Lender intelligence

Most active SBA lenders in Michigan

Industry:

Michigan has 71 FDIC-insured banks, but only a fraction fund business purchases. These 25 banks closed 1,502 SBA 7(a) loans in Michigan in the last 12 months. A lender funding deals here every week knows the local market and moves faster — start at the top.

Deal economics— what it takes to buy & finance Michigan acquisitions

$612K

Typical loan

range $221K–$1.32M

$680K

Est. purchase price

≈ loan ÷ 90%

$90,965

Cash to close

$68,011 down + fees

$7,920/mo

Typical payment

~9.5% · 10yr

$109,296/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

100.0%

Still performing

0% default · FY20–23

20 days

Typical time to fund

104

Lenders competing

more = leverage

9.34%

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.

1.2,539 loans · $965M · Columbus, OHFull record →
2.3 loans · $2M · Minneapolis, MNFull record →
3.3,264 loans · $846M · Miami, FLFull record →
4.284 loans · $254M · Cincinnati, OHFull record →
5.1,296 loans · $1.4B · Wilmington, NCFull record →
6.15 loans · $4M · Waverly, NEFull record →
7.24 loans · $20M · Grand Rapids, MIFull record →
8.868 loans · $362M · Salt Lake City, UTFull record →
9.18 loans · $6M · Oxford, MIFull record →
10.1,025 loans · $292M · Berkeley Heights, NJFull record →
11.28 loans · $32M · Saint Joseph, MIFull record →
12.23 loans · $15M · Sparta, MIFull record →
13.116 loans · $120M · Evansville, INFull record →
14.575 loans · $220M · De Graff, OHFull record →
15.10 loans · $3M · Traverse City, MIFull record →
16.168 loans · $205M · Fishers, INFull record →
17.5 loans · $5M · Lansing, MIFull record →
18.18 loans · $21M · Farmington Hills, MIFull record →
19.328 loans · $134M · Cleveland, OHFull record →
20.741 loans · $149M · Northbrook, ILFull record →
21.19 loans · $18M · Grand Rapids, MIFull record →
22.104 loans · $100M · Portsmouth, VAFull record →
23.5 loans · $1M · East Lansing, MIFull record →
24.242 loans · $281M · Chicago, ILFull record →
25.16 loans · $13M · Dearborn, MIFull record →

725+ funded 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.

Global Lodge, LLC in Grand Blanc, MI — $5.0M (2026) · purchase · Shoreham Bank
Program
Preferred Lenders Program
Rate at approval
8% variable
Term
300 mo (25 yrs)
SBA guaranteed
$3.8M (75%)
Approval → funding
39 days
Approved
11/13/2025
First disbursed
12/22/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
15
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
If you were the buyer here
Est. deal size
$5.6M
Est. down payment (10%)
$556K
Est. cash at closing
$769K
Monthly payment
$38,591
Annual debt service
$463K
Cash flow needed (1.25×)
$579K
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 Shoreham Bank · Lender record →
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FFRB HOLDINGS LLC in Flat Rock, MI — $4.9M (2026) · purchase · Bankwell Bank
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$3.7M (75%)
Approved
1/29/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
28
Business age
Change of Ownership
Industry
Packaging and Labeling Services
If you were the buyer here
Est. deal size
$5.4M
Est. down payment (10%)
$542K
Est. cash at closing
$749K
Monthly payment
$41,749
Annual debt service
$501K
Cash flow needed (1.25×)
$626K
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 Bankwell Bank · Lender record →
Your business? Claim this record · Request removal
Wide World Sports Recreation, LLC in Ann Arbor, MI — $4.6M (2026) · purchase · Fifth Third Bank
Program
7a General
Rate at approval
6.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$3.4M (75%)
Approved
1/27/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Change of Ownership
Industry
All Other Amusement and Recreation Industries
If you were the buyer here
Est. deal size
$5.1M
Est. down payment (10%)
$506K
Est. cash at closing
$699K
Monthly payment
$31,439
Annual debt service
$377K
Cash flow needed (1.25×)
$472K
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 Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
Roussey Machining Solutions LLC in Bronson, MI — $3.8M (2026) · purchase · Old National Bank
Program
Preferred Lenders Program
Rate at approval
7.75% fixed
Term
168 mo (14 yrs)
SBA guaranteed
$2.9M (75%)
Approval → funding
18 days
Approved
1/30/2026
First disbursed
2/17/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
22
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$4.3M
Est. down payment (10%)
$426K
Est. cash at closing
$588K
Monthly payment
$37,435
Annual debt service
$449K
Cash flow needed (1.25×)
$562K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
TWS ACUISITION LLC in Mancelona, MI — $3.6M (2026) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
9% variable
Term
299 months
SBA guaranteed
$2.7M (75%)
Approved
1/30/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
20
Business age
Change of Ownership
Industry
All Other Specialty Trade Contractors
If you were the buyer here
Est. deal size
$4.1M
Est. down payment (10%)
$406K
Est. cash at closing
$560K
Monthly payment
$30,658
Annual debt service
$368K
Cash flow needed (1.25×)
$460K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
SUPERIOR HOME SERVICES INC. in Hartland, MI — $3.3M (2026) · purchase · First Merchants Bank
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.5M (75%)
Approved
3/23/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
32
Business age
Change of Ownership
Industry
Appliance Repair and Maintenance
If you were the buyer here
Est. deal size
$3.6M
Est. down payment (10%)
$364K
Est. cash at closing
$503K
Monthly payment
$38,875
Annual debt service
$466K
Cash flow needed (1.25×)
$583K
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 First Merchants Bank · Lender record →
Your business? Claim this record · Request removal
Spring Brook Irrigation, Inc. in Holland, MI — $3.2M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
7.75% variable
Term
204 mo (17 yrs)
SBA guaranteed
$2.4M (75%)
Approved
1/13/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
12
Business age
Change of Ownership
Industry
Farm and Garden Machinery and Equipment Merchant Wholesalers
If you were the buyer here
Est. deal size
$3.6M
Est. down payment (10%)
$358K
Est. cash at closing
$495K
Monthly payment
$28,473
Annual debt service
$342K
Cash flow needed (1.25×)
$427K
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
Custom Built Heat 'N Sweep LLC in Okemos, MI — $3.1M (2026) · purchase · Capitol National Bank
Program
Preferred Lenders Program
Rate at approval
7.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.3M (75%)
Approved
3/26/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
51
Business age
Change of Ownership
Industry
Furniture Retailers
If you were the buyer here
Est. deal size
$3.4M
Est. down payment (10%)
$340K
Est. cash at closing
$469K
Monthly payment
$36,723
Annual debt service
$441K
Cash flow needed (1.25×)
$551K
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 Capitol National Bank · Lender record →
Your business? Claim this record · Request removal
Inpatient Care Specialists PLLC in Dearborn, MI — $2.8M (2026) · purchase · Community Bank & Trust-West Georgia
Program
Preferred Lenders Program
Rate at approval
8.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.1M (75%)
Approval → funding
17 days
Approved
1/27/2026
First disbursed
2/13/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
10
Business age
Change of Ownership
Industry
Offices of Physicians (except Mental Health Specialists)
If you were the buyer here
Est. deal size
$3.1M
Est. down payment (10%)
$314K
Est. cash at closing
$433K
Monthly payment
$35,366
Annual debt service
$424K
Cash flow needed (1.25×)
$530K
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 Community Bank & Trust-West Georgia
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Ochalek Funeral and Cremation Service LLC in Milan, MI — $2.6M (2026) · purchase · Fifth Third Bank
Program
Preferred Lenders Program
Rate at approval
7.75% variable
Term
192 mo (16 yrs)
SBA guaranteed
$1.9M (75%)
Approved
1/27/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
Funeral Homes and Funeral Services
If you were the buyer here
Est. deal size
$2.8M
Est. down payment (10%)
$284K
Est. cash at closing
$392K
Monthly payment
$23,259
Annual debt service
$279K
Cash flow needed (1.25×)
$349K
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 Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
Orion Outdoors LLC in Iron Mountain, MI — $2.5M (2026) · purchase · First National Bank & Trust Co
Program
7a General
Rate at approval
7.5% fixed
Term
150 months
SBA guaranteed
$1.9M (75%)
Approval → funding
25 days
Approved
11/24/2025
First disbursed
12/19/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
Sporting and Recreational Goods and Supplies Merchant Wholes
If you were the buyer here
