Main Street Registry

The Shoreline Center, LLC

Grand Haven, MI · Offices of Physicians (except Mental Health Specialists) · NAICS 621111

The Shoreline Center, LLC is located in Grand Haven, Michigan, and operates in the offices of physicians (except mental health specialists) industry. The company was financed with an SBA 7(a) loan for a change of ownership of $612,100, approved on March 4, 2026, through ChoiceOne Bank.

SBA 7(a) loan, change of ownership, approved Mar 4, 2026

$612,100 approvedLender: ChoiceOne Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$612,100
SBA-guaranteed amount
$459,075 (75% of the approval)
Lender
ChoiceOne Bank, Sparta, MI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
10 years (120 months)
Estimated maturity
March 4, 2036 (estimated, approval date plus term)
Estimated monthly payment
$7,508 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 20, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
39
Business type
Corporation
NAICS
621111, Offices of Physicians (except Mental Health Specialists)
Project location
Ottawa County, MI
SBA district office
Michigan District Office
Congressional district
MI-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 19% of acquisition loans in Offices of Physicians (except Mental Health Specialists) on this site.
  • Average acquisition loan in Offices of Physicians (except Mental Health Specialists): $1,706,191.
  • Average acquisition loan in Michigan: $1,645,728.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Michigan