Home MarketsMichigan Local market
Industrial Supplies Merchant Wholesalers: SBA acquisition loans in Michigan
5 SBA-financed business acquisitions in Michigan classified as Industrial Supplies Merchant Wholesalers, FY2024–FY2026. Median loan $783K. See which lenders did them.
- Acquisitions financed
- 5
- Total approved
- $5.6M
- Median loan
- $783K
- Middle half of loans
- $150K to $1.6M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 5 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 | The Huntington National Bank | 4 | 80% | $466K | $2.6M |
| 2 | Fifth Third Bank | 1 | 20% | $2.9M | $2.9M |
For comparison, the same industry nationwide: 45 loans, median $1.1M, median starting rate 9.50%. See Industrial Supplies Merchant Wholesalers 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.