Slick City Troy MI
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
- 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
- Puckmasters Holdings, LLC, Shelby Township
- Elite Sportsplex, Waterford
- Unified Volleyball, LLC, Rochester Hills
- CJT Fitness, LLC, South Lyon
- Bell House Training Company, LLC, Byron Center