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.

Filter Projects:

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.

A-Z Storage at the Fork, LLC

A-Z Storage at the Fork, LLC
Paw Paw, Michigan
Total Project:
MCDC Loan Amount: $226,000
Lender: Lake City Bank, Patti McNarney
Job Impact: 1

A.R. Brouwer Company, L.L.C.

A.R. Brouwer Company, L.L.C.
Dexter, Michigan
Total Project:
MCDC Loan Amount:  677,000
Lender: Chelsea State Bank, Mary Lee Penney
Job Impact: 9

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!