Finance & insurance lenders in Bay, MI
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
7 institutions have SBA 7(a) loans on record to this industry in Bay, MI, together $3.1M across 11 loans. 1st State Bank is the largest, with 35% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | 1st State Bank | 2 | $1.1M | 35.5% |
| 2 | The Huntington National Bank | 4 | $545K | 17.6% |
| 3 | Pathward National Association | 1 | $466K | 15.0% |
| 4 | Newtek Bank, National Association | 1 | $350K | 11.3% |
| 5 | CenTrust Bank, A Division of SmartBiz Bank National Association | 1 | $300K | 9.7% |
| 6 | Readycap Lending, LLC | 1 | $225K | 7.3% |
| 7 | Fifth Third Bank | 1 | $113K | 3.6% |
See finance & insurance lenders nationally
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.