SBA lending record
Spray-Patch Road Repair, LLC
1333 E 11 Mile Rd, Madison Heights, MI 48071 · Highway, Street, and Bridge Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.6M
Total SBA financing
4
Loans on record
FY2025
On record
32
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 4 loans
$500,000 — FY2025
Loan 1 of 4- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Committed
- Rate at approval
- 8% v
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/9/2025
- Collateral
- Required
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Highway, Street, and Bridge Construction
- NAICS code
- 237310
- Lender
- Independent Bank
- Address
- 1333 E 11 Mile Rd
- City
- Madison Heights, 48071
- County
- Oakland
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 9
$1,825,000 — FY2025
Loan 2 of 4- Gross approval
- $1,825,000
- SBA guaranteed
- $1,368,750 (75%)
- Status
- Current
- Rate at approval
- 6.98% v
- Term
- 179 mo (15 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/9/2025
- First disbursement
- 9/15/2025
- Days to fund
- 6 days
- Collateral
- Required
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Highway, Street, and Bridge Construction
- NAICS code
- 237310
- Lender
- Independent Bank
- Address
- 1333 E 11 Mile Rd
- City
- Madison Heights, 48071
- County
- Oakland
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 9
$1,800,700 — FY2025
Loan 3 of 4- Gross approval
- $1,800,700
- SBA guaranteed
- $1,350,525 (75%)
- Status
- Paid in full
- Rate at approval
- 8.5% f
- Term
- 170 mo (14 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/23/2024
- First disbursement
- 1/10/2025
- Days to fund
- 18 days
- Paid in full
- 9/30/2025
- Collateral
- Required
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- All Other Specialty Trade Contractors
- NAICS code
- 238990
- Lender
- Old National Bank
- Address
- 1333 E 11 MILE RD
- City
- Madison Heights, 48071
- County
- Oakland
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 9
$500,000 — FY2025
Loan 4 of 4- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Paid in full
- Rate at approval
- 8.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/23/2024
- First disbursement
- 4/2/2025
- Days to fund
- 100 days
- Paid in full
- 9/30/2025
- Collateral
- Required
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- All Other Specialty Trade Contractors
- NAICS code
- 238990
- Lender
- Old National Bank
- Address
- 1333 E 11 MILE RD
- City
- Madison Heights, 48071
- County
- Oakland
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 9
The lenders
Find SBA lenders for businesses like this
The banks most active funding highway, street, and bridge construction — by location, industry.
Similar businesses
Comparable highway, street, and bridge construction in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
M-K Construction Co., Inc.
Riverview, MI· ~23 mi
Highway, Street, and Bridge Construction
- $2.5M
- SBA financing
- ≈ $4.9M–$8.1M
- Est. revenue (rough)
D. Macro Contractors, Inc.
Sterling Heights, MI· ~5 mi
Highway, Street, and Bridge Construction
- $700K
- SBA financing
- ≈ $1.4M–$2.3M
- Est. revenue (rough)
All Star Power Excavation LLC
Grosse Pointe Woods, MI· ~11 mi
Highway, Street, and Bridge Construction
- $612K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
JV Investments, LLC
Goodrich, MI· ~36 mi
Highway, Street, and Bridge Construction
- $1.9M
- SBA financing
- ≈ $3.7M–$6.2M
- Est. revenue (rough)
AMERICAN PAVEMENT SAWING, LLC
Garden City, MI· ~18 mi
Highway, Street, and Bridge Construction
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
JV Contracting, Inc.
Goodrich, MI· ~36 mi
Highway, Street, and Bridge Construction
- $1.3M
- SBA financing
- ≈ $2.5M–$4.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Spray-Patch Road Repair, LLC in Madison Heights, MI (Highway, Street, and Bridge Construction). 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.
- 4 SBA 7(a) loans totaling $4.6M
- On record FY2025
- 32 jobs supported
- Industry: Highway, Street, and Bridge Construction
- Location: Madison Heights, MI
- Lenders: Independent Bank, Old National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Highway, Street, and Bridge Construction businesses in MI for ~$1.2M 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 Spray-Patch Road Repair, LLC.