Food & Restaurants · lender intelligence
How to finance a A&W in Michigan
The SBA 7(a) lenders funding the most A&W deals in Michigan, from public loan records — typical A&W loan about $1.0M. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance A&W in Michigan
$700K
Typical loan
range $233K–$993K
$778K
Est. purchase price
≈ loan ÷ 90%
$104,028
Cash to close
$77,778 down + fees
$9,058/mo
Typical payment
~9.5% · 10yr
$125,000/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
15 days
Typical time to fund
3
Lenders competing
more = leverage
6%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active with A&W in Michigan
Ranked by funded A&W loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2 loans · $1M · Clinton Township, MIFull record →
- 2.3 loans · $3M · Iron Mountain, MIFull record →
- 3.168 loans · $205M · Fishers, INFull record →
3+ funded A&W in Michigan deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- SM Property Group LLC in Garden City, MI — $700K (2023) · Michigan Schools and Government Credit Union
- Program
- 7a General
- Rate at approval
- 7.5% fixed
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $525K (75%)
- Approval → funding
- 7 days
- Approved
- 9/27/2023
- First disbursed
- 10/4/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 21
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Michigan Schools and Government Credit Union · Lender record →
Your business? Claim this record · Request removal
- Kaufman Smith Enterprise, LLC in Menominee, MI — $233K (2022) · First National Bank & Trust Co
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $116K (50%)
- Approval → funding
- 15 days
- Approved
- 11/16/2021
- First disbursed
- 12/1/2021
- Loan status
- Failed — $175K charged off (3/31/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- New Business or 2 years or less
- Industry
- Full-Service Restaurants
Funded by First National Bank & Trust Co · Lender record →
Your business? Claim this record · Request removal
- AW Garden City Inc in Garden City, MI — $993K (2021) · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $894K (90%)
- Approved
- 9/29/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- New Business or 2 years or less
- Industry
- Full-Service Restaurants
Funded by First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Buying a A&W in Michigan? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench analysis of public SBA 7(a) lending records; ranked by funded A&W loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a A&W purchase in Michigan with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Michigan deals. Michigan Schools and Government Credit Union funds the most here. CapBench is not a lender.
- $1.0M typical A&W loan
- 3 lenders active in Michigan
- 3+ funded Michigan deals
- 15 days typical to fund
Buyers buying a A&W in Michigan typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-19.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.