Funded Projects

The SBA 504 Loan Program provides healthy small and medium-sized businesses with long-term fixed rate financing for the acquisition or construction of fixed assets. Projects are financed through a unique public/private partnership that involves private lenders financing 50% of project costs, MCDC covering up to 40% of project costs, and small businesses investing at least 10% of project costs. By taking a secondary collateral position on project assets, SBA provides a “collateral cushion” for the primary lender and reduces the amount of equity normally required of the borrower.

Funded Projects

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4 Seasons Dry Cleaners

Bill Yim has been in the drycleaning business for approximately six years. He has operated two locations, one in Clinton Township and one in Harrison Township. Both of thse locations were leased locations. With the help of the MCDC and Northpoint Bank, Mr. Yim has been able to purchase his own building in Chesterfield Township. He will be relocating the Harrison Township location to this new building. By taking advantage of the SBA 504 Loan Program, Mr. Yim was able to obtain low rate fixed financing for the MCDC portion of his loan.

9 Bean Rows – Bakery and Cafe

New to Suttons Bay, 9 Bean Rows opened their doors in July, 2013. Previously located in Traverse City, the café has been a local favorite providing award winning bakery products since 2008.

9 Bean Rows owners, Jen and Nic Welty, have expanded their operations with the help of MCDC and First National Bank of America.  New Chef, Paul Carlson, has expanded the menu to now include a more diverse lunch and dinner menu.  The Welty’s also own a farm in Northport which provides food items directly to the new Café.

9 Bean Rows products can also be purchased at local farmers markets, through a CSA, or at their website

For more information on how Michigan Certified Development Corporation can help fund your business, please visit, Michigan’s #1 SBA Lending Partner!

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A&W Restaurant

Bill and Kim Strohkirch have owned and operated an A&W Restaurant in Standish since 1979. They also manage five Little Caesar's Pizza locations in the Midland area. Having such success and recognizing an opportunity, Bill and Kim constructed a new building and purchased new equipment for an A&W Restaurant in Midland. A&W features a menu of burgers, chicken sandwiches, Coney dog fries and onion rings. The signature item is a root beer float served on soft serve vanilla ice cream. YUMMY! With the help from MCDC and Citizens Bank this successful team was able to obtain a low fixed interest rate with only 10% down.

Aardema Whitelaw, PLLC

Aardema Whitelaw, PLLC markets itself as “intentionally small, with just a handful of the most gifted attorneys”.  Established in 2001, by Mr. Robert Aardema and Mr. Brian Whitelaw, the practice specializes in medical malpractice, legal counsel to physicians, and insurance defense needs, and indeed, with their combined experience and pedigrees, Mr. Aardema and Mr. Whitelaw help steer their practice as one of the most respected firms amongst its peers.

Following his BA degree at Kalamazoo College and law degree Wayne State University, Mr. Aardema passed the Michigan Bar in 1982 and specializes in litigation defense, automobile negligence, medical malpractice, and premises & product liability.  Mr. Whitelaw, following his BS at Michigan State University, earned his law degree at Detroit College of Law and passed the Michigan Bar in 1981.  He presently  devotes 100% of his time to medical malpractice defense litigation.  Additionally, both have been instructors, teaching classes and seminars.   Mr. Brian Whitelaw has received  numerous awards for published works, and was named a Michigan Super Lawyer in Medical Malpractice for 6 years in a row from 2007-2012.

When Aardema Whitelaw, PLLC sought to refinance, it needed to look no further than PNC Bank and the MCDC.   Aardema Whitelaw, PLLC is now benefitting from having locked in 40% of its refinance project into a no-balloon, 20-year, below-market-fixed-rate loan.  Additionally, this project met a key Public Policy goal for the SBA with the project being located in a defined Labor Surplus Area.

For more information on Aardema Whitelaw, PLLC, please visit, and for additional information on how Michigan Certified Development Corporation can help fund your business, please visit, Michigan’s #1 SBA Lending Partner!

Absolute Granite, LLC

Absolute Granite of Mt. Pleasant specializes in the fabrication and installation of fine granite countertops for upscale homes and businesses.  Absolute Granite’s work was featured on HGTV’s Showhouse Showdown, which is a testament to their quality of work and reputation.

Laura Yunker started at Absolute Granite as a secretary, but in 2002 she was approached by the owner to purchase the business.  Since then, Laura grew the business to a point where she was running out of space at her leased location.  By working with the SBA 504 Loan Program, Laura was able to purchase a much larger space that allows her business to be more efficient and effective.

For more information on Absolute Granite, LLC please visit and for additional information on how Michigan Certified Development Corporation can help fund your business, please visit, Michigan’s #1 SBA Lending Partner!