Lender intelligence
Financing a supermarkets and other grocery (except convenience) stores acquisition in Michigan
The SBA 7(a) lenders funding the most supermarkets and other grocery (except convenience) 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 supermarkets and other grocery (except convenience) stores · Michigan
Ranked by funded supermarkets and other grocery (except convenience) stores acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public supermarkets and other grocery (except convenience) stores loan history in Michigan to rank lenders yet. See supermarkets and other grocery (except convenience) stores lenders nationwide →
12+ funded Supermarkets and Other Grocery (except Convenience) 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.
- Hoagland Mesick Shop & Save LLC in Tustin, MI — $990K (2022) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $743K (75%)
- Approval → funding
- 15 days
- Approved
- 12/15/2021
- First disbursed
- 12/30/2021
- Loan status
- Paid in full (10/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $110K
- Est. cash at closing
- $151K
- Monthly payment
- $7,958
- Annual debt service
- $96K
- Cash flow needed (1.25×)
- $119K
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 Byline Bank · Lender record →
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- BIGTOP WYOMING INC in Wyoming, MI — $3.5M (2021) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.6M (75%)
- Approved
- 9/30/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 62
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $3.8M
- Est. down payment (10%)
- $384K
- Est. cash at closing
- $530K
- Monthly payment
- $20,697
- Annual debt service
- $248K
- Cash flow needed (1.25×)
- $310K
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 GBank · Lender record →
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- JDA Development LLC in Grand Blanc, MI — $1.7M (2021) · purchase · BankUnited, National Association
- Program
- 7a General
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 76 days
- Approved
- 11/17/2020
- First disbursed
- 2/1/2021
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 44
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $186K
- Est. cash at closing
- $256K
- Monthly payment
- $10,037
- Annual debt service
- $120K
- Cash flow needed (1.25×)
- $151K
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 BankUnited, National Association · Lender record →
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- ATW Liquor & Food, Inc. in Detroit, MI — $1.5M (2021) · purchase · IncredibleBank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.4M (90%)
- Approval → funding
- 16 days
- Approved
- 2/12/2021
- First disbursed
- 2/28/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $1.7M
- Est. down payment (10%)
- $168K
- Est. cash at closing
- $230K
- Monthly payment
- $8,816
- Annual debt service
- $106K
- Cash flow needed (1.25×)
- $132K
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 IncredibleBank · Lender record →
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- Vargas Enterprises 3 Inc. in Weidman, MI — $1.1M (2021) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 256 months
- SBA guaranteed
- $1.0M (90%)
- Approval → funding
- 9 days
- Approved
- 9/21/2021
- First disbursed
- 9/30/2021
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 46
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $1.3M
- Est. down payment (10%)
- $127K
- Est. cash at closing
- $174K
- Monthly payment
- $7,905
- Annual debt service
- $95K
- Cash flow needed (1.25×)
- $119K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
- G.I.J.O., LLC in Holland, MI — $991K (2021) · purchase · Fifth Third Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $892K (90%)
- Approval → funding
- 48 days
- Approved
- 8/11/2021
- First disbursed
- 9/28/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $110K
- Est. cash at closing
- $151K
- Monthly payment
- $5,650
- Annual debt service
- $68K
- Cash flow needed (1.25×)
- $85K
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 Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
- Piggywiggy LLC in Detroit, MI — $499K (2021) · purchase · Credit Union One
- Program
- 7a General
- Rate at approval
- 4.5% variable
- Term
- 192 mo (16 yrs)
- SBA guaranteed
- $449K (90%)
- Approval → funding
- 105 days
- Approved
- 5/18/2021
- First disbursed
- 8/31/2021
- Loan status
- Paid in full (10/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $554K
- Est. down payment (10%)
- $55K
- Est. cash at closing
- $74K
- Monthly payment
- $3,651
- Annual debt service
- $44K
- Cash flow needed (1.25×)
- $55K
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 Credit Union One
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- Copemish HWY Market LLC in Copemish, MI — $374K (2021) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.5% variable
- Term
- 195 months
- SBA guaranteed
- $187K (50%)
- Approved
- 3/10/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $415K
- Est. down payment (10%)
- $42K
- Est. cash at closing
- $56K
- Monthly payment
- $2,704
- Annual debt service
- $32K
- 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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- LSS Investments LLC in Eastport, MI — $2.4M (2020) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 38 days
- Approved
- 10/23/2019
- First disbursed
- 11/30/2019
- Loan status
- Paid in full (6/30/2025)
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 27
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $2.7M
- Est. down payment (10%)
- $266K
- Est. cash at closing
- $367K
- Monthly payment
- $17,311
- Annual debt service
- $208K
- Cash flow needed (1.25×)
- $260K
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
- Zain Holdings LLC in Dearborn, MI — $1.7M (2020) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 2 days
- Approved
- 12/10/2019
- First disbursed
- 12/12/2019
- Loan status
- Paid in full (12/31/2022)
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $184K
- Est. cash at closing
- $252K
- Monthly payment
- $12,216
- Annual debt service
- $147K
- Cash flow needed (1.25×)
- $183K
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
- Country Corner Market and Deli LLC in Mount Pleasant, MI — $614K (2020) · purchase · First Business Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 193 months
- SBA guaranteed
- $461K (75%)
- Approval → funding
- 51 days
- Approved
- 3/10/2020
- First disbursed
- 4/30/2020
- Loan status
- Paid in full (12/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $682K
- Est. down payment (10%)
- $68K
- Est. cash at closing
- $91K
- Monthly payment
- $5,486
- Annual debt service
- $66K
- Cash flow needed (1.25×)
- $82K
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 Business Bank · Lender record →
Your business? Claim this record · Request removal
- Mahant Swamiji, LLC in Dearborn Heights, MI — $550K (2020) · purchase · IncredibleBank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 75 months
- SBA guaranteed
- $413K (75%)
- Approval → funding
- 29 days
- Approved
- 9/1/2020
- First disbursed
- 9/30/2020
- Loan status
- Paid in full (2/28/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $611K
- Est. down payment (10%)
- $61K
- Est. cash at closing
- $82K
- Monthly payment
- $8,812
- Annual debt service
- $106K
- Cash flow needed (1.25×)
- $132K
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 IncredibleBank · 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 supermarkets and other grocery (except convenience) stores businesses with a Michigan project address.
Agent summary
How to finance a supermarkets and other grocery (except convenience) 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.
- $1.0M typical loan
- 8 lenders active in Michigan
- 12+ funded Michigan deals
- 38 days typical to fund
Buyers buying a supermarkets and other grocery (except convenience) 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.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.