SBA lending record
Simply Roasted LLC
4240 CASS AVE, Detroit, MI 48201 · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$74K
Total SBA financing
2
Loans on record
FY2024–25
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Simply Roasted LLC your business?
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All 2 loans
$20,000 — FY2025
Loan 1 of 2- Gross approval
- $20,000
- SBA guaranteed
- $10,000 (50%)
- Status
- Current
- Rate at approval
- 8.5% v
- Term
- 72 mo (6 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/23/2025
- First disbursement
- 10/8/2025
- Days to fund
- 15 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Snack and Nonalcoholic Beverage Bars
- NAICS code
- 722515
- Address
- 17404 PARKSIDE ST
- City
- Detroit, 48221
- County
- Wayne
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 9
$54,000 — FY2024
Loan 2 of 2- Gross approval
- $54,000
- SBA guaranteed
- $27,000 (50%)
- Status
- Current
- Rate at approval
- 7.5% f
- Term
- 63 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/22/2023
- First disbursement
- 1/17/2024
- Days to fund
- 26 days
- Collateral
- Required
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Snack and Nonalcoholic Beverage Bars
- NAICS code
- 722515
- Address
- 4240 CASS AVE
- City
- Detroit, 48201
- County
- Wayne
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 13
The lender
Find SBA lenders for businesses like this
The banks most active funding snack and nonalcoholic beverage bars — by location, industry.
Similar businesses
Comparable snack and nonalcoholic beverage bars in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Cold Truth Freezery LLC
Detroit, MI· ~1 mi
Snack and Nonalcoholic Beverage Bars
- $119K
- SBA financing
- ≈ $233K–$389K
- Est. revenue (rough)
Cinnamon Nuts and More
Redford, MI· ~11 mi
Snack and Nonalcoholic Beverage Bars
- $75K
- SBA financing
- ≈ $147K–$245K
- Est. revenue (rough)
Public Square LLC
Detroit, MI· ~2 mi
Snack and Nonalcoholic Beverage Bars
- $140K
- SBA financing
- ≈ $275K–$458K
- Est. revenue (rough)
CAFE CLARK DETROIT LLC
Detroit, MI· ~2 mi
Snack and Nonalcoholic Beverage Bars
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
SCOOPS N SMOOTHIES
Dearborn, MI· ~11 mi
Snack and Nonalcoholic Beverage Bars
- $122K
- SBA financing
- ≈ $239K–$399K
- Est. revenue (rough)
Morningside Cafe, L.L.C.
Detroit, MI· ~7 mi
Snack and Nonalcoholic Beverage Bars
- $115K
- SBA financing
- ≈ $225K–$376K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Simply Roasted LLC in Detroit, MI (Snack and Nonalcoholic Beverage Bars). 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 $74K
- On record FY2024–25
- 6 jobs supported
- Industry: Snack and Nonalcoholic Beverage Bars
- Location: Detroit, MI
- Lender: Michigan Schools and Government Credit Union
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Snack and Nonalcoholic Beverage Bars businesses in MI for ~$37k 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 Simply Roasted LLC.