Secure Development Properties L.l.c.
45799 Grand River Avenue, Novi, MI 48375 · All Other Amusement and Recreation Industries (NAICS 713990)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
4
Total Amount
$5.7M
Jobs Supported
240
Years Active
2016–2017
Loan History (4)
Source: SBA FOIA7(a)$300,000
Paid in Full
- Approved
- Dec 23, 2016 (FY2017)
- SBA Guaranteed
- $150,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Business Type
- Corporation
- Industry
- All Other Amusement and Recreation Industries (NAICS 713990)
- Paid in Full
- Jul 31, 2022
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Oakland County, MI
7(a)$150,000
Cancelled
- Approved
- Oct 29, 2015 (FY2016)
- SBA Guaranteed
- $75,000 (50%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 4.75%
- Revolver
- 1
- Jobs Supported
- 50
- Business Type
- Corporation
- Industry
- Amusement and Theme Parks (NAICS 713110)
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Oakland County, MI
7(a)$2,545,000
Cancelled
- Approved
- Nov 18, 2015 (FY2016)
- SBA Guaranteed
- $1,908,750 (75%)
- Term
- 246 months (20.5 yrs)
- Interest Rate
- 4.75%
- Revolver
- 0
- Jobs Supported
- 80
- Business Type
- Corporation
- Industry
- Amusement and Theme Parks (NAICS 713110)
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Oakland County, MI
7(a)$2,725,000
Exempt
- Approved
- Mar 11, 2016 (FY2016)
- SBA Guaranteed
- $2,043,750 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 0
- Jobs Supported
- 110
- Business Type
- Corporation
- Industry
- Amusement and Theme Parks (NAICS 713110)
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Oakland County, MI
Business Details
- Business Type
- Corporation
- NAICS Code
- 713990 — All Other Amusement and Recreation Industries
- Address
- 45799 Grand River Avenue
Novi, MI 48375
Lenders
- Live Oak Banking Company
- 1741 Tiburon Dr, Wilmington, NC 28403
- First Merchants Bank
- 8711 River Crossing Blvd., Indianapolis, IN 46240