Financing a drinking places (alcoholic beverages) acquisition in Michigan

13+ funded Drinking Places (Alcoholic Beverages) 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.

• Mainstreet Winery, LLC in Howell, MI — $159K (2026) · purchase · Readycap Lending, LLC

  Program

  Preferred Lenders Program

  Rate at approval

  9.5% variable

  Term

  120 mo (10 yrs)

  SBA guaranteed

  $111K (70%)

  Approved

  1/22/2026

  Loan status

  Committed

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $177K

  Est. down payment (10%)

  $18K

  Est. cash at closing

  $24K

  Monthly payment

  $2,057

  Annual debt service

  $25K

  Cash flow needed (1.25×)

  $31K

  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 Readycap Lending, LLC · Lender record →

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• The Dirt Investments, LLC in Glen Arbor, MI — $708K (2025) · purchase · State Savings Bank

  Program

  7a General

  Rate at approval

  7.5% variable

  Term

  120 mo (10 yrs)

  SBA guaranteed

  $531K (75%)

  Approval → funding

  68 days

  Approved

  3/26/2025

  First disbursed

  6/2/2025

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  65

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $787K

  Est. down payment (10%)

  $79K

  Est. cash at closing

  $108K

  Monthly payment

  $8,409

  Annual debt service

  $101K

  Cash flow needed (1.25×)

  $126K

  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 State Savings Bank

  Your business? Claim this record · Request removal

• CNP Property Holdings in Standish, MI — $233K (2025) · purchase · 1st State Bank

  Program

  Preferred Lenders Program

  Rate at approval

  9% variable

  Term

  180 mo (15 yrs)

  SBA guaranteed

  $116K (50%)

  Approval → funding

  49 days

  Approved

  3/18/2025

  First disbursed

  5/6/2025

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  6

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $258K

  Est. down payment (10%)

  $26K

  Est. cash at closing

  $35K

  Monthly payment

  $2,358

  Annual debt service

  $28K

  Cash flow needed (1.25×)

  $35K

  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 1st State Bank · Lender record →

  Your business? Claim this record · Request removal

• Whalens Bar & Grill in Standish, MI — $50K (2025) · purchase · 1st State Bank

  Program

  Preferred Lenders Program

  Rate at approval

  9% fixed

  Term

  60 mo (5 yrs)

  SBA guaranteed

  $25K (50%)

  Approval → funding

  45 days

  Approved

  3/18/2025

  First disbursed

  5/2/2025

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  6

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $56K

  Est. down payment (10%)

  $6K

  Est. cash at closing

  $7K

  Monthly payment

  $1,038

  Annual debt service

  $12K

  Cash flow needed (1.25×)

  $16K

  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 1st State Bank · Lender record →

  Your business? Claim this record · Request removal

• Whalens Bar & Grill in Standish, MI — $50K (2025) · purchase · 1st State Bank

  Program

  Preferred Lenders Program

  Rate at approval

  9% fixed

  Term

  60 mo (5 yrs)

  SBA guaranteed

  $25K (50%)

  Approval → funding

  14 days

  Approved

  5/19/2025

  First disbursed

  6/2/2025

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  6

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $56K

  Est. down payment (10%)

  $6K

  Est. cash at closing

  $7K

  Monthly payment

  $1,038

  Annual debt service

  $12K

  Cash flow needed (1.25×)

  $16K

  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 1st State Bank · Lender record →

  Your business? Claim this record · Request removal

• Gurden Enterprises, LLC in Cadillac, MI — $20K (2025) · purchase · Horizon Bank

  Program

  SBA Express Program

  Subprogram

  FA$TRK (Small Loan Express)

  Rate at approval

  9.75% variable

  Term

  16 months

  SBA guaranteed

  $10K (50%)

  Approval → funding

  140 days

  Approved

  12/4/2024

  First disbursed

  4/23/2025

  Loan status

  Current

  Loan type

  Revolving line

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  5

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $22K

  Est. down payment (10%)

  $2K

  Est. cash at closing

  $3K

  Monthly payment

  $1,338

  Annual debt service

  $16K

  Cash flow needed (1.25×)

  $20K

  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 Horizon Bank · Lender record →

  Your business? Claim this record · Request removal

• Yono Investments Management LLC in Shelby Township, MI — $778K (2024) · purchase · Merchants Bank of Indiana

  Program

  Preferred Lenders Program

  Rate at approval

  10.5% variable

  Term

  240 mo (20 yrs)

  SBA guaranteed

  $583K (75%)

