Lender intelligence
Financing a flooring contractors acquisition in Michigan
The SBA 7(a) lenders funding the most flooring contractors 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 flooring contractors · Michigan
Ranked by funded flooring contractors acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.36 loans · $51M · Carmel, INFull record →
4+ funded Flooring Contractors 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.
- BATCHED FLOORS LLC in Petoskey, MI — $803K (2023) · purchase · Merchants Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 98 months
- SBA guaranteed
- $602K (75%)
- Approval → funding
- 24 days
- Approved
- 2/7/2023
- First disbursed
- 3/3/2023
- 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
- 5
- Business age
- Change of Ownership
- Industry
- Flooring Contractors
If you were the buyer here
- Est. deal size
- $892K
- Est. down payment (10%)
- $89K
- Est. cash at closing
- $122K
- Monthly payment
- $11,804
- Annual debt service
- $142K
- Cash flow needed (1.25×)
- $177K
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 →
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- BATCHED FLOORS LLC in Petoskey, MI — $440K (2023) · purchase · Merchants Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 280 months
- SBA guaranteed
- $330K (75%)
- Approval → funding
- 24 days
- Approved
- 2/7/2023
- First disbursed
- 3/3/2023
- 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
- 5
- Business age
- Change of Ownership
- Industry
- Flooring Contractors
If you were the buyer here
- Est. deal size
- $489K
- Est. down payment (10%)
- $49K
- Est. cash at closing
- $65K
- Monthly payment
- $3,914
- Annual debt service
- $47K
- 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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- Continental Interiors Inc in Troy, MI — $4.9M (2021) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 156 mo (13 yrs)
- SBA guaranteed
- $3.7M (77%)
- Approval → funding
- 3 days
- Approved
- 2/1/2021
- First disbursed
- 2/4/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 65
- Business age
- Change of Ownership
- Industry
- Flooring Contractors
If you were the buyer here
- Est. deal size
- $5.4M
- Est. down payment (10%)
- $544K
- Est. cash at closing
- $752K
- Monthly payment
- $45,237
- Annual debt service
- $543K
- Cash flow needed (1.25×)
- $679K
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
- FLOOR CARE CONCEPTS & SUPPLY, LLC in Grand Rapids, MI — $1.3M (2021) · purchase · Fifth Third Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.61% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (90%)
- Approval → funding
- 23 days
- Approved
- 9/1/2021
- First disbursed
- 9/24/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Flooring Contractors
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $140K
- Est. cash at closing
- $192K
- Monthly payment
- $13,125
- Annual debt service
- $158K
- Cash flow needed (1.25×)
- $197K
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
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to flooring contractors businesses with a Michigan project address.
Agent summary
How to finance a flooring contractors 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. Merchants Bank of Indiana funds the most here. DealRoom is not a lender.
- $391K typical loan
- 3 lenders active in Michigan
- 4+ funded Michigan deals
- 24 days typical to fund
Buyers buying a flooring contractors 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: