Lender intelligence
Financing a boat dealers acquisition in Michigan
The SBA 7(a) lenders funding the most boat dealers 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 boat dealers · Michigan
Ranked by funded boat dealers acquisitions 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 →
- 2.1 loans · $1M · Mount Pleasant, MIFull record →
3+ funded Boat Dealers 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.
- SUNSET BOATS SDR LLC in Waterford, MI — $1.1M (2025) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.99% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $817K (75%)
- Approval → funding
- 14 days
- Approved
- 8/20/2025
- First disbursed
- 9/3/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Boat Dealers
If you were the buyer here
- Est. deal size
- $1.2M
- Est. down payment (10%)
- $121K
- Est. cash at closing
- $166K
- Monthly payment
- $7,690
- 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 The Huntington National Bank · Lender record →
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- SUNSET BOATS SDR LLC in Waterford, MI — $100K (2025) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approved
- 8/20/2025
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Boat Dealers
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,280
- 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 Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Cammenga and Sons Marine LLC in Mecosta, MI — $697K (2023) · purchase · Isabella Bank
- Program
- 7a General
- Rate at approval
- 7.75% fixed
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $523K (75%)
- Approval → funding
- 19 days
- Approved
- 3/24/2023
- First disbursed
- 4/12/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Boat Dealers
If you were the buyer here
- Est. deal size
- $775K
- Est. down payment (10%)
- $77K
- Est. cash at closing
- $104K
- Monthly payment
- $5,724
- 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 Isabella Bank · Lender record →
Your business? Claim this record · Request removal
Financing a boat dealers 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 boat dealers businesses with a Michigan project address.
Agent summary
How to finance a boat dealers 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. The Huntington National Bank funds the most here. DealRoom is not a lender.
- $1.1M typical loan
- 2 lenders active in Michigan
- 3+ funded Michigan deals
- 19 days typical to fund
Buyers buying a boat dealers 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.