SBA 7(a) lenders in Kalkaska, MI
Approvals in SBA fiscal years 2008–2025. Source data as of 2026-06-30.
Lenders
18 institutions have SBA 7(a) loans on record in Kalkaska, together $20.2M across 86 loans. The Huntington National Bank is the largest, with 37% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 51 | $7.4M | 36.6% | 0.00% |
| 2 | Shoreham Bank | 1 | $4.1M | 20.3% | 0.00% |
| 3 | East West Bank | 1 | $1.5M | 7.3% | 0.00% |
| 4 | Alden State Bank | 6 | $1.1M | 5.6% | 0.00% |
| 5 | Independent Bank | 2 | $1.0M | 5.0% | 0.00% |
| 6 | Northeast Bank | 3 | $1.0M | 4.9% | 0.00% |
| 7 | West Shore Bank | 3 | $925K | 4.6% | 0.00% |
| 8 | Business Lenders, LLC | 1 | $670K | 3.3% | 98.45% |
| 9 | Celtic Bank Corporation | 1 | $500K | 2.5% | 0.00% |
| 10 | JPMorgan Chase Bank, National Association | 6 | $477K | 2.4% | 39.93% |
| 11 | Nicolet National Bank | 1 | $476K | 2.4% | 0.00% |
| 12 | Fifth Third Bank | 2 | $410K | 2.0% | 67.76% |
| 13 | Honor Bank | 2 | $201K | 1.0% | 0.00% |
| 14 | PNC Bank, National Association | 2 | $122K | 0.6% | 19.68% |
| 15 | First National Bank of America | 1 | $90K | 0.4% | 0.00% |
| 16 | Bank of Ann Arbor | 1 | $86K | 0.4% | 0.00% |
| 17 | Northern Great Lakes Initiatives | 1 | $75K | 0.4% | 0.00% |
| 18 | 4Front Credit Union | 1 | $50K | 0.2% | 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 | Accommodation & food services | 14 | $6.9M | 34.0% |
| 2 | Construction | 17 | $4.0M | 19.6% |
| 3 | Retail trade | 4 | $1.8M | 8.8% |
| 4 | Mining & extraction | 4 | $1.5M | 7.3% |
| 5 | Transportation & warehousing | 12 | $1.4M | 6.8% |
| 6 | Retail trade | 7 | $1.1M | 5.4% |
| 7 | Health care & social assistance | 7 | $945K | 4.7% |
| 8 | Real estate & leasing | 4 | $634K | 3.1% |
| 9 | Professional & technical services | 4 | $571K | 2.8% |
| 10 | Arts, entertainment & recreation | 3 | $457K | 2.3% |
| 11 | Other services | 4 | $419K | 2.1% |
| 12 | Wholesale trade | 2 | $310K | 1.5% |
| 13 | Information | 1 | $200K | 1.0% |
| 14 | Administrative & waste services | 3 | $125K | 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.