L'Enfant Holdings, LLC
L'Enfant Holdings, LLC is located in Grand Haven, MI, and the SBA lists its industry as Clothing and Clothing Accessories Retailers. It was approved for an SBA 7(a) loan of $1,320,000 for a change of ownership on January 5, 2026.
SBA 7(a) loan, change of ownership, approved Jan 5, 2026
- Gross approval
- $1,320,000
- SBA-guaranteed amount
- $990,000 (75% of the approval)
- Lender
- The Bancorp Bank National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 5, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $9,970 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 21, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 458110, Clothing and Clothing Accessories Retailers
- Project location
- Ottawa County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 54% of acquisition loans in Clothing and Clothing Accessories Retailers on this site.
- Average acquisition loan in Clothing and Clothing Accessories Retailers: $1,439,812.
- 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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