SBA lending record

Smith's Meat Processing, Inc

1462 Riggsville Rd, Cheboygan, MI 49721 · Meat Processed from Carcasses. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$315K

Total SBA financing

Loans on record

FY2022–25

On record

Jobs supported

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

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All 2 loans

$36,000 — FY2025

Loan 1 of 2

Gross approval: $36,000
SBA guaranteed: $18,000 (50%)
Status: Current
Rate at approval: 8% f
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/25/2024
First disbursement: 11/14/2024
Days to fund: 20 days
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Meat Processed from Carcasses
NAICS code: 311612
Lender: Citizens National Bank of Cheboygan
Address: 1462 RIGGSVILLE RD
City: Cheboygan, 49721
County: Cheboygan
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

$279,000 — FY2022

Loan 2 of 2

Gross approval: $279,000
SBA guaranteed: $209,250 (75%)
Status: Current
Rate at approval: 4.75% f
Term: 192 mo (16 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/26/2022
First disbursement: 2/28/2022
Days to fund: 33 days
Collateral: Required
Jobs supported: 7
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Meat Processed from Carcasses
NAICS code: 311612
Lender: Citizens National Bank of Cheboygan
Address: 1462 Riggsville Rd
City: Cheboygan, 49721
County: Cheboygan
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

The lender

Citizens National Bank of Cheboygan

2 loans to this business

Find SBA lenders for businesses like this

The banks most active funding meat processed from carcasses — by location, industry.

SBA lenders in Michigan Lenders for meat processed from carcasses Meat Processed from Carcasses lenders in Michigan

Similar businesses

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

Bear Country Meats, LLC

Kasson, MN· ~414 mi

Meat Processed from Carcasses

$276K
SBA financing: ≈ $542K–$903K
Est. revenue (rough)

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Grand Meadow Meats LLC

Clearwater, MN· ~461 mi

Meat Processed from Carcasses

$450K
SBA financing: ≈ $882K–$1.5M
Est. revenue (rough)

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Pintos' Property LLC LLC

Lismore, MN· ~576 mi

Meat Processed from Carcasses

$465K
SBA financing: ≈ $912K–$1.5M
Est. revenue (rough)

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GRAND PEAKS PRIME MEATS, L.L.C

Idaho Falls, ID· ~1357 mi

Meat Processed from Carcasses

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

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El Rosario, Inc.

Sauk Rapids, MN· ~466 mi

Meat Processed from Carcasses

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

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Brandon & Natasha Hakes

Pablo, MT· ~1403 mi

Meat Processed from Carcasses

$210K
SBA financing: ≈ $412K–$686K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Smith's Meat Processing, Inc in Cheboygan, MI (Meat Processed from Carcasses). 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 $315K
On record FY2022–25
15 jobs supported
Industry: Meat Processed from Carcasses
Location: Cheboygan, MI
Lender: Citizens National Bank of Cheboygan

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Meat Processed from Carcasses businesses in MI for ~$158k 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/smith-s-meat-processing-inc-mi
API:: https://www.capbench.com/api/public/businesses/smith-s-meat-processing-inc-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 Smith's Meat Processing, Inc.