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:

All About Furniture, LLC

All About Furniture was formed in 2001 to supply furniture to off campus student housing concerns for the University of Michigan in Ann Arbor, MI.  Sanjay had previously worked as a sales person for an Ann Arbor area furniture retailer prior to starting All About Furniture where he identified a niche in the industry for student housing sales.  Services include design, sales, and installation of furniture to student houses and apartments. 

The SBA 504 Loan Program facilitated the company’s purchase of a building that allowed them to consolidate operations under one roof; and expand their marketing effort with a retail showroom and clearance center.  Prior to purchasing the building the company had the warehouse on the opposite side of town from the office and they had no room for displays. The business owner was not only able to take advantage of a favorable commercial real estate market to acquire the perfect location at a reasonable price, but he was able to do so with 10% down conserving his capital for inventory expansion to stock the new show room.  He is also greatly pleased with his very attractive, low, 20 year fixed interest rate and corresponding 20 year note for the SBA portion of the loan.  Financing concerns are now put to rest and Sanjay can concentrate on running his business.  For additional information on how Michigan Certified Development Corporation can help fund your business, please visit, Michigan’s #1 SBA Lending Partner!

All Smiles Family Dentistry

For a small business it’s imperative to have a good location.  This was the concern of Dr. Perron; owner of All Smiles Family Dentistry.  Since 2001, he’s leased an office inside a larger professional building and felt hidden within the structure.   After doing some research he found the perfect building on a busy street in Elk Rapids to renovate and add new equipment.

All Smiles Family Dentistry provides general and cosmetic dentistry, dentures, and other related services such as cancer screenings, cleanings, x-rays, extractions, and tooth whitening.  By using the SBA 504 Loan Program offered by MCDC, Dr. Perron was able to create many smiles by creating new jobs in the Elk Rapids area. 

For more information on All Smiles Family Dentistry, 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!  

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Aman Hotels, LLC

Coldwater, Michigan
Total Project:
MCDC Loan Amount: $1,505,000
Lender: Consumers Credit Union, Darci Robinson
Job Impact: 16

American Gymnastics Institute, Inc.

American Gymnastics Institute, Inc. (AGI) began in 2002 by husband and wife team Lawrence and Linda Miller.  AGI provides gymnastics training for recreational and competitive athletes with a focus on new skills, safety and having fun.  All of the coaches are safety trained and certified through USA Gymnastics. 

This project involves the purchase and addition of an existing building in Chesterfield Township.  AGI had been leasing their building since inception, and was able to purchase it with the help of Michigan Schools & Government Credit Union and the MCDC SBA 504 Loan Program.  After the addition, there will be rooms for dancing, hosting birthday parties and other events.  By taking advantage of the SBA 504 Loan Program, Lawrence and Linda obtained low rate financing with only 10% down.

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

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American Recycling

American Recycling Center, Inc. (ARC) has been in business since 1993 and is owned 100% by Larry Fisher, Jr.  ARC is a "clean" rubber recycler (no tire rubber) that provides premium rubber products for various surfacing operations such as athletic fields and playgrounds.  ARC is diversifying their operations by entering the wood pellet manufacturing business.  The manufacturing and sale of wood pellets is the fastest growing biomass fuel industry in the world.  This SBA loan was used to finance new equipment to produce wood pellets. 

Low rate financing and a fixed rate loan are benefits that Larry received from partnering with the MCDC.