Custom Built Heat 'N Sweep LLC
Custom Built Heat 'N Sweep LLC is a furniture retailer located in Okemos, Michigan, classified under NAICS 449110 (Furniture Retailers). The business was financed with an SBA 7(a) loan for a change of ownership of $3,060,000, approved on March 26, 2026 by Capitol National Bank.
SBA 7(a) loan, change of ownership, approved Mar 26, 2026
$3,060,000 approvedLender: Capitol National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,060,000
- SBA-guaranteed amount
- $2,295,000 (75% of the approval)
- Lender
- Capitol National Bank, Lansing, MI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 26, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $36,723 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 51
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Ingham County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 82% of acquisition loans in Furniture Retailers on this site.
- Average acquisition loan in Furniture Retailers: $1,875,127.
- Average acquisition loan in Michigan: $1,645,728.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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