Fitness & Recreation · lender intelligence
How to finance a The Back Nine in Michigan
The SBA 7(a) lenders funding the most The Back Nine deals in Michigan, from public loan records — typical The Back Nine loan about $350K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance The Back Nine in Michigan
$446K
Typical loan
range $266K–$460K
$496K
Est. purchase price
≈ loan ÷ 90%
$66,281
Cash to close
$49,556 down + fees
$5,771/mo
Typical payment
~9.5% · 10yr
$79,640/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
62 days
Typical time to fund
6
Lenders competing
more = leverage
9.96%
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 The Back Nine in Michigan
Ranked by funded The Back Nine loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.103 loans · $64M · Indiana, PAFull record →
- 2.19 loans · $18M · Grand Rapids, MIFull record →
- 3.154 loans · $26M · San Diego, CAFull record →
- 4.15 loans · $6M · Watkinsville, GAFull record →
- 5.1,296 loans · $1.4B · Wilmington, NCFull record →
- 6.62 loans · $21M · Saint Cloud, MNFull record →
6+ funded The Back Nine 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.
- Lake Michigan Fairways Corporation in Grand Haven, MI — $565K (2026) · Oconee State Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 123 months
- SBA guaranteed
- $424K (75%)
- Approved
- 1/30/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Startup, Loan Funds will Open Business
- Industry
- All Other Amusement and Recreation Industries
Funded by Oconee State Bank · Lender record →
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- Forged Iron Golf, LLC in Shelby Township, MI — $446K (2026) · Lake Michigan CU
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 126 months
- SBA guaranteed
- $335K (75%)
- Approved
- 11/13/2025
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Startup, Loan Funds will Open Business
- Industry
- All Other Amusement and Recreation Industries
Funded by Lake Michigan CU · Lender record →
Your business? Claim this record · Request removal
- THE BACK NINE - JACKSON in Jackson, MI — $335K (2026) · CDC Small Business Finance Corp.
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 126 months
- SBA guaranteed
- $251K (75%)
- Approval → funding
- 62 days
- Approved
- 11/14/2025
- First disbursed
- 1/15/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Startup, Loan Funds will Open Business
- Industry
- All Other Amusement and Recreation Industries
Funded by CDC Small Business Finance Corp. · Lender record →
Your business? Claim this record · Request removal
- The Back Nine West Bloomfield LLC in Farmington, MI — $200K (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 10.24% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (75%)
- Approved
- 3/3/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Going Low Brands, Inc. in Novi, MI — $460K (2025) · First Commonwealth Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $345K (75%)
- Approval → funding
- 113 days
- Approved
- 7/30/2025
- First disbursed
- 11/20/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Startup, Loan Funds will Open Business
- Industry
- All Other Amusement and Recreation Industries
Funded by First Commonwealth Bank · Lender record →
Your business? Claim this record · Request removal
- FOXTROTTER LLC in Clarkston, MI — $266K (2025) · Stearns Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 123 months
- SBA guaranteed
- $200K (75%)
- Approval → funding
- 43 days
- Approved
- 3/13/2025
- First disbursed
- 4/25/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Startup, Loan Funds will Open Business
- Industry
- All Other Amusement and Recreation Industries
Funded by Stearns Bank National Association · Lender record →
Your business? Claim this record · Request removal
Buying a The Back Nine 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 The Back Nine loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a The Back Nine 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. First Commonwealth Bank funds the most here. CapBench is not a lender.
- $350K typical The Back Nine loan
- 6 lenders active in Michigan
- 6+ funded Michigan deals
- 62 days typical to fund
Buyers buying a The Back Nine 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 2026-06-24.
- 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.