Lender intelligence
Financing a pharmacies and drug retailers acquisition in Michigan
The SBA 7(a) lenders funding the most pharmacies and drug 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 pharmacies and drug retailers · Michigan
Ranked by funded pharmacies and drug retailers 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 →
- 2.66 loans · $68M · Milford, IAFull record →
- 3.19 loans · $5M · Bessemer, ALFull record →
- 4.10 loans · $3M · Traverse City, MIFull record →
7+ funded Pharmacies and Drug 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.
- GRAND VALUE RX LLC in Detroit, MI — $1.6M (2026) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 156 mo (13 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approved
- 1/9/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Retailers
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $178K
- Est. cash at closing
- $244K
- Monthly payment
- $17,206
- Annual debt service
- $206K
- Cash flow needed (1.25×)
- $258K
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
- KWONWOO PHARMACY L.L.C. in Holland, MI — $1.4M (2026) · purchase · First Financial Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 204 mo (17 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approved
- 2/19/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Retailers
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $152K
- Est. cash at closing
- $209K
- Monthly payment
- $12,926
- Annual debt service
- $155K
- Cash flow needed (1.25×)
- $194K
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 Financial Bank · Lender record →
Your business? Claim this record · Request removal
- Arfstrom Pharmacies, Inc. in Sault Sainte Marie, MI — $1.7M (2023) · purchase · 4Front Credit Union
- Program
- 7a General
- Rate at approval
- 8% fixed
- Term
- 144 mo (12 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 26 days
- Approved
- 12/23/2022
- First disbursed
- 1/18/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 33
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Retailers
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $185K
- Est. cash at closing
- $255K
- Monthly payment
- $18,068
- Annual debt service
- $217K
- Cash flow needed (1.25×)
- $271K
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 4Front Credit Union · Lender record →
Your business? Claim this record · Request removal
- FAIRWAY DRUGS, INC. in Eastpointe, MI — $1.6M (2023) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approved
- 1/11/2023
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Retailers
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $183K
- Est. cash at closing
- $252K
- Monthly payment
- $17,230
- Annual debt service
- $207K
- Cash flow needed (1.25×)
- $258K
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
- Red Cap Pharmacy 001, LLC in Jackson, MI — $485K (2023) · purchase · United Community Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 119 months
- SBA guaranteed
- $364K (75%)
- Approval → funding
- 9 days
- Approved
- 12/21/2022
- First disbursed
- 12/30/2022
- Loan status
- Paid in full (2/28/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Retailers
If you were the buyer here
- Est. deal size
- $539K
- Est. down payment (10%)
- $54K
- Est. cash at closing
- $72K
- Monthly payment
- $6,176
- Annual debt service
- $74K
- Cash flow needed (1.25×)
- $93K
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 Community Bank · Lender record →
Your business? Claim this record · Request removal
- Red Cap Pharmacy 001, LLC in Jackson, MI — $100K (2023) · purchase · United Community Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approved
- 12/21/2022
- Loan status
- Cancelled
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Retailers
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,267
- 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 United Community Bank · Lender record →
Your business? Claim this record · Request removal
- WAASI, LLC in Webberville, MI — $500K (2022) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.81% variable
- Term
- 119 months
- SBA guaranteed
- $375K (75%)
- Approval → funding
- 73 days
- Approved
- 5/31/2022
- First disbursed
- 8/12/2022
- Loan status
- Paid in full (8/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Retailers
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $5,538
- Annual debt service
- $66K
- Cash flow needed (1.25×)
- $83K
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
Financing a pharmacies and drug retailers deal in Michigan? Start with the right lender
We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to pharmacies and drug retailers businesses with a Michigan project address.
Agent summary
How to finance a pharmacies and drug 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. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $894K typical loan
- 4 lenders active in Michigan
- 7+ funded Michigan deals
- 26 days typical to fund
Buyers buying a pharmacies and drug 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.