45th Parallel Enterprises L.L.C.

45th Parallel Enterprises L.L.C.

Timothy and Bridgett Lambdin
Suttons Bay, Michigan

Started by husband and wife Timothy and Bridgett Lambdin, 45th Parallel Enterprises L.L.C. is a small business in Suttons Bay that’s been around since 1996.  Since inception, Tim and Bridgett have leased their space, but then they had the opportunity to purchase it.  45th Parallel Enterprises operates both 45th Parallel Cafe and 45th Parallel's Candy World out of two adjacent condominium suites located in a perfect location on Broadway.  The cafe offers breakfast specialties, salads, soups, sandwiches, burgers and gourmet coffee while the candy shop offers a selection of fudge, popcorn, giant apples, gift baskets, all which can also be purchased online. 

This project meets a Public Policy Goal of aiding rural area businesses development is and 50% women owned.  With the help of the SBA 504 Loan Program, Tim and Bridgett purchased the building with a low down payment and fixed interest rate for twenty years. 

For more information on 45th Parallel Enterprises L.L.C., please visit www.45thparallelcafe.com  or www.45thfudge.com.  For more information on how Michigan Certified Development Corporation can help fund your business, please visit www.michigancdc.org, Michigan’s #1 SBA Lending Partner!


Total Project Amount: 
$399,000
MCDC Loan Amount: 
$167,000
Lender: 
First National Bank of America, Geoff Streit
Job Impact: 
11

Financing Provided & Structured Through: Michigan Certified Development and US Small Business Administration

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