Home MarketsMichigan Local market
Snack and Nonalcoholic Beverage Bars: SBA acquisition loans in Michigan
6 SBA-financed business acquisitions in Michigan classified as Snack and Nonalcoholic Beverage Bars, FY2024–FY2026. Median loan $270K. See which lenders did them.
- Acquisitions financed
- 6
- Total approved
- $5.4M
- Median loan
- $270K
- Middle half of loans
- $50K to $768K
- Median starting rate
- 9.12%
- Median term
- 18 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
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 4 | 67% | $270K | $1.4M |
| 2 | Fifth Third Bank | 1 | 17% | $3.9M | $3.9M |
| 3 | Newtek Bank, National Association | 1 | 17% | $50K | $50K |
For comparison, the same industry nationwide: 254 loans, median $361K, median starting rate 9.50%. See Snack and Nonalcoholic Beverage Bars 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.