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How to finance a Do it Best – Membership Agreement in Michigan
The SBA 7(a) lenders funding the most Do it Best – Membership Agreement deals in Michigan, from public loan records — typical Do it Best – Membership Agreement loan about $385K. A bank already funding the brand in your state knows it twice over.
Most active with Do it Best – Membership Agreement in Michigan
Ranked by funded Do it Best – Membership Agreement loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.31 loans · $11M · Green Bay, WIFull record →
- 2.47 loans · $39M · Greenville, PAFull record →
- 3.2 loans · $1M · Clinton Township, MIFull record →
6+ funded Do it Best – Membership Agreement 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.
- Heritage Mill Hardware, Inc. in Drummond Island, MI — $1.6M (2023) · Nicolet National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 168 mo (14 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 7 days
- Approved
- 2/24/2023
- First disbursed
- 3/3/2023
- Loan status
- Past due
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Existing or more than 2 years old
- Industry
- Home Centers
Funded by Nicolet National Bank · Lender record →
Your business? Claim this record · Request removal
- Walled Lake Hardware LLC in Walled Lake, MI — $400K (2023) · Michigan Schools and Government Credit Union
- Program
- 7a General
- Rate at approval
- 5.75% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $300K (75%)
- Approval → funding
- 17 days
- Approved
- 10/18/2022
- First disbursed
- 11/4/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 18
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hardware Retailers
Funded by Michigan Schools and Government Credit Union · Lender record →
Your business? Claim this record · Request removal
- Big Rapids Cash & Carry Inc in Big Rapids, MI — $2.0M (2020) · purchase · First National Bank of Pennsylvania
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 184 months
- SBA guaranteed
- $1.5M (75%)
- Approval → funding
- 32 days
- Approved
- 7/30/2020
- First disbursed
- 8/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- Hardware Stores
If you were the buyer here
- Est. deal size
- $2.2M
- Est. down payment (10%)
- $222K
- Est. cash at closing
- $306K
- Monthly payment
- $16,124
- Annual debt service
- $193K
- Cash flow needed (1.25×)
- $242K
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 of Pennsylvania · Lender record →
Your business? Claim this record · Request removal
- Lock City Manufacturing Company in Sault Sainte Marie, MI — $1.8M (2020) · purchase · Nicolet National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 192 mo (16 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 2 days
- Approved
- 3/4/2020
- First disbursed
- 3/6/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 19
- Business age
- Change of Ownership
- Industry
- Other Building Material Dealers
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $195K
- Est. cash at closing
- $268K
- Monthly payment
- $14,972
- Annual debt service
- $180K
- Cash flow needed (1.25×)
- $225K
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 Nicolet National Bank · Lender record →
Your business? Claim this record · Request removal
- Scott Bresson Properties LLC in Portage, MI — $734K (2020) · purchase · Sturgis Bank & Trust Company
- Program
- 7a General
- Rate at approval
- 6% fixed
- Term
- 204 mo (17 yrs)
- SBA guaranteed
- $550K (75%)
- Approval → funding
- 7 days
- Approved
- 3/24/2020
- First disbursed
- 3/31/2020
- Loan status
- Paid in full (9/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Hardware Stores
If you were the buyer here
- Est. deal size
- $815K
- Est. down payment (10%)
- $82K
- Est. cash at closing
- $112K
- Monthly payment
- $5,744
- Annual debt service
- $69K
- Cash flow needed (1.25×)
- $86K
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 Sturgis Bank & Trust Company
Your business? Claim this record · Request removal
- Big Rapids Cash & Carry Inc in Big Rapids, MI — $150K (2020) · First National Bank of Pennsylvania
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $75K (50%)
- Approval → funding
- 13 days
- Approved
- 9/17/2020
- First disbursed
- 9/30/2020
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Existing or more than 2 years old
- Industry
- Hardware Stores
Funded by First National Bank of Pennsylvania · Lender record →
Your business? Claim this record · Request removal
Buying a Do it Best – Membership Agreement 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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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Do it Best – Membership Agreement loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Do it Best – Membership Agreement 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. Nicolet National Bank funds the most here. DealRoom is not a lender.
- $385K typical Do it Best – Membership Agreement loan
- 4 lenders active in Michigan
- 6+ funded Michigan deals
- 13 days typical to fund
Buyers buying a Do it Best – Membership Agreement in Michigan typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.