Lender intelligence
Financing a sporting goods retailers acquisition in Michigan
The SBA 7(a) lenders funding the most sporting goods 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 sporting goods retailers · Michigan
Ranked by funded sporting goods retailers acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.15 loans · $4M · Waverly, NEFull record →
- 2.2,539 loans · $965M · Columbus, OHFull record →
- 3.5 loans · $1M · Saginaw, MIFull record →
- 4.72 loans · $30M · Oconomowoc, WIFull record →
- 5.24 loans · $22M · College Station, TXFull record →
9+ funded Sporting Goods 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.
- Alverson Little Forks, LLC in Midland, MI — $50K (2025) · purchase · 1st State Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approved
- 2/25/2025
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $56K
- Est. down payment (10%)
- $6K
- Est. cash at closing
- $7K
- Monthly payment
- $627
- Annual debt service
- $8K
- Cash flow needed (1.25×)
- $9K
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 1st State Bank · Lender record →
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- Up North Sport, LLC in Petoskey, MI — $2.0M (2024) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% fixed
- Term
- 192 mo (16 yrs)
- SBA guaranteed
- $1.5M (75%)
- Approval → funding
- 50 days
- Approved
- 8/7/2024
- First disbursed
- 9/26/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $2.2M
- Est. down payment (10%)
- $221K
- Est. cash at closing
- $304K
- Monthly payment
- $19,261
- Annual debt service
- $231K
- Cash flow needed (1.25×)
- $289K
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
- NATHANS WHEELHOUSE LLC in Grand Rapids, MI — $720K (2024) · purchase · Horizon Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% fixed
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $540K (75%)
- Approval → funding
- 27 days
- Approved
- 8/7/2024
- First disbursed
- 9/3/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $800K
- Est. down payment (10%)
- $80K
- Est. cash at closing
- $110K
- Monthly payment
- $6,135
- Annual debt service
- $74K
- Cash flow needed (1.25×)
- $92K
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 Horizon Bank · Lender record →
Your business? Claim this record · Request removal
- Lux Mundi Sports LLC in Traverse City, MI — $500K (2024) · purchase · Honor Bank
- Program
- 7a General
- Rate at approval
- 7.125% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $375K (75%)
- Approval → funding
- 27 days
- Approved
- 4/17/2024
- First disbursed
- 5/14/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $5,838
- Annual debt service
- $70K
- Cash flow needed (1.25×)
- $88K
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 Honor Bank
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- LUX MUNDI SPORTS LLC in Traverse City, MI — $150K (2024) · purchase · Honor Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.5% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $75K (50%)
- Approved
- 4/11/2024
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $2,529
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $38K
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 Honor Bank
Your business? Claim this record · Request removal
- DIVE ZONE LLC in Grand Rapids, MI — $110K (2024) · purchase · Bank Five Nine
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $94K (85%)
- Approval → funding
- 89 days
- Approved
- 3/2/2024
- First disbursed
- 5/30/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $122K
- Est. down payment (10%)
- $12K
- Est. cash at closing
- $16K
- Monthly payment
- $1,484
- Annual debt service
- $18K
- Cash flow needed (1.25×)
- $22K
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 Bank Five Nine · Lender record →
Your business? Claim this record · Request removal
- Up North Sport, LLC in Petoskey, MI — $50K (2024) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approved
- 8/7/2024
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $56K
- Est. down payment (10%)
- $6K
- Est. cash at closing
- $7K
- Monthly payment
- $668
- Annual debt service
- $8K
- Cash flow needed (1.25×)
- $10K
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
- NATHANS WHEELHOUSE LLC in Grand Rapids, MI — $50K (2024) · purchase · Horizon Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.5% variable
- Term
- 27 months
- SBA guaranteed
- $25K (50%)
- Approval → funding
- 29 days
- Approved
- 8/8/2024
- First disbursed
- 9/6/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $56K
- Est. down payment (10%)
- $6K
- Est. cash at closing
- $7K
- Monthly payment
- $2,064
- Annual debt service
- $25K
- Cash flow needed (1.25×)
- $31K
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 Horizon Bank · Lender record →
Your business? Claim this record · Request removal
- KIDEEDS INC. in Okemos, MI — $1.7M (2023) · purchase · American Momentum Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 6 days
- Approved
- 6/24/2023
- First disbursed
- 6/30/2023
- 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
- Sporting Goods Retailers
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $184K
- Est. cash at closing
- $254K
- Monthly payment
- $22,867
- Annual debt service
- $274K
- Cash flow needed (1.25×)
- $343K
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 American Momentum 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 sporting goods retailers businesses with a Michigan project address.
Agent summary
How to finance a sporting goods 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. Horizon Bank funds the most here. DealRoom is not a lender.
- $495K typical loan
- 6 lenders active in Michigan
- 9+ funded Michigan deals
- 29 days typical to fund
Buyers buying a sporting goods 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: