KAS Market Fresh
KAS Market Fresh, located in Carleton, Michigan, operates in the supermarkets and other grocery retailers industry (NAICS 445110). The business was financed with an SBA 7(a) loan for a change of ownership of $825,000, approved on December 24, 2025 by United FCU, with 11 jobs reported.
SBA 7(a) loan, change of ownership, approved Dec 24, 2025
$825,000 approvedLender: United FCU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $825,000
- SBA-guaranteed amount
- $618,750 (75% of the approval)
- Lender
- United FCU, Saint Joseph, MI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,789 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 7, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Monroe County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 21% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
- 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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