Fisher 3 Saug Mini Golf LLC
Fisher 3 Saug Mini Golf LLC, located in Wyoming, Michigan, operates in the all other amusement and recreation industries sector. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1 million, approved by Newtek Bank, National Association, on September 11, 2026.
SBA 7(a) loan, change of ownership, approved Sep 11, 2026
$1,000,000 approvedLender: Newtek Bank, National Association25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $500,000 (50% of the approval)
- Lender
- Newtek Bank, National Association, Miami, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 11, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $8,221 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Allegan County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 40% of acquisition loans in All Other Amusement and Recreation Industries on this site.
- Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
- 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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