SBA lending record
Rafas Auto Repair
2203 S Division Ave, Grand Rapids, MI 49507 · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$102K
Total SBA financing
2
Loans on record
FY2020
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Rafas Auto Repair 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 2 loans
$50,000 — FY2020
Loan 1 of 2- Gross approval
- $50,000
- SBA guaranteed
- $25,000 (50%)
- Status
- Paid in full
- Rate at approval
- 5.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/30/2020
- First disbursement
- 5/31/2020
- Days to fund
- 31 days
- Paid in full
- 6/30/2025
- Collateral
- None
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Automotive Repair
- NAICS code
- 811111
- Address
- 2203 S Division Ave
- City
- Grand Rapids, 49507
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
$52,200 — FY2020
Loan 2 of 2- Gross approval
- $52,200
- SBA guaranteed
- $26,100 (50%)
- Status
- Paid in full
- Rate at approval
- 5.1% f
- Term
- 66 mo (6 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/30/2020
- First disbursement
- 5/31/2020
- Days to fund
- 31 days
- Paid in full
- 2/28/2021
- Collateral
- None
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Automotive Repair
- NAICS code
- 811111
- Address
- 2203 S Division Ave
- City
- Grand Rapids, 49507
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
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 general automotive repair — by location, industry.
Similar businesses
Comparable general automotive repair in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
V & E Diesel Repair, LLC
Grand Rapids, MI· ~5 mi
General Automotive Repair
- $80K
- SBA financing
- ≈ $157K–$261K
- Est. revenue (rough)
Delgado Inc.
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General Automotive Repair
- $80K
- SBA financing
- ≈ $157K–$261K
- Est. revenue (rough)
Executive Motorsports LLC
Wyoming, MI· ~1 mi
General Automotive Repair
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Speed Republic
Wayland, MI· ~11 mi
General Automotive Repair
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Postma Pool, LLC
Jenison, MI· ~7 mi
General Automotive Repair
- $225K
- SBA financing
- ≈ $441K–$735K
- Est. revenue (rough)
Mason St Garage LLC
Grand Rapids, MI· ~4 mi
General Automotive Repair
- $286K
- SBA financing
- ≈ $560K–$934K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Rafas Auto Repair in Grand Rapids, MI (General Automotive Repair). 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 $102K
- On record FY2020
- 2 jobs supported
- Industry: General Automotive Repair
- Location: Grand Rapids, 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 Automotive Repair businesses in MI for ~$51k 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 Rafas Auto Repair.