ~1144 mi

Dickey's Barbecue Pit

$275K
SBA financing: ≈ $539K–$899K
Est. revenue (rough)

View record

Lewis Restaurant Group, LLC

Milford, OH· ~231 mi

Dickey's Barbecue Pit

$345K
SBA financing: ≈ $676K–$1.1M
Est. revenue (rough)

View record

Smokin' Dutchman Holland LLC

Holland, MI· ~132 mi

Dickey's Barbecue Pit

$511K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

View record

Dickey's Barbeque Pit

Knoxville, TN· ~454 mi

Dickey's Barbecue Pit

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

View record

Similar businesses

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.

GIUSEPPE'S PIZZA, L.L.C.

Monroe, MI· ~42 mi

Full-Service Restaurants

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

View record

ATWATER STREET TACOS MONROE, LLC

Monroe, MI· ~39 mi

Full-Service Restaurants

$151K
SBA financing: ≈ $297K–$495K
Est. revenue (rough)

View record

RED BARN INVESTMENTS LLC

Holland, OH· ~62 mi

Full-Service Restaurants

$194K
SBA financing: ≈ $381K–$635K
Est. revenue (rough)

View record

DBT Acquisitions, Inc.

Toledo, OH· ~53 mi

Penn Station East Coast Subs

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

View record

Jimmy Johns of Dundee

Dundee, MI· ~38 mi

Jimmy John's

$395K
SBA financing: ≈ $775K–$1.3M
Est. revenue (rough)

View record

Morenci Pub LLC

Morenci, MI· ~64 mi

Full-Service Restaurants

$231K
SBA financing: ≈ $453K–$755K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for New Pursuits, LLC in Novi, MI (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 $214K
On record FY2020
22 jobs supported
Industry: Full-Service Restaurants
Location: Novi, MI
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MI for ~$107k 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/new-pursuits-llc-mi
API:: https://www.capbench.com/api/public/businesses/new-pursuits-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.

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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 New Pursuits, LLC.