Sarah Jones Ford of St. Ignace Llc

77 Monroe Center Street Northw, Grand Rapids, MI 49503 · New Car Dealers (NAICS 441110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$5.0M

Jobs Supported

50

Years Active

2025–2025

Loan History (2)

Source: SBA FOIA
7(a)$3,000,000
Committed
Approved
Sep 11, 2025 (FY2025)
SBA Guaranteed
$2,250,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
25
Business Type
Corporation
Business Age
Change of Ownership
Industry
New Car Dealers (NAICS 441110)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Kent County, MI

7(a)$2,000,000
Exempt
Approved
Sep 11, 2025 (FY2025)
SBA Guaranteed
$1,500,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
25
Business Type
Corporation
Business Age
Change of Ownership
Industry
New Car Dealers (NAICS 441110)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Kent County, MI

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
441110 New Car Dealers
Address
77 Monroe Center Street Northw
Grand Rapids, MI 49503

Lender

Newtek Bank, National Association
1111 Brickell Ave, Ste 135, Miami, FL 33131

Other SBA Borrowers in Grand Rapids

Advertisement