Lender intelligence
Financing a marinas acquisition in Michigan
The SBA 7(a) lenders funding the most marinas 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 marinas · Michigan
Ranked by funded marinas acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public marinas loan history in Michigan to rank lenders yet. See marinas lenders nationwide →
3+ funded Marinas 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.
- KLG Powersports Inc. in Boyne City, MI — $1.4M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 3.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.2M (90%)
- Approval → funding
- 4 days
- Approved
- 2/24/2021
- First disbursed
- 2/28/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- Marinas
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $153K
- Est. cash at closing
- $209K
- Monthly payment
- $7,056
- Annual debt service
- $85K
- Cash flow needed (1.25×)
- $106K
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
- KLG Powersports Inc. in Boyne City, MI — $488K (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 3.75% fixed
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $439K (90%)
- Approval → funding
- 4 days
- Approved
- 2/24/2021
- First disbursed
- 2/28/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- Marinas
If you were the buyer here
- Est. deal size
- $542K
- Est. down payment (10%)
- $54K
- Est. cash at closing
- $72K
- Monthly payment
- $8,923
- Annual debt service
- $107K
- Cash flow needed (1.25×)
- $134K
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
- KLG Powersports Inc. in Boyne City, MI — $300K (2021) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $225K (75%)
- Approval → funding
- 4 days
- Approved
- 2/24/2021
- First disbursed
- 2/28/2021
- Loan status
- Paid in full (2/28/2026)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- Marinas
If you were the buyer here
- Est. deal size
- $333K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $45K
- Monthly payment
- $3,073
- 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
Financing a marinas 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 marinas businesses with a Michigan project address.
Agent summary
How to finance a marinas 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. DealRoom is not a lender.
- $1.5M typical loan
- 1 lenders active in Michigan
- 3+ funded Michigan deals
- 4 days typical to fund
Buyers buying a marinas 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:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.