Main Street Registry

Slick City Troy MI

Troy, MI · Fitness and Recreational Sports Centers · NAICS 713940

Slick City Troy MI is a business in Troy, Michigan, in the fitness and recreational sports centers industry (NAICS 713940). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,457,000, approved on June 17, 2025, with JPMorgan Chase Bank, National Association as the lender and Oakland County Business Finance Corporation as the certified development company.

SBA 504 loan, approved Jun 17, 2025

$3,457,000 SBA portionCDC: Oakland County Business Finance Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,457,000
Bank portion
$4,972,052
Estimated project size
$9,365,613 (estimated)
Estimated owner equity
$936,561 (estimated, about 10% of the project)
Bank lender
JPMorgan Chase Bank, National Association, Columbus, OH
CDC
Oakland County Business Finance Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
June 17, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
29
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Oakland County, MI
SBA district office
Michigan District Office
Congressional district
MI-11
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% Owner 10%

  • Larger than 84% of expansion loans in Fitness and Recreational Sports Centers on this site.
  • Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
  • Average expansion loan in Michigan: $2,050,489.

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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Same industry in Michigan