SBA lending record
The Only Bean
40 Pearl Street Suite 200A, Grand Rapids, MI 49503 · Other Grocery and Related Products Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$73K
Total SBA financing
1
Loan on record
FY2020
On record
—
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is The Only Bean your business?
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The loan
$72,800 — FY2020
- Gross approval
- $72,800
- SBA guaranteed
- $36,400 (50%)
- Status
- Paid in full
- Rate at approval
- 5.85% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/9/2019
- First disbursement
- 12/31/2019
- Days to fund
- 83 days
- Paid in full
- 10/31/2023
- Collateral
- Required
- Business type
- Corporation
- Business age
- Unanswered
- Industry
- Other Grocery and Related Products Merchant Wholesalers
- NAICS code
- 424490
- Address
- 40 Pearl Street Suite 200A
- City
- Grand Rapids, 49503
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
The lender
The Huntington National Bank
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding other grocery and related products merchant wholesalers — by location, industry.
Similar businesses
Comparable other grocery and related products merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
POCHIS SWEET DESIGN LLC
Grand Rapids, MI· ~0 mi
Other Grocery and Related Products Merchant Wholesalers
- $100K
- SBA financing
- ≈ $196K–$327K
- Est. revenue (rough)
JK DISTRIBUTORS WHOLESALE, LLC
Grand Rapids, MI· ~4 mi
Other Grocery and Related Products Merchant Wholesalers
- $30K
- SBA financing
- ≈ $59K–$98K
- Est. revenue (rough)
THE ONLY BEAN LLC
Grand Rapids, MI· ~0 mi
Other Grocery and Related Products Merchant Wholesalers
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Best Choice Wholesale LLC
Middleville, MI· ~20 mi
Other Grocery and Related Products Merchant Wholesalers
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Kalamazoo Coffee Company LLC
Kalamazoo, MI· ~47 mi
Other Grocery and Related Products Merchant Wholesalers
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Saintmarie Distributing LLC
Lansing, MI· ~61 mi
Other Grocery and Related Products Merchant Wholesalers
- $129K
- SBA financing
- ≈ $253K–$422K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for The Only Bean in Grand Rapids, MI (Other Grocery and Related Products Merchant Wholesalers). 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 $73K
- On record FY2020
- Industry: Other Grocery and Related Products Merchant Wholesalers
- Location: Grand Rapids, MI
- Lender: The Huntington National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Grocery and Related Products Merchant Wholesalers businesses in MI for ~$73k 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.
Is The Only Bean your business?
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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 The Only Bean.