Lender intelligence
Financing a hardware merchant wholesalers acquisition in Michigan
The SBA 7(a) lenders funding the most hardware merchant wholesalers 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 hardware merchant wholesalers · Michigan
Ranked by funded hardware merchant wholesalers acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.284 loans · $254M · Cincinnati, OHFull record →
3+ funded Hardware Merchant Wholesalers 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.
- Midwest Hardware Sales, LLC in Warren, MI — $2.2M (2025) · purchase · Fifth Third Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.7M (75%)
- Approval → funding
- 48 days
- Approved
- 10/15/2024
- First disbursed
- 12/2/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Hardware Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $2.5M
- Est. down payment (10%)
- $248K
- Est. cash at closing
- $342K
- Monthly payment
- $26,530
- Annual debt service
- $318K
- Cash flow needed (1.25×)
- $398K
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 →
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- ACME NUT & BOLT COMPANY, INC. in Detroit, MI — $274K (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $247K (90%)
- Approval → funding
- 9 days
- Approved
- 4/20/2021
- First disbursed
- 4/29/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Hardware Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $304K
- Est. down payment (10%)
- $30K
- Est. cash at closing
- $41K
- Monthly payment
- $3,042
- Annual debt service
- $37K
- Cash flow needed (1.25×)
- $46K
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
- HDI Enterprises Inc in Muskegon, MI — $446K (2020) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 69 months
- SBA guaranteed
- $334K (75%)
- Approval → funding
- 99 days
- Approved
- 4/23/2020
- First disbursed
- 7/31/2020
- Loan status
- Failed — $283K charged off (4/1/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Hardware Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $495K
- Est. down payment (10%)
- $50K
- Est. cash at closing
- $66K
- Monthly payment
- $7,598
- Annual debt service
- $91K
- Cash flow needed (1.25×)
- $114K
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
Financing a hardware merchant wholesalers 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 hardware merchant wholesalers businesses with a Michigan project address.
Agent summary
How to finance a hardware merchant wholesalers 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. Fifth Third Bank funds the most here. DealRoom is not a lender.
- $923K typical loan
- 2 lenders active in Michigan
- 3+ funded Michigan deals
- 48 days typical to fund
Buyers buying a hardware merchant wholesalers 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: