SBA lending record

Schutter Bicycles LLC

201 E. Main, Zeeland, MI 49464 · Sporting Goods Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$193K

Total SBA financing

Loans on record

FY2020–23

On record

Jobs supported

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

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All 3 loans

$50,000 — FY2023

Loan 1 of 3

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Current
Rate at approval: 8.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/2/2022
First disbursement: 11/25/2022
Days to fund: 23 days
Collateral: None
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: General Freight Trucking, Long-Distance, Truckload
NAICS code: 484121
Lender: The Huntington National Bank
Address: 201 E Main Ave
City: Zeeland, 49464
County: Ottawa
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 2

$25,000 — FY2020

Loan 2 of 3

Gross approval: $25,000
SBA guaranteed: $12,500 (50%)
Status: Current
Rate at approval: 6% v
Term: 94 mo (8 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Business purchase
Approved: 10/31/2019
First disbursement: 1/31/2020
Days to fund: 92 days
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Change of Ownership
Industry: Sporting Goods Stores
NAICS code: 451110
Lender: The Huntington National Bank
Address: 201 E. Main
City: Zeeland, 49464
County: Ottawa
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 2

$118,300 — FY2020

Loan 3 of 3

Gross approval: $118,300
SBA guaranteed: $59,150 (50%)
Status: Current
Rate at approval: 6% v
Term: 84 mo (7 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Business purchase
Approved: 10/31/2019
First disbursement: 11/30/2019
Days to fund: 30 days
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Change of Ownership
Industry: Sporting Goods Stores
NAICS code: 451110
Lender: The Huntington National Bank
Address: 201 E. Main
City: Zeeland, 49464
County: Ottawa
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 sporting goods stores — by location, industry.

SBA lenders in Michigan Lenders for sporting goods stores Sporting Goods Stores lenders in Michigan

Similar businesses

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

CSB Bicycles LLC

Jenison, MI· ~13 mi

Sporting Goods Stores

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

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MC POWERSPORTS LLC

Hudsonville, MI· ~8 mi

Sporting Goods Stores

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

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JLP Enterprising LLC

Mt Pleasant, MI· ~84 mi

Sporting Goods Stores

$225K
SBA financing: ≈ $441K–$735K
Est. revenue (rough)

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5Tool, Inc.

Villa Park, IL· ~119 mi

D-BAT

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

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Jann's Netcraft, LLC

Maumee, OH· ~146 mi

Sporting Goods Stores

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

View record

J & R Guns, LLC

Muskegon, MI· ~31 mi

Sporting Goods Stores

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Schutter Bicycles LLC in Zeeland, MI (Sporting Goods Stores). 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 $193K
On record FY2020–23
2 jobs supported
Industry: Sporting Goods Stores
Location: Zeeland, MI
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sporting Goods Stores businesses in MI for ~$64k 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/schutter-bicycles-llc-mi
API:: https://www.capbench.com/api/public/businesses/schutter-bicycles-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 Schutter Bicycles LLC.