Lender intelligence
Financing a used merchandise stores acquisition in Michigan
The SBA 7(a) lenders funding the most used merchandise 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 used merchandise stores · Michigan
Ranked by funded used merchandise stores acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public used merchandise stores loan history in Michigan to rank lenders yet. See used merchandise stores lenders nationwide →
1+ funded Used Merchandise 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.
- Lamb's Tail2, LLC in Armada, MI — $76K (2020) · purchase · Community Choice CU
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $38K (50%)
- Approval → funding
- 12 days
- Approved
- 12/19/2019
- First disbursed
- 12/31/2019
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Partnership
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Used Merchandise Stores
If you were the buyer here
- Est. deal size
- $84K
- Est. down payment (10%)
- $8K
- Est. cash at closing
- $11K
- Monthly payment
- $1,110
- Annual debt service
- $13K
- Cash flow needed (1.25×)
- $17K
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 Community Choice CU · Lender record →
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to used merchandise stores businesses with a Michigan project address.
Agent summary
How to finance a used merchandise 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.
- $343K typical loan
- 1 lenders active in Michigan
- 1+ funded Michigan deals
- 12 days typical to fund
Buyers buying a used merchandise 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.