Food & Restaurants · lender intelligence

How to finance a Menchie's in Michigan

State:

The SBA 7(a) lenders funding the most Menchie's deals in Michigan, from public loan records — typical Menchie's loan about $250K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Menchie's in Michigan

$50K

Typical loan

range $20K–$634K

$56K

Est. purchase price

≈ loan ÷ 90%

$7,156

Cash to close

$5,556 down + fees

$747/mo

Typical payment

~13% · 10yr

$10,309/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

37 days

Typical time to fund

Lenders competing

more = leverage

9.5%

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 Menchie's in Michigan

Ranked by funded Menchie's loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.

1.2,539 loans · $965M · Columbus, OHFull record →

3+ funded Menchie's 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.

PM ONE LLC in Canton, MI — $634K (2024) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
11% variable
Term
120 mo (10 yrs)
SBA guaranteed
$476K (75%)
Approval → funding
8 days
Approved
5/2/2024
First disbursed
5/10/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
13
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$704K
Est. down payment (10%)
$70K
Est. cash at closing
$94K
Monthly payment
$8,733
Annual debt service
$105K
Cash flow needed (1.25×)
$131K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
PM ONE LLC in Canton, MI — $50K (2024) · purchase · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
11% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approval → funding
218 days
Approved
5/2/2024
First disbursed
12/6/2024
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
13
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$56K
Est. down payment (10%)
$6K
Est. cash at closing
$7K
Monthly payment
$689
Annual debt service
$8K
Cash flow needed (1.25×)
$10K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Minhas Properties in West Bloomfield, MI — $20K (2020) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$10K (50%)
Approval → funding
37 days
Approved
10/24/2019
First disbursed
11/30/2019
Loan status
Paid in full (10/31/2024)
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Business age
Unanswered
Industry
Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal

Buying a Menchie's 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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded Menchie's loans with a Michigan project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Menchie's 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. The Huntington National Bank funds the most here. CapBench is not a lender.

$250K typical Menchie's loan
1 lenders active in Michigan
3+ funded Michigan deals
37 days typical to fund

Buyers buying a Menchie's 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.

Next steps

Pre-qualify this deal Talk to a loan broker All Menchie's lenders

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.
Canonical:: https://www.capbench.com/lenders/franchise/menchie-s/michigan
API:: https://www.capbench.com/api/public/lenders?franchise=menchie-s
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.