Est. deal size
$2.7M
Est. down payment (10%)
$275K
Est. cash at closing
$379K
Monthly payment
$25,456
Annual debt service
$305K
Cash flow needed (1.25×)
$382K
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 First National Bank & Trust Co · Lender record →
Your business? Claim this record · Request removal
NSI Land Services LLC in Farmington, MI — $2.4M (2026) · purchase · Milestone Bank
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.8M (75%)
Approved
3/19/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
14
Business age
Change of Ownership
Industry
Other Activities Related to Real Estate
If you were the buyer here
Est. deal size
$2.7M
Est. down payment (10%)
$267K
Est. cash at closing
$368K
Monthly payment
$31,055
Annual debt service
$373K
Cash flow needed (1.25×)
$466K
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 Milestone Bank · Lender record →
Your business? Claim this record · Request removal
Lakeshore Auto Services, LLC in Charlevoix, MI — $2.3M (2026) · purchase · First Internet Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.7M (75%)
Approved
2/23/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
General Automotive Repair
If you were the buyer here
Est. deal size
$2.6M
Est. down payment (10%)
$258K
Est. cash at closing
$356K
Monthly payment
$18,316
Annual debt service
$220K
Cash flow needed (1.25×)
$275K
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 First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Blue Flame Heating & Cooling, Inc. in Flint, MI — $2.2M (2026) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
9% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.7M (75%)
Approval → funding
29 days
Approved
1/29/2026
First disbursed
2/27/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
13
Business age
Change of Ownership
Industry
Plumbing, Heating, and Air-Conditioning Contractors
If you were the buyer here
Est. deal size
$2.5M
Est. down payment (10%)
$247K
Est. cash at closing
$340K
Monthly payment
$28,122
Annual debt service
$337K
Cash flow needed (1.25×)
$422K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
Allen-Droog Holdings LLC in Grand Rapids, MI — $2.1M (2026) · purchase · Fifth Third Bank
Program
Preferred Lenders Program
Rate at approval
6.9% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.6M (75%)
Approval → funding
15 days
Approved
12/4/2025
First disbursed
12/19/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
1
Business age
Change of Ownership
Industry
Advertising Agencies
If you were the buyer here
Est. deal size
$2.4M
Est. down payment (10%)
$238K
Est. cash at closing
$328K
Monthly payment
$24,783
Annual debt service
$297K
Cash flow needed (1.25×)
$372K
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 Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
New Northend Market in Oak Park, MI — $1.9M (2026) · purchase · United FCU
Program
Preferred Lenders Program
Rate at approval
8.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.4M (75%)
Approved
2/24/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Retailers
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$214K
Est. cash at closing
$294K
Monthly payment
$15,826
Annual debt service
$190K
Cash flow needed (1.25×)
$237K
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 United FCU · Lender record →
Your business? Claim this record · Request removal
OLMSTEAD CAPITAL, INC. in Traverse City, MI — $1.9M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
8.98% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.4M (75%)
Approval → funding
34 days
Approved
11/13/2025
First disbursed
12/17/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
48
Business age
Change of Ownership
Industry
All Other Miscellaneous General Purpose Machinery Manufactur
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$210K
Est. cash at closing
$289K
Monthly payment
$23,939
Annual debt service
$287K
Cash flow needed (1.25×)
$359K
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
Panchos Palace of Detroit in Detroit, MI — $1.9M (2026) · purchase · First Internet Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
149 months
SBA guaranteed
$1.4M (75%)
Approval → funding
7 days
Approved
12/16/2025
First disbursed
12/23/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
4
Business age
Change of Ownership
Industry
Convenience Retailers
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$206K
Est. cash at closing
$283K
Monthly payment
$20,959
Annual debt service
$252K
Cash flow needed (1.25×)
$314K
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 First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Witt Mechanical, Inc. in Wixom, MI — $1.8M (2026) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
8.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.4M (75%)
Approved
3/31/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Plumbing, Heating, and Air-Conditioning Contractors
If you were the buyer here
Est. deal size
$2.0M
Est. down payment (10%)
$203K
Est. cash at closing
$279K
Monthly payment
$22,872
Annual debt service
$274K
Cash flow needed (1.25×)
$343K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
SIG OpCo LLC in Sturgis, MI — $1.8M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
8.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.3M (75%)
Approved
1/27/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
14
Business age
Change of Ownership
Industry
All Other Industrial Machinery Manufacturing
If you were the buyer here
Est. deal size
$2.0M
Est. down payment (10%)
$197K
Est. cash at closing
$271K
Monthly payment
$14,583
Annual debt service
$175K
Cash flow needed (1.25×)
$219K
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

Buying in Michigan? Start with a lender that already funds deals here

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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 lending records, trailing 12 months. Rankings count funded 7(a) loans with a Michigan project address.

Agent summary

The SBA 7(a) lenders most active in Michigan over the trailing 12 months, from public loan records, led by The Huntington National Bank. A lender that funds deals here every week underwrites faster and knows the local market. CapBench is not a lender.

25 active SBA lenders ranked
1,502 Michigan loans (12 mo)
$612K typical acquisition loan
20 days typical to fund

Buyers buying in Michigan typically pre-qualify, then ask CapBench to introduce a lender already closing deals here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker

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/state/michigan
API:: https://www.capbench.com/api/public/lenders?state=MI
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.