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Sporting Goods Retailers: SBA acquisition loans in Michigan
8 SBA-financed business acquisitions in Michigan classified as Sporting Goods Retailers, FY2024–FY2026. Median loan $130K. See which lenders did them.
- Acquisitions financed
- 8
- Total approved
- $3.6M
- Median loan
- $130K
- Middle half of loans
- $50K to $555K
- Median starting rate
- 9.12%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 8 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 | 2 | 25% | $1.0M | $2.0M |
| 2 | Horizon Bank | 2 | 25% | $385K | $770K |
| 3 | Honor Bank | 2 | 25% | $325K | $650K |
| 4 | Bank Five Nine | 1 | 12% | $110K | $110K |
| 5 | 1st State Bank | 1 | 12% | $50K | $50K |
For comparison, the same industry nationwide: 105 loans, median $400K, median starting rate 9.50%. See Sporting Goods Retailers 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.