Acquisition Lender Index

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All Other Personal Services: SBA acquisition loans in Michigan

7 SBA-financed business acquisitions in Michigan classified as All Other Personal Services, FY2024–FY2026. Median loan $344K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
7
Total approved
$3.1M
Median loan
$344K
Middle half of loans
$166K to $510K
Median starting rate
9.25%
Median term
10 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 7 recorded approvals in FY2024–FY2026. For a broader comparison, open the Michigan state profile or the national industry profile.

Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 The Huntington National Bank 457%$197K$851K
2 Eaton Community Bank 114%$1.3M$1.3M
3 Isabella Bank 114%$614K$614K
4 Bank Michigan 114%$281K$281K

For comparison, the same industry nationwide: 183 loans, median $477K, median starting rate 9.50%. See All Other Personal Services in every state.

Deals by SBA fiscal year

FY20181 loans, $124K
FY20192 loans, $1.1M
FY20202 loans, $4.5M
FY20232 loans, $584K
FY20241 loans, $1.3M
FY20253 loans, $738K
FY20263 loans, $1.0M

Reading these numbers

The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.