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How to finance a Servpro in Michigan
The SBA 7(a) lenders funding the most Servpro deals in Michigan, from public loan records — typical Servpro loan about $500K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Servpro in Michigan
$484K
Typical loan
range $350K–$907K
$538K
Est. purchase price
≈ loan ÷ 90%
$71,928
Cash to close
$53,778 down + fees
$6,263/mo
Typical payment
~9.5% · 10yr
$86,429/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
12 days
Typical time to fund
2
Lenders competing
more = leverage
9%
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 Servpro in Michigan
Ranked by funded Servpro 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 →
- 2.23 loans · $15M · Sparta, MIFull record →
5+ funded Servpro 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.
- MH2, Inc. in Allegan, MI — $907K (2024) · ChoiceOne Bank
- Program
- 7a General
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $680K (75%)
- Approval → funding
- 92 days
- Approved
- 3/14/2024
- First disbursed
- 6/14/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 30
- Business age
- Existing or more than 2 years old
- Industry
- Carpet and Upholstery Cleaning Services
Funded by ChoiceOne Bank · Lender record →
Your business? Claim this record · Request removal
- MH2, Inc. in Allegan, MI — $93K (2024) · ChoiceOne Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10% variable
- Term
- 96 mo (8 yrs)
- SBA guaranteed
- $47K (50%)
- Approval → funding
- 389 days
- Approved
- 2/16/2024
- First disbursed
- 3/11/2025
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Existing or more than 2 years old
- Industry
- Carpet and Upholstery Cleaning Services
Funded by ChoiceOne Bank · Lender record →
Your business? Claim this record · Request removal
- Elite Investments & Holdings LLC in Harrison Township, MI — $916K (2023) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $687K (75%)
- Approval → funding
- 9 days
- Approved
- 5/3/2023
- First disbursed
- 5/12/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 42
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Remediation Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- ELITE FLOOD & FIRE INC in Macomb, MI — $350K (2023) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $175K (50%)
- Approval → funding
- 8 days
- Approved
- 12/27/2022
- First disbursed
- 1/4/2023
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Existing or more than 2 years old
- Industry
- Remediation Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- JB Griffioen, Inc. in Comstock Park, MI — $484K (2020) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $363K (75%)
- Approval → funding
- 12 days
- Approved
- 12/19/2019
- First disbursed
- 12/31/2019
- Loan status
- Paid in full (5/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Existing or more than 2 years old
- Industry
- Residential Remodelers
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Servpro 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 Servpro loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Servpro 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.
- $500K typical Servpro loan
- 2 lenders active in Michigan
- 5+ funded Michigan deals
- 12 days typical to fund
Buyers buying a Servpro 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.