SBA 7(a) lenders in Hillsdale, MI
Approvals in SBA fiscal years 2008–2025. Source data as of 2026-06-30.
Lenders
17 institutions have SBA 7(a) loans on record in Hillsdale, together $38.5M across 96 loans. Fifth Third Bank is the largest, with 33% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Fifth Third Bank | 12 | $12.8M | 33.3% | 8.17% |
| 2 | County National Bank | 35 | $8.5M | 22.0% | 3.11% |
| 3 | Centier Bank | 2 | $4.3M | 11.1% | 54.73% |
| 4 | The State Bank and Trust Company | 5 | $2.5M | 6.5% | 0.00% |
| 5 | Southern Michigan Bank & Trust | 3 | $2.3M | 6.0% | 0.00% |
| 6 | The Huntington National Bank | 22 | $2.2M | 5.7% | 0.00% |
| 7 | Comerica Bank | 1 | $2.0M | 5.2% | 0.00% |
| 8 | Bank Michigan | 1 | $1.5M | 3.8% | 0.00% |
| 9 | Byline Bank | 1 | $910K | 2.4% | 0.00% |
| 10 | Century Bank and Trust | 5 | $776K | 2.0% | 0.00% |
| 11 | BayFirst National Bank | 1 | $250K | 0.6% | 73.86% |
| 12 | United Midwest Savings Bank National Association | 1 | $150K | 0.4% | 0.00% |
| 13 | Michigan Certified Development Corporation | 1 | $115K | 0.3% | 0.00% |
| 14 | PNC Bank, National Association | 3 | $92K | 0.2% | 22.79% |
| 15 | Lake City Bank | 1 | $90K | 0.2% | 0.00% |
| 16 | Community Choice CU | 1 | $40K | 0.1% | 0.00% |
| 17 | STAR Financial Bank | 1 | $20K | 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 | Manufacturing | 12 | $17.4M | 45.4% |
| 2 | Real estate & leasing | 4 | $4.4M | 11.3% |
| 3 | Manufacturing | 8 | $3.9M | 10.0% |
| 4 | Other services | 16 | $2.5M | 6.5% |
| 5 | Accommodation & food services | 6 | $2.0M | 5.1% |
| 6 | Wholesale trade | 3 | $1.4M | 3.6% |
| 7 | Health care & social assistance | 6 | $1.3M | 3.3% |
| 8 | Transportation & warehousing | 13 | $1.0M | 2.7% |
| 9 | Retail trade | 4 | $789K | 2.1% |
| 10 | Manufacturing | 2 | $714K | 1.9% |
| 11 | Retail trade | 2 | $711K | 1.8% |
| 12 | Construction | 7 | $668K | 1.7% |
| 13 | Educational services | 2 | $595K | 1.5% |
| 14 | Administrative & waste services | 3 | $573K | 1.5% |
| 15 | Agriculture, forestry & fishing | 3 | $314K | 0.8% |
| 16 | Finance & insurance | 1 | $216K | 0.6% |
| 17 | Professional & technical services | 4 | $77K | 0.2% |
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.