Bi-rite Supermarket

10867 W Jefferson Ave, River Rouge, MI 48218 · Supermarkets and Other Grocery (except Convenience) Stores (NAICS 445110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$225K

Jobs Supported

8

Years Active

2023

Loan History (1)

Source: SBA FOIA
7(a)$225,000
Exempt
Approved
Jan 24, 2023 (FY2023)
SBA Guaranteed
$191,250 (85%)
Term
120 months (10.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
8
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Supermarkets and Other Grocery (except Convenience) Stores (NAICS 445110)

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Wayne County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
445110 Supermarkets and Other Grocery (except Convenience) Stores
Address
10867 W Jefferson Ave
River Rouge, MI 48218

Lender

Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042

Other SBA Borrowers in River Rouge

Advertisement