Lender intelligence
Financing a convenience retailers acquisition in Michigan
The SBA 7(a) lenders funding the most convenience retailers 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 convenience retailers · Michigan
Ranked by funded convenience retailers acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.242 loans · $281M · Chicago, ILFull record →
- 2.168 loans · $205M · Fishers, INFull record →
- 3.1 loans · $1M · Mount Pleasant, MIFull record →
- 4.499 loans · $106M · Los Angeles, CAFull record →
8+ funded Convenience Retailers 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.
- Panchos Palace of Detroit in Detroit, MI — $1.9M (2026) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 149 months
- SBA guaranteed
- $1.4M (75%)
- Approval → funding
- 7 days
- Approved
- 12/16/2025
- First disbursed
- 12/23/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $2.1M
- Est. down payment (10%)
- $206K
- Est. cash at closing
- $283K
- Monthly payment
- $20,959
- Annual debt service
- $252K
- Cash flow needed (1.25×)
- $314K
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 Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- Amardeep Corporation in Grand Rapids, MI — $1.4M (2026) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approved
- 3/31/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $155K
- Est. cash at closing
- $213K
- Monthly payment
- $12,223
- Annual debt service
- $147K
- Cash flow needed (1.25×)
- $183K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
- Huron Spirits LLC in Alpena, MI — $323K (2025) · purchase · Northern Great Lakes Initiatives
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% fixed
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $242K (75%)
- Approval → funding
- 19 days
- Approved
- 4/10/2025
- First disbursed
- 4/29/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $359K
- Est. down payment (10%)
- $36K
- Est. cash at closing
- $48K
- Monthly payment
- $3,008
- Annual debt service
- $36K
- Cash flow needed (1.25×)
- $45K
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 Northern Great Lakes Initiatives
Your business? Claim this record · Request removal
- D4D Ventures, LLC in Alger, MI — $220K (2024) · purchase · Isabella Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8% fixed
- Term
- 243 months
- SBA guaranteed
- $110K (50%)
- Approval → funding
- 76 days
- Approved
- 12/2/2023
- First disbursed
- 2/16/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $244K
- Est. down payment (10%)
- $24K
- Est. cash at closing
- $33K
- Monthly payment
- $1,831
- 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 Isabella Bank · Lender record →
Your business? Claim this record · Request removal
- Pinebrook Party Store, Inc. in Sterling Heights, MI — $921K (2023) · purchase · Lendistry SBLC, LLC
- Program
- 7a General
- Rate at approval
- 9.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $691K (75%)
- Approved
- 4/24/2023
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $1.0M
- Est. down payment (10%)
- $102K
- Est. cash at closing
- $140K
- Monthly payment
- $7,889
- Annual debt service
- $95K
- Cash flow needed (1.25×)
- $118K
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 Lendistry SBLC, LLC · Lender record →
Your business? Claim this record · Request removal
- KASHMIR LIQUOR, INC in New Baltimore, MI — $804K (2023) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $603K (75%)
- Approved
- 9/28/2023
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $893K
- Est. down payment (10%)
- $89K
- Est. cash at closing
- $122K
- Monthly payment
- $9,265
- Annual debt service
- $111K
- Cash flow needed (1.25×)
- $139K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
- DOLLC ENTERPRISE INC in Roseville, MI — $751K (2023) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 91 months
- SBA guaranteed
- $563K (75%)
- Approval → funding
- 8 days
- Approved
- 11/29/2022
- First disbursed
- 12/7/2022
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $834K
- Est. down payment (10%)
- $83K
- Est. cash at closing
- $114K
- Monthly payment
- $11,417
- Annual debt service
- $137K
- Cash flow needed (1.25×)
- $171K
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 Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- Roberts & Sarkis, Inc. in Blissfield, MI — $547K (2022) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $410K (75%)
- Approval → funding
- 10 days
- Approved
- 7/22/2022
- First disbursed
- 8/1/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $608K
- Est. down payment (10%)
- $61K
- Est. cash at closing
- $81K
- Monthly payment
- $4,042
- Annual debt service
- $49K
- Cash flow needed (1.25×)
- $61K
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 Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Financing a convenience retailers deal in Michigan? Start with the right lender
We'll point you to the SBA lenders already funding your industry 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 acquisition loans to convenience retailers businesses with a Michigan project address.
Agent summary
How to finance a convenience retailers 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. Byline Bank funds the most here. DealRoom is not a lender.
- $530K typical loan
- 5 lenders active in Michigan
- 8+ funded Michigan deals
- 10 days typical to fund
Buyers buying a convenience retailers 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: