Acquisition Lender Index

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Pet Care (except Veterinary) Services: SBA acquisition loans in Michigan

6 SBA-financed business acquisitions in Michigan classified as Pet Care (except Veterinary) Services, FY2024–FY2026. Median loan $672K. See which lenders did them.

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

Acquisitions financed
6
Total approved
$7.8M
Median loan
$672K
Middle half of loans
$324K to $1.0M
Median starting rate
9.05%
Median term
12 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 Live Oak Banking Company 117%$5.0M$5.0M
2 Banc of California 117%$1.0M$1.0M
3 Readycap Lending, LLC 117%$1.0M$1.0M
4 First Financial Bank 117%$345K$345K
5 Horizon Bank 117%$318K$318K
6 ChoiceOne Bank 117%$163K$163K

For comparison, the same industry nationwide: 215 loans, median $567K, median starting rate 9.00%. See Pet Care (except Veterinary) Services in every state.

Deals by SBA fiscal year

FY20181 loans, $350K
FY20211 loans, $1.4M
FY20222 loans, $5.6M
FY20231 loans, $733K
FY20243 loans, $1.5M
FY20252 loans, $5.3M
FY20261 loans, $1.0M

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.