Michigan Maintenance Supply Company, LTD.
Michigan Maintenance Supply Company, LTD., located in Warren, Michigan, operates in the other miscellaneous nondurable goods merchant wholesalers industry (NAICS 424990). The business was financed with an SBA 7(a) loan for a change of ownership totaling $2,025,000, approved by The Bancorp Bank National Association with an approval date of July 13, 2026.
SBA 7(a) loan, change of ownership, approved Jul 13, 2026
$2,025,000 approvedLender: The Bancorp Bank National Association25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,025,000
- SBA-guaranteed amount
- $1,518,750 (75% of the approval)
- Lender
- The Bancorp Bank National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 13, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $14,965 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 424990, Other Miscellaneous Nondurable Goods Merchant Wholesalers
- Project location
- Macomb County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in Other Miscellaneous Nondurable Goods Merchant Wholesalers on this site.
- Average acquisition loan in Other Miscellaneous Nondurable Goods Merchant Wholesalers: $2,103,574.
- Average acquisition loan in Michigan: $1,645,728.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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