  Approval → funding

  41 days

  Approved

  8/21/2024

  First disbursed

  10/1/2024

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Secondary market

  Loan sold to investors

  Jobs supported

  15

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $864K

  Est. down payment (10%)

  $86K

  Est. cash at closing

  $118K

  Monthly payment

  $7,762

  Annual debt service

  $93K

  Cash flow needed (1.25×)

  $116K

  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 Merchants Bank of Indiana · Lender record →

  Your business? Claim this record · Request removal

• Brasserie Detroit L.L.C. in Detroit, MI — $221K (2024) · purchase · Michigan Schools and Government Credit Union

  Program

  7a General

  Rate at approval

  8% fixed

  Term

  198 months

  SBA guaranteed

  $166K (75%)

  Approval → funding

  42 days

  Approved

  8/13/2024

  First disbursed

  9/24/2024

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  8

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $246K

  Est. down payment (10%)

  $25K

  Est. cash at closing

  $33K

  Monthly payment

  $2,016

  Annual debt service

  $24K

  Cash flow needed (1.25×)

  $30K

  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 Michigan Schools and Government Credit Union · Lender record →

  Your business? Claim this record · Request removal

• Vassar's Property of Norway, LLC in Norway, MI — $286K (2023) · purchase · First National Bank & Trust Co

  Program

  7a General

  Rate at approval

  8% fixed

  Term

  240 mo (20 yrs)

  SBA guaranteed

  $215K (75%)

  Approval → funding

  34 days

  Approved

  2/22/2023

  First disbursed

  3/28/2023

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  7

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $318K

  Est. down payment (10%)

  $32K

  Est. cash at closing

  $43K

  Monthly payment

  $2,394

  Annual debt service

  $29K

  Cash flow needed (1.25×)

  $36K

  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 National Bank & Trust Co · Lender record →

  Your business? Claim this record · Request removal

• Modell Property Holdings LLC in Marquette, MI — $513K (2022) · purchase · Embers Credit Union

  Program

  7a General

  Rate at approval

  6.5% variable

  Term

  300 mo (25 yrs)

  SBA guaranteed

  $384K (75%)

  Approval → funding

  93 days

  Approved

  9/13/2022

  First disbursed

  12/15/2022

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  13

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $569K

  Est. down payment (10%)

  $57K

  Est. cash at closing

  $76K

  Monthly payment

  $3,460

  Annual debt service

  $42K

  Cash flow needed (1.25×)

  $52K

  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 Embers Credit Union

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• Duck Lake Tavern, LLC in Albion, MI — $349K (2021) · purchase · Eaton Community Bank

  Program

  7a General

  Rate at approval

  5.25% fixed

  Term

  240 mo (20 yrs)

  SBA guaranteed

  $314K (90%)

  Approval → funding

  4 days

  Approved

  8/27/2021

  First disbursed

  8/31/2021

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  20

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $387K

  Est. down payment (10%)

  $39K

  Est. cash at closing

  $52K

  Monthly payment

  $2,350

  Annual debt service

  $28K

  Cash flow needed (1.25×)

  $35K

  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 Eaton Community Bank · Lender record →

  Your business? Claim this record · Request removal

• Larks Lake, LLC in Pellston, MI — $876K (2020) · purchase · 4Front Credit Union

  Program

  7a General

  Rate at approval

  5.25% variable

  Term

  180 mo (15 yrs)

  SBA guaranteed

  $657K (75%)

  Approval → funding

  23 days

  Approved

  11/7/2019

  First disbursed

  11/30/2019

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  37

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $973K

  Est. down payment (10%)

  $97K

  Est. cash at closing

  $133K

  Monthly payment

  $7,038

  Annual debt service

  $84K

  Cash flow needed (1.25×)

  $106K

  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 4Front Credit Union · Lender record →

  Your business? Claim this record · Request removal

• #1 Legends LLC in Battle Creek, MI — $150K (2020) · purchase · Northern Great Lakes Initiatives

  Program

  Community Advantage Initiative

  Subprogram

  Community Advantage Initiative

  Rate at approval

  8% fixed

  Term

  180 mo (15 yrs)

  SBA guaranteed

  $128K (85%)

  Approval → funding

  63 days

  Approved

  5/29/2020

  First disbursed

  7/31/2020

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Jobs supported

  6

  Business age

  Change of Ownership

  Industry

  Drinking Places (Alcoholic Beverages)

  If you were the buyer here

  Est. deal size

  $167K

  Est. down payment (10%)

  $17K

  Est. cash at closing

  $21K

  Monthly payment

  $1,433

  Annual debt service

  $17K

  Cash flow needed (1.25×)

  $22K

  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