SBA 7(a) lenders in MI

Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.

365 institutions have SBA 7(a) loans on record in MI, together $12.88B across 39,460 loans.

Shaded by rank among this state's counties, on total approvals.lessmore

Hover a county for its totals, click to open it.

Largest lenders

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	The Huntington National Bank	19,640	$3.55B	27.6%	2.01%
2	Fifth Third Bank	2,020	$901.4M	7.0%	1.45%
3	Live Oak Banking Company	480	$622.0M	4.8%	1.34%
4	ChoiceOne Bank	806	$424.1M	3.3%	0.31%
5	JPMorgan Chase Bank, National Association	2,077	$340.3M	2.6%	2.27%
6	Old National Bank	442	$333.3M	2.6%	1.33%
7	Byline Bank	216	$232.0M	1.8%	4.10%
8	First Internet Bank of Indiana	160	$215.7M	1.7%	0.00%
9	First Merchants Bank	423	$212.7M	1.7%	2.13%
10	Bank of Ann Arbor	389	$209.2M	1.6%	1.32%
11	Independent Bank	362	$197.8M	1.5%	0.29%
12	Celtic Bank Corporation	372	$186.6M	1.4%	1.26%
13	Lender 2057189	233	$162.7M	1.3%	2.75%
14	Horizon Bank	502	$161.7M	1.3%	0.10%
15	Oxford Bank	266	$155.1M	1.2%	0.00%
16	Shoreham Bank	68	$152.6M	1.2%	1.92%
17	PNC Bank, National Association	741	$149.3M	1.2%	2.08%
18	KeyBank National Association	359	$148.6M	1.2%	1.79%
19	Nicolet National Bank	231	$143.0M	1.1%	1.07%
20	Newtek Bank, National Association	325	$135.7M	1.1%	0.00%
21	Wells Fargo Bank National Association	267	$132.0M	1.0%	4.96%
22	Citizens Bank, National Association	762	$128.1M	1.0%	2.19%
23	Readycap Lending, LLC	247	$94.8M	0.7%	3.63%
24	GBank	33	$93.1M	0.7%	0.00%
25	United Midwest Savings Bank National Association	235	$91.5M	0.7%	2.25%
26	Credit Union One	211	$83.1M	0.6%	0.60%
27	Lender 2582371	50	$78.2M	0.6%	0.00%
28	Bank Michigan	106	$71.6M	0.6%	0.67%
29	Bank of America, National Association	169	$68.4M	0.5%	0.27%
30	BankUnited, National Association	75	$67.1M	0.5%	1.21%
31	United FCU	109	$66.6M	0.5%	0.08%
32	Northeast Bank	361	$60.2M	0.5%	4.09%
33	IncredibleBank	113	$59.4M	0.5%	1.69%
34	First State Bank	122	$57.1M	0.4%	0.10%
35	West Shore Bank	95	$56.9M	0.4%	0.00%
36	Lake Michigan CU	57	$56.2M	0.4%	0.00%
37	Capitol National Bank	120	$53.6M	0.4%	3.10%
38	4Front Credit Union	238	$53.0M	0.4%	0.42%
39	BayFirst National Bank	276	$51.6M	0.4%	14.01%
40	Bank Five Nine	43	$51.4M	0.4%	0.00%
41	Chelsea State Bank	86	$51.3M	0.4%	0.75%
42	Superior National Bank	61	$47.8M	0.4%	6.09%
43	Pathward National Association	41	$47.6M	0.4%	0.78%
44	Mercantile Bank	184	$46.9M	0.4%	2.03%
45	1st State Bank	137	$46.8M	0.4%	0.59%
46	First National Bank of Michigan	114	$44.7M	0.3%	1.44%
47	County National Bank	116	$43.1M	0.3%	1.63%
48	The Dart Bank	50	$42.1M	0.3%	0.99%
49	Banc of California	44	$41.9M	0.3%	9.49%
50	Stearns Bank National Association	90	$41.8M	0.3%	2.17%
51	Community Choice CU	103	$41.7M	0.3%	0.23%
52	Waterford Bank, National Association	42	$41.6M	0.3%	0.00%
53	Southern Michigan Bank & Trust	61	$40.5M	0.3%	0.00%
54	1st Source Bank	230	$38.4M	0.3%	0.85%
55	Kellogg Community CU	86	$38.3M	0.3%	0.93%
56	Columbia Bank	48	$36.2M	0.3%	0.85%
57	The Bancorp Bank National Association	41	$35.9M	0.3%	0.00%
58	Everwise Credit Union	22	$35.7M	0.3%	0.00%
59	Lake Trust CU	103	$35.1M	0.3%	0.23%
60	Highpoint Community Bank	125	$32.3M	0.3%	0.00%
61	First National Bank of Pennsylvania	37	$31.9M	0.2%	5.31%
62	Honor Bank	172	$31.0M	0.2%	0.27%
63	Genisys CU	46	$29.0M	0.2%	0.17%
64	First Utah Bank	7	$28.9M	0.2%	0.00%
65	United Bank of Michigan	48	$28.3M	0.2%	2.85%
66	U.S. Bank, National Association	67	$28.1M	0.2%	1.95%
67	First-Citizens Bank & Trust Company	21	$27.8M	0.2%	1.51%
68	Capital Bank, National Association	21	$27.0M	0.2%	0.00%
69	Isabella Bank	51	$26.6M	0.2%	0.37%
70	Macatawa Bank, National Association	60	$25.6M	0.2%	0.30%
71	TowneBank	31	$25.4M	0.2%	0.00%
72	Harvest Small Business Finance, LLC	30	$24.4M	0.2%	0.00%
73	Commercial Bank	73	$24.0M	0.2%	2.60%
74	University Bank	53	$23.9M	0.2%	0.00%
75	Flagstar Bank National Association	105	$23.0M	0.2%	0.00%
76	Citizens Bank	40	$22.8M	0.2%	2.39%
77	Pima FCU	7	$22.6M	0.2%	0.00%
78	United Community Bank	30	$22.0M	0.2%	0.45%
79	Michigan State University Federal Credit Union	122	$21.5M	0.2%	0.81%
80	Happen Bank	20	$21.1M	0.2%	0.77%
81	Merchants Bank of Indiana	14	$20.6M	0.2%	0.00%
82	Northwest Bank	18	$20.1M	0.2%	0.00%
83	DFCU Financial	31	$20.1M	0.2%	0.00%
84	Millennium Bank	15	$20.1M	0.2%	0.00%
85	CIBC Bank USA	28	$19.5M	0.2%	0.00%
86	Colony Bank	33	$19.5M	0.2%	0.49%
87	Great North Bank	37	$18.6M	0.1%	4.09%
88	Legence Bank	22	$18.5M	0.1%	1.02%
89	Grand River Bank	50	$18.3M	0.1%	0.51%
90	First National Bank & Trust Co	44	$18.0M	0.1%	10.14%
91	Team One CU	43	$17.9M	0.1%	0.00%
92	First Bank	13	$17.8M	0.1%	0.00%
93	First Financial Bank	17	$17.6M	0.1%	0.00%
94	LAF CU	28	$17.6M	0.1%	0.00%
95	US Eagle FCU	6	$17.3M	0.1%	0.00%
96	Beacon Bank and Trust	15	$17.2M	0.1%	0.00%
97	Enterprise Bank & Trust	15	$17.1M	0.1%	0.00%
98	Citizens National Bank of Cheboygan	43	$15.3M	0.1%	1.00%
99	Eastern Michigan Bank	36	$14.6M	0.1%	1.95%
100	The Stephenson National Bank and Trust	39	$14.5M	0.1%	4.09%
101	Bank of Hope	21	$14.4M	0.1%	0.97%
102	Huron Valley State Bank	70	$14.3M	0.1%	1.61%
103	First Bank of the Lake	35	$14.2M	0.1%	2.45%
104	Gulf Coast Bank and Trust Company	17	$13.9M	0.1%	9.08%
105	Consumers Credit Union	34	$13.9M	0.1%	0.83%
106	Central Savings Bank	13	$13.7M	0.1%	4.15%
107	Evolve Bank and Trust	12	$13.4M	0.1%	16.32%
108	UMB Bank, National Association	11	$13.3M	0.1%	0.00%
109	PromiseOne Bank	8	$13.3M	0.1%	0.00%
110	Climate First Bank	7	$13.2M	0.1%	0.00%
111	CRF Small Business Loan Company, LLC	22	$13.1M	0.1%	0.00%
112	Centerstone SBA Lending, Inc.	11	$13.1M	0.1%	0.00%
113	Grasshopper Bank National Association	15	$12.6M	0.1%	0.00%
114	Sturgis Bank & Trust Company	15	$12.5M	0.1%	0.50%
115	Northern Great Lakes Initiatives	82	$12.4M	0.1%	4.45%
116	Northstar Bank	39	$12.2M	0.1%	2.22%
117	The MINT National Bank	8	$12.0M	0.1%	0.00%
118	Eaton Community Bank	25	$11.8M	0.1%	0.00%
119	Michigan Schools and Government Credit Union	40	$11.8M	0.1%	0.00%
120	1st Financial Bank USA	5	$11.7M	0.1%	0.00%
121	First Bank of Central Ohio	4	$11.5M	0.1%	0.00%
122	Milestone Bank	10	$11.2M	0.1%	0.00%
123	CASE CU	46	$10.9M	0.1%	0.00%
124	Genesis Bank	13	$10.9M	0.1%	0.00%
125	Arbor Financial Credit Union	27	$10.8M	0.1%	3.09%
126	Century Bank and Trust	34	$10.7M	0.1%	0.00%
127	Ameris Bank	14	$10.7M	0.1%	0.00%
128	Port 51 Lending LLC	8	$10.6M	0.1%	0.00%
129	Alliance Catholic CU	9	$10.5M	0.1%	0.00%
