Lender intelligence
Financing a floor covering retailers acquisition in Michigan
The SBA 7(a) lenders funding the most floor covering 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 floor covering retailers · Michigan
Ranked by funded floor covering retailers acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
- 2.7 loans · $9M · Ann Arbor, MIFull record →
- 3.28 loans · $32M · Saint Joseph, MIFull record →
4+ funded Floor Covering 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.
- Cash N Carry Flooring, LLC in Traverse City, MI — $4.6M (2024) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $3.5M (75%)
- Approval → funding
- 36 days
- Approved
- 4/25/2024
- First disbursed
- 5/31/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 42
- Business age
- Change of Ownership
- Industry
- Floor Covering Retailers
If you were the buyer here
- Est. deal size
- $5.1M
- Est. down payment (10%)
- $514K
- Est. cash at closing
- $712K
- Monthly payment
- $58,653
- Annual debt service
- $704K
- Cash flow needed (1.25×)
- $880K
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 Old National Bank · Lender record →
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- Cash N Carry Flooring, LLC in Traverse City, MI — $300K (2024) · purchase · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (50%)
- Approval → funding
- 133 days
- Approved
- 4/25/2024
- First disbursed
- 9/5/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 42
- Business age
- Change of Ownership
- Industry
- Floor Covering Retailers
If you were the buyer here
- Est. deal size
- $333K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $45K
- Monthly payment
- $3,882
- Annual debt service
- $47K
- Cash flow needed (1.25×)
- $58K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
- Lantinga Enterprises LLC in Battle Creek, MI — $1.3M (2023) · purchase · United FCU
- Program
- 7a General
- Rate at approval
- 8% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $989K (75%)
- Approved
- 1/27/2023
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Floor Covering Retailers
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $146K
- Est. cash at closing
- $201K
- Monthly payment
- $10,176
- Annual debt service
- $122K
- Cash flow needed (1.25×)
- $153K
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 United FCU · Lender record →
Your business? Claim this record · Request removal
- DP Reeves Enterprises LLC in Plymouth, MI — $294K (2023) · purchase · University Bank
- Program
- 7a General
- Rate at approval
- 9.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $221K (75%)
- Approval → funding
- 6 days
- Approved
- 2/15/2023
- First disbursed
- 2/21/2023
- 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
- Floor Covering Retailers
If you were the buyer here
- Est. deal size
- $327K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $44K
- Monthly payment
- $3,809
- Annual debt service
- $46K
- Cash flow needed (1.25×)
- $57K
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 University Bank · Lender record →
Your business? Claim this record · Request removal
Financing a floor covering retailers 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 floor covering retailers businesses with a Michigan project address.
Agent summary
How to finance a floor covering 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. Old National Bank funds the most here. DealRoom is not a lender.
- $755K typical loan
- 3 lenders active in Michigan
- 4+ funded Michigan deals
- 36 days typical to fund
Buyers buying a floor covering 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: