Lender intelligence
Financing a plumbing and heating equipment and supplies (hydronics) merc acquisition in Michigan
The SBA 7(a) lenders funding the most plumbing and heating equipment and supplies (hydronics) merc 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 plumbing and heating equipment and supplies (hydronics) merc · Michigan
Ranked by funded plumbing and heating equipment and supplies (hydronics) merc acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.104 loans · $100M · Portsmouth, VAFull record →
2+ funded Plumbing and Heating Equipment and Supplies (Hydronics) Merc 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.
- Water View Investments LLC in Portage, MI — $952K (2024) · purchase · TowneBank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $714K (75%)
- Approval → funding
- 13 days
- Approved
- 3/21/2024
- First disbursed
- 4/3/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Plumbing and Heating Equipment and Supplies (Hydronics) Merc
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $106K
- Est. cash at closing
- $145K
- Monthly payment
- $12,846
- Annual debt service
- $154K
- Cash flow needed (1.25×)
- $193K
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 TowneBank · Lender record →
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- Platinum Crane Enterprises Inc. in Kalamazoo, MI — $173K (2023) · purchase · First National Bank of Michigan
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $129K (75%)
- Approved
- 10/17/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Plumbing and Heating Equipment and Supplies (Hydronics) Merc
If you were the buyer here
- Est. deal size
- $192K
- Est. down payment (10%)
- $19K
- Est. cash at closing
- $26K
- Monthly payment
- $2,712
- Annual debt service
- $33K
- Cash flow needed (1.25×)
- $41K
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 National Bank of Michigan
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Financing a plumbing and heating equipment and supplies (hydronics) merc 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 plumbing and heating equipment and supplies (hydronics) merc businesses with a Michigan project address.
Agent summary
How to finance a plumbing and heating equipment and supplies (hydronics) merc 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. TowneBank funds the most here. DealRoom is not a lender.
- $1.2M typical loan
- 2 lenders active in Michigan
- 2+ funded Michigan deals
- 13 days typical to fund
Buyers buying a plumbing and heating equipment and supplies (hydronics) merc 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.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.