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Financing a pharmacies and drug stores acquisition in Michigan
The SBA 7(a) lenders funding the most pharmacies and drug stores 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 stores · Michigan
Ranked by funded pharmacies and drug stores acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public pharmacies and drug stores loan history in Michigan to rank lenders yet. See pharmacies and drug stores lenders nationwide →
9+ funded Pharmacies and Drug Stores 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.
- Farmington Drugs, LLC in Livonia, MI — $2.9M (2022) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.2M (75%)
- Approval → funding
- 17 days
- Approved
- 3/11/2022
- First disbursed
- 3/28/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 25
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Stores
If you were the buyer here
- Est. deal size
- $3.2M
- Est. down payment (10%)
- $323K
- Est. cash at closing
- $446K
- Monthly payment
- $31,168
- Annual debt service
- $374K
- Cash flow needed (1.25×)
- $468K
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 →
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- Vapsec, LLC in Washington, MI — $315K (2022) · purchase · University Bank
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $236K (75%)
- Approval → funding
- 96 days
- Approved
- 10/14/2021
- First disbursed
- 1/18/2022
- Loan status
- Paid in full (10/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Stores
If you were the buyer here
- Est. deal size
- $350K
- Est. down payment (10%)
- $35K
- Est. cash at closing
- $47K
- Monthly payment
- $3,497
- Annual debt service
- $42K
- Cash flow needed (1.25×)
- $52K
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 →
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- Ardis Pharma LLC in Portage, MI — $1.8M (2021) · purchase · First Financial Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 156 mo (13 yrs)
- SBA guaranteed
- $1.7M (90%)
- Approval → funding
- 15 days
- Approved
- 9/15/2021
- First disbursed
- 9/30/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Stores
If you were the buyer here
- Est. deal size
- $2.0M
- Est. down payment (10%)
- $204K
- Est. cash at closing
- $281K
- Monthly payment
- $16,299
- Annual debt service
- $196K
- Cash flow needed (1.25×)
- $244K
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
- Northcare Fairway LLC in Eastpointe, MI — $1.5M (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 121 months
- SBA guaranteed
- $1.4M (90%)
- Approved
- 4/2/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Stores
If you were the buyer here
- Est. deal size
- $1.7M
- Est. down payment (10%)
- $167K
- Est. cash at closing
- $229K
- Monthly payment
- $16,178
- Annual debt service
- $194K
- Cash flow needed (1.25×)
- $243K
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
- TEMPERANCE APOTHECARY, LLC in Temperance, MI — $1.4M (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 156 mo (13 yrs)
- SBA guaranteed
- $1.3M (90%)
- Approval → funding
- 26 days
- Approved
- 8/5/2021
- First disbursed
- 8/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Stores
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $160K
- Est. cash at closing
- $220K
- Monthly payment
- $12,941
- 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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- HH Investment Holdings LLC in Lincoln Park, MI — $1.1M (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.0M (90%)
- Approval → funding
- 5 days
- Approved
- 3/26/2021
- First disbursed
- 3/31/2021
- Loan status
- Current
- 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 Stores
If you were the buyer here
- Est. deal size
- $1.3M
- Est. down payment (10%)
- $128K
- Est. cash at closing
- $175K
- Monthly payment
- $12,339
- Annual debt service
- $148K
- Cash flow needed (1.25×)
- $185K
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
- PharMax Drugs in Taylor, MI — $865K (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $779K (90%)
- Approval → funding
- 125 days
- Approved
- 6/23/2021
- First disbursed
- 10/26/2021
- Loan status
- Paid in full (9/30/2024)
- 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 Stores
If you were the buyer here
- Est. deal size
- $961K
- Est. down payment (10%)
- $96K
- Est. cash at closing
- $132K
- Monthly payment
- $9,281
- Annual debt service
- $111K
- Cash flow needed (1.25×)
- $139K
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
- Salud Pharmacy LLC in Detroit, MI — $852K (2020) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $639K (75%)
- Approval → funding
- 1 days
- Approved
- 4/16/2020
- First disbursed
- 4/17/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Stores
If you were the buyer here
- Est. deal size
- $947K
- Est. down payment (10%)
- $95K
- Est. cash at closing
- $130K
- Monthly payment
- $9,352
- Annual debt service
- $112K
- Cash flow needed (1.25×)
- $140K
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
- Basit Pharmacy LLC in Caro, MI — $450K (2020) · purchase · First Financial Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $338K (75%)
- Approval → funding
- 68 days
- Approved
- 4/23/2020
- First disbursed
- 6/30/2020
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Pharmacies and Drug Stores
If you were the buyer here
- Est. deal size
- $500K
- Est. down payment (10%)
- $50K
- Est. cash at closing
- $67K
- Monthly payment
- $4,940
- Annual debt service
- $59K
- Cash flow needed (1.25×)
- $74K
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
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to pharmacies and drug stores businesses with a Michigan project address.
Agent summary
How to finance a pharmacies and drug stores 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.
- $1000K typical loan
- 4 lenders active in Michigan
- 9+ funded Michigan deals
- 26 days typical to fund
Buyers buying a pharmacies and drug stores 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: