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Engineering Services: SBA acquisition loans in Michigan
9 SBA-financed business acquisitions in Michigan classified as Engineering Services, FY2024–FY2026. Median loan $637K. See which lenders did them.
- Acquisitions financed
- 9
- Total approved
- $10.2M
- Median loan
- $637K
- Middle half of loans
- $200K to $2.5M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 9 recorded approvals in FY2024–FY2026. For a broader comparison, open the Michigan state profile or the national industry profile.
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 4 | 44% | $600K | $4.0M |
| 2 | First Financial Bank | 2 | 22% | $1.4M | $2.8M |
| 3 | Bank of Ann Arbor | 2 | 22% | $418K | $837K |
| 4 | Fifth Third Bank | 1 | 11% | $2.5M | $2.5M |
For comparison, the same industry nationwide: 113 loans, median $797K, median starting rate 9.25%. See Engineering Services 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.