Lender intelligence
Financing a postal service acquisition in Michigan
The SBA 7(a) lenders funding the most postal service 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 postal service in Michigan
$806K
Typical loan
range $806K–$806K
$895K
Est. purchase price
≈ loan ÷ 90%
$122,727
Cash to close
$89,500 down + fees
$10,423/mo
Typical payment
~9.5% · 10yr
$143,837/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
25 days
Typical time to fund
1
Lenders competing
more = leverage
7.5%
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 in postal service · Michigan
Ranked by funded postal service acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public postal service loan history in Michigan to rank lenders yet. See postal service lenders nationwide →
1+ funded Postal Service 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.
- DRUN TRUCKING, INC. in Kalamazoo, MI — $806K (2020) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $604K (75%)
- Approval → funding
- 25 days
- Approved
- 11/5/2019
- First disbursed
- 11/30/2019
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Postal Service
If you were the buyer here
- Est. deal size
- $895K
- Est. down payment (10%)
- $90K
- Est. cash at closing
- $123K
- Monthly payment
- $9,561
- Annual debt service
- $115K
- Cash flow needed (1.25×)
- $143K
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 Celtic Bank Corporation · Lender record →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to postal service businesses with a Michigan project address.
Agent summary
How to finance a postal service 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.
- $311K typical loan
- 1 lenders active in Michigan
- 1+ funded Michigan deals
- 25 days typical to fund
Buyers buying a postal service 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.