Gravity Smokehouse Llc

1850 Cedar St, Holt, MI 48842 · Full-service Restaurants (NAICS 722511)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$896K

Jobs Supported

25

Years Active

2018–2021

Loan History (2)

Source: SBA FOIA
7(a)$805,600
Exempt
Approved
Mar 8, 2021 (FY2021)
SBA Guaranteed
$725,040 (90%)
Term
299 months (24.9 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
20
Business Type
Corporation
Business Age
Change of Ownership
Industry
Full-service Restaurants (NAICS 722511)

Lender

Case Cu

4316 S Pennsylvania Ave, Lansing, MI 48910

Project Location

Ingham County, MI

7(a)$90,000
Paid in Full
Approved
Jul 12, 2018 (FY2018)
SBA Guaranteed
$76,500 (85%)
Term
300 months (25.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
5
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
Limited-service Restaurants (NAICS 722513)
Paid in Full
Feb 28, 2022

Lender

Case Cu

4316 S Pennsylvania Ave, Lansing, MI 48910

Project Location

Ingham County, MI

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
722511 Full-service Restaurants
Address
1850 Cedar St
Holt, MI 48842

Lender

Case Cu
4316 S Pennsylvania Ave, Lansing, MI 48910

Other SBA Borrowers in Holt

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