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SBA Lending DataEvery 7(a) lender, market and industry, from the SBA’s own public record. Free to use.

SBA 7(a) lenders in Grand Traverse, MI

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

61 institutions have SBA 7(a) loans on record in Grand Traverse, together $278.0M across 895 loans. The Huntington National Bank is the largest, with 31% of approvals.

Showing
Yearsto
RankLenderLoansApprovedShareLoss rate
1The Huntington National Bank378$87.4M31.4%0.68%
2Independent Bank104$25.9M9.3%0.00%
3Honor Bank111$24.7M8.9%0.05%
4Nicolet National Bank36$17.7M6.4%0.00%
5Bank of Ann Arbor29$14.6M5.2%0.00%
6Old National Bank8$13.9M5.0%0.00%
74Front Credit Union41$10.7M3.9%0.00%
8Celtic Bank Corporation8$9.4M3.4%0.00%
9Fifth Third Bank37$9.4M3.4%0.00%
10West Shore Bank10$7.2M2.6%0.00%
11Team One CU10$6.7M2.4%0.00%
12Wells Fargo Bank National Association4$5.2M1.9%0.00%
13Colony Bank1$5.0M1.8%0.00%
14First Bank1$4.6M1.6%0.00%
15Stone Bank2$4.4M1.6%0.00%
16JPMorgan Chase Bank, National Association18$3.3M1.2%0.12%
17TBA CU6$2.4M0.8%0.00%
18Live Oak Banking Company2$2.0M0.7%0.00%
19First Western SBLC, LLC1$1.8M0.6%0.00%
20PNC Bank, National Association6$1.5M0.5%0.00%
21Northern Great Lakes Initiatives11$1.4M0.5%4.35%
22First Internet Bank of Indiana1$1.4M0.5%0.00%
23ChoiceOne Bank2$1.2M0.4%0.00%
24United Midwest Savings Bank National Association3$1.1M0.4%12.98%
25BayFirst National Bank6$1.0M0.4%32.15%
26Byline Bank1$1.0M0.4%0.00%
27Coastal States Bank1$960K0.3%0.00%
28First-Citizens Bank & Trust Company2$868K0.3%0.00%
29First State Bank of Michigan1$799K0.3%0.00%
30Evolve Bank and Trust2$725K0.3%0.00%
31The Dart Bank1$700K0.3%0.00%
32First National Bank of America7$686K0.2%0.00%
33Enterprise Bank & Trust1$640K0.2%0.00%
34ConnectOne Bank1$613K0.2%0.00%
35Horizon Bank2$609K0.2%0.00%
36Newtek Bank, National Association3$562K0.2%0.00%
371st Source Bank3$560K0.2%0.00%
38State Savings Bank2$534K0.2%0.00%
39First National Bank of Michigan1$510K0.2%0.00%
40Readycap Lending, LLC2$400K0.1%0.00%
41Mercantile Bank1$372K0.1%0.00%
42Banc of California1$371K0.1%0.00%
43Alden State Bank2$359K0.1%0.00%
44Western State Bank1$350K0.1%0.00%
45Five Star Bank1$300K0.1%0.00%
46Michigan State University Federal Credit Union2$275K0.1%0.00%
47First Financial Bank4$250K0.1%0.00%
48FirstMerit Bank, N.A.1$225K0.1%99.85%
49MI Bank1$205K0.1%0.00%
50Federal Deposit Insurance Corporation3$180K0.1%0.00%
51Consumers National Bank1$175K0.1%0.00%
52Bank Michigan1$172K0.1%0.00%
53Northeast Bank2$160K0.1%0.00%
54First Bank of the Lake1$150K0.1%0.00%
55Charlevoix State Bank1$130K0.0%0.00%
56Independence Bank1$125K0.0%0.00%
57Lendistry SBLC, LLC1$118K0.0%0.00%
58Stearns Bank National Association1$75K0.0%0.00%
59First National Bank1$20K0.0%0.00%
60SoFi Bank, National Association1$6K0.0%0.00%
61VelocitySBA, LLC1$5K0.0%96.89%

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

RankIndustryLoansApprovedShare of county
1Manufacturing70$39.8M14.3%
2Accommodation & food services87$32.6M11.7%
3Retail trade83$28.0M10.1%
4Health care & social assistance73$25.3M9.1%
5Construction115$19.1M6.9%
6Other services60$17.0M6.1%
7Real estate & leasing47$15.5M5.6%
8Arts, entertainment & recreation27$15.4M5.5%
9Professional & technical services72$14.6M5.2%
10Administrative & waste services51$13.3M4.8%
11Manufacturing21$11.1M4.0%
12Finance & insurance17$10.2M3.7%
13Retail trade55$8.3M3.0%
14Manufacturing32$8.2M2.9%
15Wholesale trade32$7.0M2.5%
16Transportation & warehousing6$4.8M1.7%
17Transportation & warehousing20$2.6M0.9%
18Agriculture, forestry & fishing7$2.5M0.9%
19Information8$1.4M0.5%
20Educational services5$1.1M0.4%
21Utilities3$298K0.1%
22Mining & extraction3$75K0.0%
23Public administration1$50K0.0%

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.