SBA lending record
OTEK LLC
1477 Hidden Vaelly Dr SE, Kentoowd, MI 49508 · 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.
$244K
Total SBA financing
3
Loans on record
FY2020–24
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is OTEK 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.
All 3 loans
$75,000 — FY2024
Loan 1 of 3- Gross approval
- $75,000
- SBA guaranteed
- $56,250 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 60 mo (5 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/1/2024
- First disbursement
- 5/17/2024
- Days to fund
- 16 days
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Local
- NAICS code
- 484110
- Address
- 1477 Hidden Valley Dr SE Apt 9
- City
- Grand Rapids, 49508
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
$109,000 — FY2021
Loan 2 of 3- Gross approval
- $109,000
- SBA guaranteed
- $81,750 (75%)
- Status
- Cancelled
- Rate at approval
- 5.45% v
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/12/2021
- Collateral
- Required
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Address
- 1477 Hidden Vaelly Dr SE
- City
- Kentoowd, 49508
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
$60,000 — FY2020
Loan 3 of 3- Gross approval
- $60,000
- SBA guaranteed
- $30,000 (50%)
- Status
- Paid in full
- Rate at approval
- 5.45% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/2/2020
- First disbursement
- 7/31/2020
- Days to fund
- 29 days
- Paid in full
- 7/31/2025
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Address
- 1477 Hidden Vaelly Dr SE
- City
- Kentoowd, 49508
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
The lender
The Huntington National Bank
3 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding general freight trucking, long-distance, truckload — by location, industry.
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.
EM TRANSPORTATION LLC
Kentwood, MI· ~1 mi
General Freight Trucking, Long-Distance, Truckload
- $238K
- SBA financing
- ≈ $467K–$778K
- Est. revenue (rough)
SKYLINE TRUCKING, LLC
Kentwood, MI· ~2 mi
General Freight Trucking, Long-Distance, Truckload
- $284K
- SBA financing
- ≈ $557K–$929K
- Est. revenue (rough)
S.S Enterprises LLC
Kentwood, MI· ~1 mi
General Freight Trucking, Long-Distance, Truckload
- $236K
- SBA financing
- ≈ $463K–$771K
- Est. revenue (rough)
URBAN TRANSPORT LLC
Kentwood, MI· ~0 mi
General Freight Trucking, Long-Distance, Truckload
- $270K
- SBA financing
- ≈ $530K–$884K
- Est. revenue (rough)
Sea Transport LLC
Kentwood, MI· ~3 mi
General Freight Trucking, Long-Distance, Truckload
- $176K
- SBA financing
- ≈ $345K–$575K
- Est. revenue (rough)
Elite SD LLC
Caledonia, MI· ~2 mi
General Freight Trucking, Long-Distance, Truckload
- $318K
- SBA financing
- ≈ $624K–$1.0M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for OTEK LLC in Kentoowd, 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.
- 3 SBA 7(a) loans totaling $244K
- On record FY2020–24
- 6 jobs supported
- Industry: General Freight Trucking, Long-Distance, Truckload
- Location: Kentoowd, 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 ~$81k 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.
Is OTEK LLC your business?
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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 OTEK LLC.