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All Other Specialty Trade Contractors: SBA acquisition loans in Michigan
16 SBA-financed business acquisitions in Michigan classified as All Other Specialty Trade Contractors, FY2024–FY2026. Median loan $616K. See which lenders did them.
- Acquisitions financed
- 16
- Total approved
- $14.9M
- Median loan
- $616K
- Middle half of loans
- $140K to $1.2M
- Median starting rate
- 8.88%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 8 | 50% | $498K | $4.7M |
| 2 | Old National Bank | 3 | 19% | $500K | $2.7M |
| 3 | Byline Bank | 2 | 12% | $1.9M | $3.8M |
| 4 | The Bancorp Bank National Association | 1 | 6% | $2.8M | $2.8M |
| 5 | Fifth Third Bank | 1 | 6% | $733K | $733K |
| 6 | Mission Valley Bank | 1 | 6% | $244K | $244K |
For comparison, the same industry nationwide: 475 loans, median $710K, median starting rate 9.50%. See All Other Specialty Trade Contractors in every state.
Deals by SBA fiscal year
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.