Lender intelligence
Financing a sporting goods stores acquisition in Michigan
The SBA 7(a) lenders funding the most sporting goods 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 sporting goods stores · Michigan
Ranked by funded sporting goods stores acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public sporting goods stores loan history in Michigan to rank lenders yet. See sporting goods stores lenders nationwide →
4+ funded Sporting Goods 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.
- K&R Armory LLC in Bay City, MI — $640K (2022) · purchase · 1st State Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% fixed
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $480K (75%)
- Approved
- 3/15/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Sporting Goods Stores
If you were the buyer here
- Est. deal size
- $711K
- Est. down payment (10%)
- $71K
- Est. cash at closing
- $95K
- Monthly payment
- $12,299
- Annual debt service
- $148K
- Cash flow needed (1.25×)
- $184K
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 →
Your business? Claim this record · Request removal
- Big Tine, LLC in Traverse City, MI — $473K (2021) · purchase · 4Front Credit Union
- Program
- 7a General
- Rate at approval
- 5.25% variable
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $425K (90%)
- Approval → funding
- 13 days
- Approved
- 7/16/2021
- First disbursed
- 7/29/2021
- Loan status
- Delinquent
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Sporting Goods Stores
If you were the buyer here
- Est. deal size
- $525K
- Est. down payment (10%)
- $53K
- Est. cash at closing
- $70K
- Monthly payment
- $3,184
- Annual debt service
- $38K
- Cash flow needed (1.25×)
- $48K
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
- Schutter Bicycles LLC in Zeeland, MI — $118K (2020) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $59K (50%)
- Approval → funding
- 30 days
- Approved
- 10/31/2019
- First disbursed
- 11/30/2019
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Sporting Goods Stores
If you were the buyer here
- Est. deal size
- $131K
- Est. down payment (10%)
- $13K
- Est. cash at closing
- $17K
- Monthly payment
- $1,728
- Annual debt service
- $21K
- Cash flow needed (1.25×)
- $26K
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
- Schutter Bicycles LLC in Zeeland, MI — $25K (2020) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 94 months
- SBA guaranteed
- $13K (50%)
- Approval → funding
- 92 days
- Approved
- 10/31/2019
- First disbursed
- 1/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Sporting Goods Stores
If you were the buyer here
- Est. deal size
- $28K
- Est. down payment (10%)
- $3K
- Est. cash at closing
- $4K
- Monthly payment
- $334
- Annual debt service
- $4K
- Cash flow needed (1.25×)
- $5K
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
Financing a sporting goods stores 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 sporting goods stores businesses with a Michigan project address.
Agent summary
How to finance a sporting goods 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.
- $581K typical loan
- 3 lenders active in Michigan
- 4+ funded Michigan deals
- 30 days typical to fund
Buyers buying a sporting goods 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:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.