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

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!

Accurate Mortgage Solutions

TJ Lota founded Accurate Mortgage Solutions in 2004.  It's a residential mortgage brokerage firm with several sources of financing enabling them to find the best fit for their clients.  The business is generated primarily through referrals and his web site.  Mr. Lota is licensed in Michigan and Minnesota, and is in the process of becoming licensed in several other states. Please visit

TJ and his wife also own Bombay Fashions, the largest online retailer for Indian imitation jewelry and accessories.  They purchase inventory, mostly from Asian suppliers, and ship to purchasers worldwide.  With a large selection of cuffs, bracelets, bangles, earrings, necklaces, scarves, skirts, tunics, handbags, and more, Bombay Fashions boasts eclectic rare finds at affordable prices.  The Bella Collection and Bollywood Collection have been particularly popular with the stars and have garnered a lot of attention from major fashion and lifestyle magazines.

Mr. Lota was in need of warehouse space for Bombay Fashions due to its growth, and after a lengthy search found the perfect location in Canton, MI.  As an added benefit there is sufficient space to move the mortgage company to this location too.  With the help of his banker and the MCDC, TJ was able to successfully house his businesses at a very low cost due to the very attractive long term  fixed, low-rate financing afforded by the SBA Loan Program. For more additional information on how Michigan Certified Development Corporation can help fund your business, please visit, Michigan’s #1 SBA Lending Partner!