SBA lending record
Team Possible LLC
622 Lakestone Commons Avenue, Fuquay Varina, NC 27526 · Sports and Recreation Instruction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$50K
Total SBA financing
1
Loan on record
FY2024
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Team Possible LLC your business?
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The loan
$50,000 — FY2024
- Gross approval
- $50,000
- SBA guaranteed
- $42,500 (85%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/22/2023
- First disbursement
- 1/9/2024
- Days to fund
- 18 days
- Collateral
- None
- Sold on secondary market
- Yes
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Sports and Recreation Instruction
- NAICS code
- 611620
- Lender
- Northeast Bank
- Address
- 622 Lakestone Commons Avenue
- City
- Fuquay Varina, 27526
- County
- Wake
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 2
The lender
Find SBA lenders for businesses like this
The banks most active funding sports and recreation instruction — by location, industry.
Similar businesses
Comparable sports and recreation instruction in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Studio Five Dance Company, LLC
Fuquay Varina, NC· ~0 mi
Sports and Recreation Instruction
- $72K
- SBA financing
- ≈ $141K–$235K
- Est. revenue (rough)
Enso Movement, LLC
Raleigh, NC· ~23 mi
Sports and Recreation Instruction
- $116K
- SBA financing
- ≈ $227K–$379K
- Est. revenue (rough)
Core Tae Kwondo Performance Center, LLC
Wake Forest, NC· ~30 mi
Sports and Recreation Instruction
- $104K
- SBA financing
- ≈ $203K–$338K
- Est. revenue (rough)
KimBeau LLC dba N Zone Sports
Durham, NC· ~29 mi
N Zone Sports
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
AWOL Sports Performance LLC
Greensboro, NC· ~66 mi
Sports and Recreation Instruction
- $38K
- SBA financing
- ≈ $75K–$124K
- Est. revenue (rough)
Triangle Baseball Academy, Inc.
Garner, NC· ~11 mi
Sports and Recreation Instruction
- $873K
- SBA financing
- ≈ $1.7M–$2.9M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Team Possible LLC in Fuquay Varina, NC (Sports and Recreation Instruction). 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 $50K
- On record FY2024
- 1 jobs supported
- Industry: Sports and Recreation Instruction
- Location: Fuquay Varina, NC
- Lender: Northeast Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sports and Recreation Instruction businesses in NC for ~$50k 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 Team Possible LLC.