Acquisition Lender Index

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Janitorial Services: SBA acquisition loans in Michigan

6 SBA-financed business acquisitions in Michigan classified as Janitorial Services, FY2024–FY2026. Median loan $150K. See which lenders did them.

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

Acquisitions financed
6
Total approved
$1.1M
Median loan
$150K
Middle half of loans
$100K to $254K
Median starting rate
10.50%
Median term
10 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 6 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 Old National Bank 233%$246K$492K
2 The Huntington National Bank 233%$161K$322K
3 Newtek Bank, National Association 117%$200K$200K
4 Capital Bank, National Association 117%$100K$100K

For comparison, the same industry nationwide: 191 loans, median $366K, median starting rate 9.75%. See Janitorial Services in every state.

Deals by SBA fiscal year

FY20181 loans, $205K
FY20191 loans, $192K
FY20222 loans, $3.0M
FY20233 loans, $1.9M
FY20243 loans, $522K
FY20252 loans, $492K
FY20261 loans, $100K

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.