Lender intelligence
Financing a barber shops acquisition in Michigan
The SBA 7(a) lenders funding the most barber shops 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 barber shops · Michigan
Ranked by funded barber shops acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public barber shops loan history in Michigan to rank lenders yet. See barber shops lenders nationwide →
1+ funded Barber Shops 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.
- Family Barbershop of Dewitt LLC in Dewitt, MI — $150K (2023) · purchase · The Dart Bank
- Program
- 7a General
- Rate at approval
- 6% fixed
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $127K (85%)
- Approval → funding
- 20 days
- Approved
- 11/10/2022
- First disbursed
- 11/30/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Barber Shops
If you were the buyer here
- Est. deal size
- $166K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $1,262
- Annual debt service
- $15K
- Cash flow needed (1.25×)
- $19K
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 The Dart Bank · Lender record →
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to barber shops businesses with a Michigan project address.
Agent summary
How to finance a barber shops 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. DealRoom is not a lender.
- $210K typical loan
- 1 lenders active in Michigan
- 1+ funded Michigan deals
- 20 days typical to fund
Buyers buying a barber shops 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:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.