130	Huron Community Bank	36	$10.4M	0.1%	4.00%
131	MI Bank	21	$10.3M	0.1%	0.00%
132	Customers Bank	9	$10.1M	0.1%	0.00%
133	Range Bank	14	$10.0M	0.1%	4.54%
134	Stone Bank	14	$9.8M	0.1%	0.00%
135	Hanmi Bank	9	$9.6M	0.1%	0.00%
136	Honor CU	26	$9.3M	0.1%	2.23%
137	Farmers State Bank of Alto Pass, Illinois	4	$9.1M	0.1%	0.00%
138	Homestead Savings Bank	6	$9.0M	0.1%	0.00%
139	Zeal Credit Union	29	$9.0M	0.1%	0.00%
140	Dort Financial CU	31	$9.0M	0.1%	3.85%
141	SouthState Bank, National Association	9	$8.7M	0.1%	0.00%
142	Lendistry SBLC, LLC	38	$8.4M	0.1%	0.00%
143	First Financial Bank	24	$8.3M	0.1%	0.00%
144	Upper Peninsula State Bank	15	$8.2M	0.1%	1.29%
145	Midland States Bank	5	$8.1M	0.1%	0.00%
146	Royal Business Bank	2	$8.1M	0.1%	0.00%
147	Omni Community Credit Union	16	$8.1M	0.1%	0.00%
148	Wildfire Credit Union	31	$8.1M	0.1%	1.66%
149	FDIC - Community Bank & Trust-West Georgia	6	$7.8M	0.1%	0.00%
150	Lake-Osceola State Bank	13	$7.8M	0.1%	4.69%
151	Bankwell Bank	6	$7.7M	0.1%	0.00%
152	Heritage Bank Inc	13	$7.7M	0.1%	0.00%
153	Metro City Bank	2	$7.6M	0.1%	0.00%
154	CDC Small Business Finance Corp.	64	$7.5M	0.1%	19.25%
155	US Metro Bank	3	$7.4M	0.1%	0.00%
156	Five Star Bank	28	$7.4M	0.1%	1.33%
157	TBA CU	8	$7.4M	0.1%	0.00%
158	North State Bank	8	$7.3M	0.1%	0.00%
159	Union Bank	15	$7.2M	0.1%	0.00%
160	22nd State Bank, A Division of 22nd State Banking Company	3	$7.1M	0.1%	0.00%
161	WesBanco Bank, Inc.	19	$7.0M	0.1%	0.00%
162	CenTrust Bank, A Division of SmartBiz Bank National Association	25	$6.9M	0.1%	0.00%
163	Frankenmuth Credit Union	18	$6.8M	0.1%	0.00%
164	Simmons Bank	20	$6.8M	0.1%	13.92%
165	Hometown Bank	3	$6.8M	0.1%	0.00%
166	Open Bank	4	$6.7M	0.1%	0.00%
167	First American Bank	2	$6.7M	0.1%	0.00%
168	North Valley Bank	4	$6.6M	0.1%	0.00%
169	Commonwealth Business Bank	7	$6.5M	0.1%	0.00%
170	Popular Bank	25	$6.4M	0.1%	43.51%
171	Truliant FCU	4	$6.4M	0.0%	0.00%
172	TD Bank, National Association	5	$6.2M	0.0%	0.00%
173	Northwest FCU	3	$6.0M	0.0%	0.00%
174	Baybank	16	$6.0M	0.0%	0.11%
175	First Commonwealth Bank	7	$5.9M	0.0%	0.00%
176	Independence Bank	49	$5.9M	0.0%	33.34%
177	First State Bank of Michigan	2	$5.8M	0.0%	0.00%
178	TLC Community CU	4	$5.5M	0.0%	0.00%
179	Lake City Bank	11	$5.5M	0.0%	0.00%
180	Federal Deposit Insurance Corporation	11	$5.4M	0.0%	0.00%
181	Alden State Bank	21	$5.4M	0.0%	1.17%
182	FinWise Bank	5	$5.3M	0.0%	6.21%
183	Hinsdale Bank & Trust Company, National Association	4	$5.2M	0.0%	0.00%
184	Embers Credit Union	16	$5.2M	0.0%	0.61%
185	Pinnacle Bank	4	$5.1M	0.0%	0.00%
186	Fund-Ex Solutions Group, LLC	2	$5.1M	0.0%	0.00%
187	Cache Valley Bank	1	$5.0M	0.0%	0.00%
188	Peoples State Bank of Munising	1	$5.0M	0.0%	0.00%
189	Greater Nevada CU	1	$5.0M	0.0%	0.00%
190	The State Bank and Trust Company	10	$5.0M	0.0%	0.00%
191	Centier Bank	4	$4.8M	0.0%	49.17%
192	Mechanics and Farmers Bank	2	$4.6M	0.0%	0.00%
193	Christian Financial CU	18	$4.6M	0.0%	0.72%
194	VelocitySBA, LLC	167	$4.5M	0.0%	9.05%
195	Patriot Bank, National Association	3	$4.5M	0.0%	0.00%
196	First Community Bank	18	$4.4M	0.0%	2.69%
197	American Momentum Bank	5	$4.3M	0.0%	0.00%
198	CCFBank National Association	1	$4.3M	0.0%	0.00%
199	Mission Valley Bank	3	$4.0M	0.0%	0.00%
200	The Shelby State Bank	6	$3.9M	0.0%	0.00%

The 200 largest shown, of 365 lenders with a record here.

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

By county

Rank	County	Lenders	Loans	Approved
1	Oakland	185	6,678	$2.42B
2	Wayne	164	5,572	$1.80B
3	Macomb	126	4,448	$1.18B
4	Kent	124	4,264	$1.05B
5	Ottawa	78	1,620	$490.3M
6	Washtenaw	93	1,106	$457.8M
7	Genesee	88	1,327	$426.9M
8	Kalamazoo	85	862	$299.8M
9	Ingham	87	905	$299.5M
10	Livingston	72	736	$294.4M
11	Grand Traverse	61	895	$278.0M
12	Berrien	56	548	$195.8M
13	Muskegon	49	633	$194.0M
14	Saginaw	52	543	$192.8M
15	Calhoun	59	344	$176.1M
16	Monroe	57	469	$164.1M
17	Jackson	62	390	$153.0M
18	Saint Clair	49	508	$152.7M
19	Allegan	54	558	$129.6M
20	Eaton	54	289	$115.7M
21	Van Buren	43	248	$105.9M
22	Lenawee	37	293	$95.5M
23	Marquette	31	255	$91.5M
24	Bay	41	250	$74.1M
25	Shiawassee	34	209	$71.7M
26	Clinton	35	240	$70.1M
27	Midland	26	200	$67.1M
28	Lapeer	43	222	$66.1M
29	Leelanau	24	140	$62.7M
30	Otsego	20	144	$53.8M
31	Emmet	22	202	$53.2M
32	Delta	22	105	$52.8M
33	Dickinson	21	88	$51.6M
34	Montcalm	31	191	$51.3M
35	Chippewa	16	209	$48.9M
36	Barry	30	178	$47.5M
37	Antrim	22	125	$46.1M
38	Cheboygan	17	69	$45.8M
39	Cass	26	162	$44.6M
40	Isabella	29	79	$42.5M
41	Ionia	33	172	$41.9M
42	Branch	30	110	$41.4M
43	Saint Joseph	38	110	$40.2M
44	Hillsdale	17	96	$38.5M
45	Mason	19	81	$36.2M
46	Menominee	17	81	$34.8M
47	Tuscola	19	76	$34.6M
48	Newaygo	24	144	$34.4M
49	Houghton	16	66	$33.5M
50	Wexford	21	93	$31.8M
51	Charlevoix	20	181	$31.0M
52	Mecosta	20	89	$27.8M
53	Roscommon	16	78	$26.8M
54	Alpena	13	66	$25.2M
55	Huron	13	52	$23.9M
56	Sanilac	11	62	$23.4M
57	Gratiot	14	84	$21.7M
58	Crawford	12	70	$21.3M
59	Ogemaw	15	56	$21.1M
60	Manistee	14	64	$20.2M
61	Kalkaska	18	86	$20.2M
62	Iosco	16	63	$19.6M
63	Osceola	16	75	$19.5M
64	Mackinac	11	30	$19.0M
65	Oceana	12	119	$18.8M
66	Gladwin	10	47	$17.7M
67	Baraga	9	28	$16.8M
68	Benzie	18	99	$15.9M
69	Gogebic	13	50	$15.3M
70	Clare	13	64	$12.7M
71	Arenac	12	55	$12.6M
72	Missaukee	7	54	$12.4M
73	Luce	8	18	$12.3M
74	Keweenaw	5	17	$10.4M
75	Schoolcraft	7	16	$10.0M
76	Alger	8	21	$9.2M
77	Iron	9	31	$8.8M
78	Presque Isle	8	16	$8.3M
79	Oscoda	5	31	$6.7M
80	Montmorency	6	17	$5.2M
81	Ontonagon	8	12	$3.9M
82	Lake	6	17	$3.6M
83	Alcona	5	11	$2.7M

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.