SBA 7(a) lenders in Delta, MI
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
23 institutions have SBA 7(a) loans on record in Delta, together $55.0M across 106 loans. Nicolet National Bank is the largest, with 16% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Nicolet National Bank | 16 | $8.6M | 15.5% | 0.81% |
| 2 | Upper Peninsula State Bank | 11 | $7.3M | 13.4% | 0.00% |
| 3 | Baybank | 15 | $5.7M | 10.4% | 0.12% |
| 4 | Peoples State Bank of Munising | 1 | $5.0M | 9.1% | 0.00% |
| 5 | The Stephenson National Bank and Trust | 4 | $4.1M | 7.4% | 0.00% |
| 6 | Byline Bank | 2 | $3.5M | 6.3% | 32.37% |
| 7 | The Huntington National Bank | 8 | $3.4M | 6.2% | 0.00% |
| 8 | Stearns Bank National Association | 1 | $3.1M | 5.7% | 0.00% |
| 9 | First Bank, Upper Michigan | 6 | $2.6M | 4.7% | 0.00% |
| 10 | Live Oak Banking Company | 1 | $2.2M | 4.0% | 0.00% |
| 11 | Independent Bank | 1 | $2.0M | 3.6% | 0.00% |
| 12 | Wells Fargo Bank National Association | 14 | $1.8M | 3.3% | 3.94% |
| 13 | Bank of Ann Arbor | 13 | $1.6M | 3.0% | 3.92% |
| 14 | The Miners State Bank | 1 | $875K | 1.6% | 0.00% |
| 15 | Bank of Hope | 1 | $840K | 1.5% | 0.00% |
| 16 | Millennium Bank | 1 | $647K | 1.2% | 0.00% |
| 17 | UMB Bank, National Association | 1 | $500K | 0.9% | 0.00% |
| 18 | Embers Credit Union | 2 | $420K | 0.8% | 0.00% |
| 19 | 4Front Credit Union | 1 | $280K | 0.5% | 0.00% |
| 20 | First National Bank & Trust Co | 2 | $170K | 0.3% | 0.00% |
| 21 | Northern Great Lakes Initiatives | 2 | $167K | 0.3% | 0.00% |
| 22 | Hiawatha National Bank | 1 | $119K | 0.2% | 0.00% |
| 23 | Capital One National Association | 1 | $50K | 0.1% | 94.37% |
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.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Accommodation & food services | 20 | $15.1M | 27.5% |
| 2 | Manufacturing | 9 | $9.3M | 17.0% |
| 3 | Retail trade | 21 | $9.0M | 16.3% |
| 4 | Other services | 8 | $7.7M | 14.0% |
| 5 | Arts, entertainment & recreation | 4 | $3.1M | 5.7% |
| 6 | Transportation & warehousing | 7 | $3.0M | 5.5% |
| 7 | Health care & social assistance | 4 | $1.1M | 2.0% |
| 8 | Agriculture, forestry & fishing | 2 | $1.1M | 1.9% |
| 9 | Administrative & waste services | 4 | $751K | 1.4% |
| 10 | Construction | 5 | $745K | 1.4% |
| 11 | Retail trade | 5 | $739K | 1.3% |
| 12 | Real estate & leasing | 1 | $720K | 1.3% |
| 13 | Wholesale trade | 2 | $680K | 1.2% |
| 14 | Manufacturing | 6 | $583K | 1.1% |
| 15 | Manufacturing | 2 | $565K | 1.0% |
| 16 | Information | 2 | $452K | 0.8% |
| 17 | Finance & insurance | 2 | $169K | 0.3% |
| 18 | Educational services | 1 | $67K | 0.1% |
| 19 | Professional & technical services | 1 | $50K | 0.1% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
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.