Lender intelligence
Financing a boat building acquisition in Michigan
The SBA 7(a) lenders funding the most boat building acquisitions in Michigan, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance boat building in Michigan
$1.73M
Typical loan
range $1.73M–$1.73M
$1.92M
Est. purchase price
≈ loan ÷ 90%
$264,328
Cash to close
$192,222 down + fees
$22,386/mo
Typical payment
~9.5% · 10yr
$308,927/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
21 days
Typical time to fund
1
Lenders competing
more = leverage
5.25%
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 in boat building · Michigan
Ranked by funded boat building acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public boat building loan history in Michigan to rank lenders yet. See boat building lenders nationwide →
1+ funded Boat Building 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.
- Graczyk Holdings LLC in Chesterfield, MI — $1.7M (2022) · purchase · Pathward National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 105 months
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 21 days
- Approved
- 1/6/2022
- First disbursed
- 1/27/2022
- Loan status
- Paid in full (2/29/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 67
- Business age
- Change of Ownership
- Industry
- Boat Building
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $192K
- Est. cash at closing
- $264K
- Monthly payment
- $20,585
- Annual debt service
- $247K
- Cash flow needed (1.25×)
- $309K
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 Pathward National Association · Lender record →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to boat building businesses with a Michigan project address.
Agent summary
How to finance a boat building acquisition in Michigan with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Michigan deals. CapBench is not a lender.
- $872K typical loan
- 1 lenders active in Michigan
- 1+ funded Michigan deals
- 21 days typical to fund
Buyers buying a boat building in Michigan typically pre-qualify, then ask CapBench to introduce a lender active 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.