Education & Childcare · lender intelligence
How to finance a Kumon in Michigan
The SBA 7(a) lenders funding the most Kumon deals in Michigan, from public loan records — typical Kumon loan about $172K. A bank already funding the brand in your state knows it twice over.
Most active with Kumon in Michigan
Ranked by funded Kumon loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.88 loans · $96M · Muncie, INFull record →
2+ funded Kumon 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.
- LP Learning Inc. in Farmington Hills, MI — $144K (2024) · purchase · First Merchants Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $112K (78%)
- Approval → funding
- 46 days
- Approved
- 8/16/2024
- First disbursed
- 10/1/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Exam Preparation and Tutoring
If you were the buyer here
- Est. deal size
- $160K
- Est. down payment (10%)
- $16K
- Est. cash at closing
- $21K
- Monthly payment
- $1,805
- Annual debt service
- $22K
- Cash flow needed (1.25×)
- $27K
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
- LP Learning Inc in Farmington Hills, MI — $15K (2024) · purchase · First Merchants Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $8K (50%)
- Approved
- 8/19/2024
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Exam Preparation and Tutoring
If you were the buyer here
- Est. deal size
- $17K
- Est. down payment (10%)
- $2K
- Est. cash at closing
- $2K
- Monthly payment
- $198
- Annual debt service
- $2K
- Cash flow needed (1.25×)
- $3K
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
Buying a Kumon 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.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded Kumon loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Kumon 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. First Merchants Bank funds the most here. DealRoom is not a lender.
- $172K typical Kumon loan
- 1 lenders active in Michigan
- 2+ funded Michigan deals
- 46 days typical to fund
Buyers buying a Kumon 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.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.