Lender intelligence
Financing a engineering services acquisition in Michigan
The SBA 7(a) lenders funding the most engineering services 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 engineering services · Michigan
Ranked by funded engineering services acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
- 2.1 loans · $0M · Ann Arbor, MIFull record →
- 3.284 loans · $254M · Cincinnati, OHFull record →
10+ funded Engineering Services 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.
- Project Control Engineering LLC in Algonac, MI — $899K (2025) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.09% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $674K (75%)
- Approval → funding
- 14 days
- Approved
- 1/17/2025
- First disbursed
- 1/31/2025
- 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
- Engineering Services
If you were the buyer here
- Est. deal size
- $999K
- Est. down payment (10%)
- $100K
- Est. cash at closing
- $137K
- Monthly payment
- $11,432
- 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 Live Oak Banking Company · Lender record →
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- Memtech Acoustical Services in Rochester Hills, MI — $637K (2025) · purchase · Bank of Ann Arbor
- Program
- 7a General
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $478K (75%)
- Approval → funding
- 9 days
- Approved
- 1/6/2025
- First disbursed
- 1/15/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $708K
- Est. down payment (10%)
- $71K
- Est. cash at closing
- $95K
- Monthly payment
- $8,069
- Annual debt service
- $97K
- Cash flow needed (1.25×)
- $121K
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 Bank of Ann Arbor · Lender record →
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- Memtech Acoustical Services in Rochester Hills, MI — $200K (2025) · purchase · Bank of Ann Arbor
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $100K (50%)
- Approval → funding
- 27 days
- Approved
- 12/19/2024
- First disbursed
- 1/15/2025
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $222K
- Est. down payment (10%)
- $22K
- Est. cash at closing
- $30K
- Monthly payment
- $2,561
- Annual debt service
- $31K
- Cash flow needed (1.25×)
- $38K
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 Bank of Ann Arbor · Lender record →
Your business? Claim this record · Request removal
- Project Control Engineering LLC in Algonac, MI — $100K (2025) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.09% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approval → funding
- 14 days
- Approved
- 1/17/2025
- First disbursed
- 1/31/2025
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,272
- 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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- KLOOSTER SOFTWARE GROUP L.L.C. in Grand Rapids, MI — $2.7M (2024) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.1M (75%)
- Approved
- 7/26/2024
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $3.0M
- Est. down payment (10%)
- $304K
- Est. cash at closing
- $419K
- Monthly payment
- $36,156
- Annual debt service
- $434K
- Cash flow needed (1.25×)
- $542K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Somat Engineering, Inc. in Detroit, MI — $2.5M (2024) · purchase · Fifth Third Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.9M (75%)
- Approval → funding
- 52 days
- Approved
- 4/30/2024
- First disbursed
- 6/21/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 114
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $2.8M
- Est. down payment (10%)
- $280K
- Est. cash at closing
- $386K
- Monthly payment
- $32,608
- Annual debt service
- $391K
- Cash flow needed (1.25×)
- $489K
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 Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
- KLOOSTER SOFTWARE GROUP L.L.C. in Grand Rapids, MI — $300K (2024) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (50%)
- Approved
- 7/26/2024
- Loan status
- Cancelled
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $333K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $45K
- Monthly payment
- $3,965
- Annual debt service
- $48K
- Cash flow needed (1.25×)
- $59K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Access Michigan LLC in Farmington Hills, MI — $4.0M (2021) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $3.6M (90%)
- Approval → funding
- 20 days
- Approved
- 9/16/2021
- First disbursed
- 10/6/2021
- Loan status
- Paid in full (3/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $4.5M
- Est. down payment (10%)
- $447K
- Est. cash at closing
- $618K
- Monthly payment
- $44,182
- Annual debt service
- $530K
- Cash flow needed (1.25×)
- $663K
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
- Korreck Ventures LLC in Holly, MI — $723K (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $651K (90%)
- Approval → funding
- 1 days
- Approved
- 5/27/2021
- First disbursed
- 5/28/2021
- Loan status
- Paid in full (1/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $803K
- Est. down payment (10%)
- $80K
- Est. cash at closing
- $110K
- Monthly payment
- $4,549
- Annual debt service
- $55K
- Cash flow needed (1.25×)
- $68K
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
- Ellerman Engineerting & Innovations, Inc. in Leonard, MI — $513K (2020) · purchase · Citizens Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.25% fixed
- Term
- 192 mo (16 yrs)
- SBA guaranteed
- $385K (75%)
- Approved
- 11/20/2019
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $570K
- Est. down payment (10%)
- $57K
- Est. cash at closing
- $76K
- Monthly payment
- $4,522
- Annual debt service
- $54K
- Cash flow needed (1.25×)
- $68K
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 Citizens Bank, National Association · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to engineering services businesses with a Michigan project address.
Agent summary
How to finance a engineering services 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. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $715K typical loan
- 6 lenders active in Michigan
- 10+ funded Michigan deals
- 14 days typical to fund
Buyers buying a engineering services 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: