Lender intelligence
Financing a automobile driving schools acquisition in Michigan
The SBA 7(a) lenders funding the most automobile driving schools acquisitions in Michigan, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in automobile driving schools · Michigan
Ranked by funded automobile driving schools acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
2+ funded Automobile Driving Schools 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.
- Courtesy Driving School Inc. in Shelby Township, MI — $4.8M (2024) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $3.6M (75%)
- Approval → funding
- 58 days
- Approved
- 7/3/2024
- First disbursed
- 8/30/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Automobile Driving Schools
If you were the buyer here
- Est. deal size
- $5.3M
- Est. down payment (10%)
- $528K
- Est. cash at closing
- $730K
- Monthly payment
- $61,464
- Annual debt service
- $738K
- Cash flow needed (1.25×)
- $922K
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 →
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- Courtesy Driving School Inc. in Shelby Township, MI — $250K (2024) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $125K (50%)
- Approval → funding
- 58 days
- Approved
- 7/3/2024
- First disbursed
- 8/30/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Automobile Driving Schools
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $3,304
- Annual debt service
- $40K
- Cash flow needed (1.25×)
- $50K
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
Financing a automobile driving schools deal in Michigan? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to automobile driving schools businesses with a Michigan project address.
Agent summary
How to finance a automobile driving schools acquisition in Michigan with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Michigan deals. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $275K typical loan
- 1 lenders active in Michigan
- 2+ funded Michigan deals
- 58 days typical to fund
Buyers buying a automobile driving schools in Michigan typically pre-qualify, then ask DealRoom to introduce a lender active 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: