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Beer, Wine, and Liquor Retailers: SBA acquisition loans in Michigan
49 SBA-financed business acquisitions in Michigan classified as Beer, Wine, and Liquor Retailers, FY2024–FY2026. Median loan $1.0M. See which lenders did them.
- Acquisitions financed
- 49
- Total approved
- $55.0M
- Median loan
- $1.0M
- Middle half of loans
- $755K to $1.4M
- Median starting rate
- 9.50%
- Median term
- 25 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | United FCU | 19 | 39% | $1.1M | $21.1M |
| 2 | First Internet Bank of Indiana | 7 | 14% | $785K | $5.1M |
| 3 | Byline Bank | 6 | 12% | $1.6M | $9.4M |
| 4 | Shoreham Bank | 4 | 8% | $1.1M | $4.7M |
| 5 | The Huntington National Bank | 4 | 8% | $750K | $2.3M |
| 6 | Milestone Bank | 3 | 6% | $860K | $2.6M |
| 7 | Centerstone SBA Lending, Inc. | 2 | 4% | $1.1M | $2.1M |
| 8 | Lake Michigan CU | 1 | 2% | $3.3M | $3.3M |
| 9 | Bank Michigan | 1 | 2% | $1.9M | $1.9M |
| 10 | Celtic Bank Corporation | 1 | 2% | $1.6M | $1.6M |
| 11 | TowneBank | 1 | 2% | $801K | $801K |
For comparison, the same industry nationwide: 704 loans, median $750K, median starting rate 9.50%. See Beer, Wine, and Liquor Retailers 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.