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American Care Corporation — SBA Loan Record (Detroit, MI) | DealRoom

Intelligence/Services for the Elderly and Persons with Disabilities/MI

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SBA lending record

American Care Corporation

1477 BALMORAL DR, Detroit, MI 48203 · Services for the Elderly and Persons with Disabilities. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.3M

Total SBA financing

1

Loan on record

FY2022

On record

205

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is American Care Corporation your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$1,325,000 — FY2022

Gross approval: $1,325,000
SBA guaranteed: $993,750 (75%)
Status: Cancelled
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/11/2022
Collateral: Required
Jobs supported: 205
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Services for the Elderly and Persons with Disabilities
NAICS code: 624120
Lender: Newtek Small Business Finance, Inc.
Address: 1477 BALMORAL DR
City: Detroit, 48203
County: Wayne
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 9

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding services for the elderly and persons with disabilities — by location, industry.

SBA lenders in Michigan Lenders for services for the elderly and persons with disabilities Services for the Elderly and Persons with Disabilities lenders in Michigan

Similar businesses

Comparable services for the elderly and persons with disabilities in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

TIMES TOGETHER DAY CENTER, LLC

St Clair Shores, MI· ~11 mi

Services for the Elderly and Persons with Disabilities

$900K
SBA financing: ≈ $1.8M–$2.9M
Est. revenue (rough)

80th Street Corporation

Ann Arbor, MI· ~35 mi

Services for the Elderly and Persons with Disabilities

$995K
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

Great Lakes Carewell LLC

Sterling Heights, MI· ~14 mi

Services for the Elderly and Persons with Disabilities

$400K
SBA financing: ≈ $784K–$1.3M
Est. revenue (rough)

ELITE BUSINESS SOLUTIONS, L.L.C.

Southfield, MI· ~5 mi

Services for the Elderly and Persons with Disabilities

$40K
SBA financing: ≈ $78K–$131K
Est. revenue (rough)

Imperial Care Services LLC

Southfield, MI· ~6 mi

Services for the Elderly and Persons with Disabilities

$80K
SBA financing: ≈ $157K–$261K
Est. revenue (rough)

Community Connections of Northeast Ohio

Akron, OH· ~125 mi

Services for the Elderly and Persons with Disabilities

$1.9M
SBA financing: ≈ $3.7M–$6.2M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for American Care Corporation in Detroit, MI (Services for the Elderly and Persons with Disabilities). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $1.3M
On record FY2022
205 jobs supported
Industry: Services for the Elderly and Persons with Disabilities
Location: Detroit, MI
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Services for the Elderly and Persons with Disabilities businesses in MI for ~$1.3M deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/american-care-corporation-mi
API:: https://dealroom.so/api/public/businesses/american-care-corporation-mi
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is American Care Corporation your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with American Care Corporation.