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Boat Works, Inc.

Boat Works, Inc.

Danny Walker, Jr.
St. Clair Shores, Michigan

Boat Works, Inc. a Sports Bar/Restaurant in St. Clair Shores has been in business for more than 25 years. Danny Walker purchased the bar back in the 1980's and now, Danny's son, Danny Walker, Jr. has taken over the business. He started as a prep cook, learned bartending and worked his way up to manager overseeing all operations. Danny Jr. purchased the business and real estate using financing provided by his Credit Union and the SBA 504 program. By teaming up with Michigan Certified Development Corporation and the SBA 504 Loan Program, Danny Jr. was able to secure his real estate transaction at an attractive rate for 20 years.


Total Project Amount: 
$286,000
Date of Loan(s): 
11/2009
MCDC Loan Amount: 
$104,000
Lender: 
Michigan Schools & Government CU
Job Impact: 
14

Financing Provided & Structured Through: Michigan Certified Development and US Small Business Administration

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