SBA 7(a) lenders in Dickinson, MI
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
21 institutions have SBA 7(a) loans on record in Dickinson, together $51.6M across 88 loans. Great North Bank is the largest, with 25% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Great North Bank | 24 | $13.0M | 25.2% | 5.62% |
| 2 | First National Bank & Trust Co | 17 | $11.4M | 22.0% | 10.57% |
| 3 | Nicolet National Bank | 4 | $6.1M | 11.7% | 0.32% |
| 4 | UMB Bank, National Association | 5 | $5.3M | 10.3% | 0.00% |
| 5 | North Valley Bank | 2 | $3.1M | 6.0% | 0.00% |
| 6 | Range Bank | 3 | $2.3M | 4.4% | 19.72% |
| 7 | IncredibleBank | 8 | $1.9M | 3.8% | 11.48% |
| 8 | Fifth Third Bank | 1 | $1.6M | 3.0% | 124.87% |
| 9 | Zeal Credit Union | 1 | $1.5M | 2.9% | 0.00% |
| 10 | Gulf Coast Bank and Trust Company | 1 | $955K | 1.8% | 0.00% |
| 11 | Upper Peninsula State Bank | 4 | $885K | 1.7% | 11.96% |
| 12 | Live Oak Banking Company | 1 | $875K | 1.7% | 0.00% |
| 13 | Celtic Bank Corporation | 1 | $850K | 1.6% | 0.00% |
| 14 | Bank of Ann Arbor | 3 | $509K | 1.0% | 0.00% |
| 15 | The Stephenson National Bank and Trust | 3 | $440K | 0.9% | 0.00% |
| 16 | Newtek Bank, National Association | 1 | $375K | 0.7% | 0.00% |
| 17 | JPMorgan Chase Bank, National Association | 1 | $225K | 0.4% | 0.00% |
| 18 | BayFirst National Bank | 1 | $150K | 0.3% | 0.00% |
| 19 | Northern Great Lakes Initiatives | 1 | $114K | 0.2% | 0.00% |
| 20 | Wells Fargo Bank National Association | 2 | $81K | 0.2% | 0.00% |
| 21 | The Huntington National Bank | 4 | $73K | 0.1% | 0.00% |
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 | Agriculture, forestry & fishing | 8 | $10.7M | 20.8% |
| 2 | Wholesale trade | 7 | $9.5M | 18.4% |
| 3 | Accommodation & food services | 13 | $5.2M | 10.2% |
| 4 | Construction | 11 | $4.6M | 8.8% |
| 5 | Other services | 8 | $4.0M | 7.7% |
| 6 | Retail trade | 6 | $3.5M | 6.9% |
| 7 | Transportation & warehousing | 8 | $3.4M | 6.5% |
| 8 | Retail trade | 7 | $2.7M | 5.3% |
| 9 | Arts, entertainment & recreation | 3 | $2.2M | 4.2% |
| 10 | Professional & technical services | 5 | $1.7M | 3.3% |
| 11 | Manufacturing | 2 | $1.5M | 3.0% |
| 12 | Health care & social assistance | 3 | $750K | 1.5% |
| 13 | Manufacturing | 2 | $540K | 1.0% |
| 14 | Manufacturing | 3 | $506K | 1.0% |
| 15 | Administrative & waste services | 1 | $423K | 0.8% |
| 16 | Real estate & leasing | 1 | $330K | 0.6% |
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.