SBA lending record

Rare Development LLC

15 CR-1545, Cullman, AL 35058 · Lessors of Miniwarehouses and Self-Storage Units. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.1M

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

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The loan

$1,050,000 — FY2024

Gross approval: $1,050,000
SBA guaranteed: $787,500 (75%)
Status: Committed
Rate at approval: 9.5% v
Term: 312 mo (26 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/29/2024
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Lessors of Miniwarehouses and Self-Storage Units
NAICS code: 531130
Lender: Live Oak Banking Company
Address: 15 CR-1545
City: Cullman, 35058
County: Cullman
SBA district office: ALABAMA DISTRICT OFFICE
Congressional district: 4

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 lessors of miniwarehouses and self-storage units — by location, industry.

SBA lenders in Alabama Lenders for lessors of miniwarehouses and self-storage units Lessors of Miniwarehouses and Self-Storage Units lenders in Alabama

Similar businesses

Comparable lessors of miniwarehouses and self-storage units in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

South Park Self Storage

Cullman, AL· ~4 mi

Lessors of Miniwarehouses and Self-Storage Units

$3.0M
SBA financing: ≈ $5.9M–$9.8M
Est. revenue (rough)

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Rocket City Portable McStorage, LLC

Huntsville, AL· ~31 mi

UNITS

$1.4M
SBA financing: ≈ $2.8M–$4.7M
Est. revenue (rough)

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MY STORAGE UNIT ODENVILLE LLC

Odenville, AL· ~42 mi

Lessors of Miniwarehouses and Self-Storage Units

$765K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

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Boomer-Adamsville LLC

Alabaster, AL· ~68 mi

Lessors of Miniwarehouses and Self-Storage Units

$830K
SBA financing: ≈ $1.6M–$2.7M
Est. revenue (rough)

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Cal-Georgia Properties LLC

Lithia Springs, GA· ~125 mi

Lessors of Miniwarehouses and Self-Storage Units

$1.2M
SBA financing: ≈ $2.4M–$4.0M
Est. revenue (rough)

View record

HIRAM FLEX AND STORAGE LLC

Hiram, GA· ~119 mi

Lessors of Miniwarehouses and Self-Storage Units

$865K
SBA financing: ≈ $1.7M–$2.8M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Rare Development LLC in Cullman, AL (Lessors of Miniwarehouses and Self-Storage Units). 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 $1.1M
On record FY2024
2 jobs supported
Industry: Lessors of Miniwarehouses and Self-Storage Units
Location: Cullman, AL
Lender: Live Oak Banking Company

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Lessors of Miniwarehouses and Self-Storage Units businesses in AL for ~$1.1M 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/rare-development-llc-al
API:: https://www.capbench.com/api/public/businesses/rare-development-llc-al
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 Rare Development LLC.