Lender intelligence
Financing a electronics and appliance retailers acquisition in Michigan
The SBA 7(a) lenders funding the most electronics and appliance 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 electronics and appliance retailers · Michigan
Ranked by funded electronics and appliance retailers acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1 loans · $0M · Morrisville, VTFull record →
1+ funded Electronics and Appliance 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.
- Norman Camera GR, LLC in Grand Rapids, MI — $996K (2024) · purchase · Union Bank
- Program
- 7a General
- Rate at approval
- 8.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $747K (75%)
- Approval → funding
- 13 days
- Approved
- 3/16/2024
- First disbursed
- 3/29/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Electronics and Appliance Retailers
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $111K
- Est. cash at closing
- $152K
- Monthly payment
- $12,349
- Annual debt service
- $148K
- Cash flow needed (1.25×)
- $185K
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 Union Bank · Lender record →
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to electronics and appliance retailers businesses with a Michigan project address.
Agent summary
How to finance a electronics and appliance 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. Union Bank funds the most here. DealRoom is not a lender.
- $524K typical loan
- 1 lenders active in Michigan
- 1+ funded Michigan deals
- 13 days typical to fund
Buyers buying a electronics and appliance 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.