Food & Restaurants · lender intelligence
How to finance a Penn Station East Coast Subs in Michigan
The SBA 7(a) lenders funding the most Penn Station East Coast Subs deals in Michigan, from public loan records — typical Penn Station East Coast Subs loan about $350K. A bank already funding the brand in your state knows it twice over.
Most active with Penn Station East Coast Subs in Michigan
Ranked by funded Penn Station East Coast Subs loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
- 2.28 loans · $32M · Saint Joseph, MIFull record →
- 3.138 loans · $276M · Sioux Falls, SDFull record →
- 4.284 loans · $254M · Cincinnati, OHFull record →
6+ funded Penn Station East Coast Subs 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.
- Penn Station in Beverly Hills, MI — $573K (2025) · purchase · United FCU
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $430K (75%)
- Approval → funding
- 17 days
- Approved
- 7/25/2025
- First disbursed
- 8/11/2025
- 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
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $637K
- Est. down payment (10%)
- $64K
- Est. cash at closing
- $85K
- Monthly payment
- $7,652
- Annual debt service
- $92K
- Cash flow needed (1.25×)
- $115K
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 →
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- Penn Station in Clinton Township, MI — $515K (2023) · Pathward National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 126 months
- SBA guaranteed
- $386K (75%)
- Approval → funding
- 24 days
- Approved
- 9/1/2023
- First disbursed
- 9/25/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 40
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Pathward National Association · Lender record →
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- PSMI Group, LLC in Westland, MI — $80K (2022) · Fifth Third Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $40K (50%)
- Approval → funding
- 65 days
- Approved
- 12/22/2021
- First disbursed
- 2/25/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Existing or more than 2 years old
- Industry
- Business Associations
Funded by Fifth Third Bank · Lender record →
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- GRATIOT PS LLC in Clinton Township, MI — $50K (2021) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approval → funding
- 84 days
- Approved
- 11/30/2020
- First disbursed
- 2/22/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- BEVERLY HILLS PS LLC in Beverly Hills, MI — $50K (2021) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $38K (75%)
- Approval → funding
- 18 days
- Approved
- 8/12/2021
- First disbursed
- 8/30/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Rochester PS LLC in Rochester, MI — $50K (2021) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $38K (75%)
- Approval → funding
- 2 days
- Approved
- 9/22/2021
- First disbursed
- 9/24/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Penn Station East Coast Subs 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 Penn Station East Coast Subs loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Penn Station East Coast Subs 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. The Huntington National Bank funds the most here. DealRoom is not a lender.
- $350K typical Penn Station East Coast Subs loan
- 4 lenders active in Michigan
- 6+ funded Michigan deals
- 24 days typical to fund
Buyers buying a Penn Station East Coast Subs 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.