Lender intelligence
Financing a shoe retailers acquisition in Michigan
The SBA 7(a) lenders funding the most shoe 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 shoe retailers · Michigan
Ranked by funded shoe retailers acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
- 2.128 loans · $40M · Wilmington, DEFull record →
3+ funded Shoe 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.
- OCKELLEY, LLC in Grand Rapids, MI — $625K (2024) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% fixed
- Term
- 119 months
- SBA guaranteed
- $468K (75%)
- Approval → funding
- 8 days
- Approved
- 4/25/2024
- First disbursed
- 5/3/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- Shoe Retailers
If you were the buyer here
- Est. deal size
- $694K
- Est. down payment (10%)
- $69K
- Est. cash at closing
- $93K
- Monthly payment
- $7,784
- Annual debt service
- $93K
- Cash flow needed (1.25×)
- $117K
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 Old National Bank · Lender record →
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- DS FOOTWEAR FOOTCARE INC in Warren, MI — $234K (2024) · purchase · PNC Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 8.9% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $176K (75%)
- Approval → funding
- 3 days
- Approved
- 12/19/2023
- First disbursed
- 12/22/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Shoe Retailers
If you were the buyer here
- Est. deal size
- $260K
- Est. down payment (10%)
- $26K
- Est. cash at closing
- $35K
- Monthly payment
- $2,952
- Annual debt service
- $35K
- Cash flow needed (1.25×)
- $44K
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 PNC Bank, National Association · Lender record →
Your business? Claim this record · Request removal
- OCKELLEY, LLC in Grand Rapids, MI — $100K (2024) · purchase · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approved
- 4/25/2024
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- Shoe Retailers
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,294
- Annual debt service
- $16K
- 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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
Financing a shoe retailers 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 shoe retailers businesses with a Michigan project address.
Agent summary
How to finance a shoe 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. Old National Bank funds the most here. DealRoom is not a lender.
- $422K typical loan
- 2 lenders active in Michigan
- 3+ funded Michigan deals
- 8 days typical to fund
Buyers buying a shoe 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.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.