Food & Restaurants · lender intelligence
How to finance a Big Boy in Michigan
The SBA 7(a) lenders funding the most Big Boy deals in Michigan, from public loan records — typical Big Boy loan about $735K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Big Boy in Michigan
$227K
Typical loan
range $227K–$227K
$252K
Est. purchase price
≈ loan ÷ 90%
$33,661
Cash to close
$25,167 down + fees
$3,315/mo
Typical payment
~12.5% · 10yr
$45,747/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
77 days
Typical time to fund
1
Lenders competing
more = leverage
8.5%
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 Big Boy in Michigan
Ranked by funded Big Boy loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.23 loans · $15M · Sparta, MIFull record →
1+ funded Big Boy 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.
- DAKR LLC in Troy, MI — $227K (2026) · purchase · ChoiceOne Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $170K (75%)
- Approval → funding
- 77 days
- Approved
- 11/17/2025
- First disbursed
- 2/2/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- Full-Service Restaurants
If you were the buyer here
- Est. deal size
- $252K
- Est. down payment (10%)
- $25K
- Est. cash at closing
- $34K
- Monthly payment
- $2,808
- Annual debt service
- $34K
- Cash flow needed (1.25×)
- $42K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by ChoiceOne Bank · Lender record →
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Buying a Big Boy 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.
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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 Big Boy loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Big Boy 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. ChoiceOne Bank funds the most here. CapBench is not a lender.
- $735K typical Big Boy loan
- 1 lenders active in Michigan
- 1+ funded Michigan deals
- 77 days typical to fund
Buyers buying a Big Boy 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 2026-06-17.
- 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.