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:

Mark D. Zahn, D.D.S., M.S., P.C.

Dr. Zahn has owned and operated Mark D. Zahn DDS MS PC since 2000. The practice specializes in periodontal disease treatment and implant dentistry. The treatments offered by Mark D. Zahn DDS MS PC for periodontal disease includes scaling & root planing and periodontal maintenance. Surgical options include pocket reduction, regeneration, soft tissue grafts, crown lengthening, socket preservation, sinus lifting, and ridge augmentation. Mark D. Zahn DDS MS PC also offers treatment for TMJ/TMD. The practice offers sedation dentistry, offering both laughing gas and oral sedation. Mark D. Zahn DDS MS PC is also equipped with state of the art digital x-ray technology.

The SBA 504 Loan was used for the purchase of commercial property located on Jackson Rd. in Ann Arbor, along with the purchase of equipment and to refinance existing debt. By using the SBA 504 Loan Program, Dr. Zahn was able to finance the property with only 10% down and he received a low 20–year fixed interest rate.

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

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Mark Four Cam, Inc.

Mark Four Cam specialized in manufacturing specialty molds for customers that do business in the injection mold manufacturing industry. Ed Gieche has owned and operated the business since 1991. Mark Four Cam does a majority of their business in the automotive industry but have recently ventured out into the medical industry, making molds that eventually are used in MRI equipment. Ed decided to purchase a larger building that is located directly behind the building he used to rent. With the real estate market being friendly to buyers at the time, Ed purchased the larger building and as a bonus, his monthly payment is lower than his previous rent! With KeyBank's help and MCDC's SBA 504 Loan Program, Mark Four Cam moved into their new building with a low down payment and below-market interest rates.

Mark P. Karchon DO, PC

Dr. Mark Karchon has operated a family medical practice for over 24 years and is well established in the community. His practice serves all ages from prenatal and new born care to geriatric medicine. He is affiliated with Detroit Medical Center (DMC) and Pontiac Orthopedic Hospital (POH). As a result of his growing business, Dr. Karchon needed more space and decided to purchase the 12,000 sq. ft. building where he was practicing. This new building doubles the treatment rooms to allow for growth and add another physician. By using the SBA 504 Loan Program and Citizens Bank, Dr. Karchon was able to obtain 90% financing at an attractive rate.

Mark's Watershed Tavern & Grill

This project involved the purchase of an existing restaurant in Haslett. Gus's Watershed Tavern & Grill (now known as Mark's Watershed Tavern & Grill) is a 2,827 s/f bar/restaurant that seats 115 people, plus 10 at the bar. Mark's is located on the corner of Marsh Road and Lake Lansing Road, near Lake Lansing. They offer casual dining with a variety of food items from burgers and sandwiches to filet mignon. Mark Fink purchased and operates Mark's Watershed with the support of his parents, Robert and Gayle Fink. The Fink family has owned and managed a local golf course and clubhouse in Perry (15 miles N/E of Haslett) for the last 19 years. Without the participation of the SBA 504 Loan Program, the Fink's would not have been able to purchase Gus's.

Maru Grand Rapids L.L.C.

Maru of Grand Rapids is a full service Japanese/sushi restaurant owned by Mr. Moohyun “Robert” Song.  Being well-established in Okemos with a loyal following, Mr. Song decided to branch out to Grand Rapids, which has become a local hot-spot.  Maru serves Japanese style food, including sushi and hibachi cuisine.  Believing in serving only the finest, freshest ingredients, they shop locally when possible and use organic produce and wild caught fish when available

Mr. Song decided to use the SBA 504 Loan Program to purchase a condo unit for his Grand Rapids restaurant with plans to enclose the unit with a three-season type of enclosure.  With help from the SBA 504 Loan Program offered by MCDC, Mr. Song was able to purchase and renovate his condo unit with only 10% down.

For more information on Maru Grand Rapids L.L.C. 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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