SBA 7(a) lenders in Muskegon, MI

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

Lenders

49 institutions have SBA 7(a) loans on record in Muskegon, together $194.0M across 633 loans. The Huntington National Bank is the largest, with 38% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	The Huntington National Bank	399	$73.7M	38.0%	2.64%
2	ChoiceOne Bank	50	$19.0M	9.8%	2.14%
3	Fifth Third Bank	41	$18.3M	9.4%	5.24%
4	Live Oak Banking Company	12	$13.1M	6.8%	0.00%
5	Old National Bank	10	$11.1M	5.7%	0.00%
6	Celtic Bank Corporation	11	$10.3M	5.3%	0.00%
7	Independent Bank	11	$8.7M	4.5%	3.65%
8	West Shore Bank	15	$7.9M	4.1%	0.00%
9	Highpoint Community Bank	1	$3.6M	1.9%	0.00%
10	PNC Bank, National Association	17	$3.6M	1.8%	0.00%
11	Byline Bank	4	$2.5M	1.3%	0.00%
12	Readycap Lending, LLC	2	$2.2M	1.2%	0.00%
13	TBA CU	1	$2.0M	1.0%	0.00%
14	Shoreham Bank	1	$1.9M	1.0%	0.00%
15	KeyBank National Association	3	$1.3M	0.7%	32.38%
16	The Shelby State Bank	1	$1.1M	0.6%	0.00%
17	First National Bank of Michigan	1	$975K	0.5%	0.00%
18	Lake Michigan CU	3	$943K	0.5%	0.00%
19	Wells Fargo Bank National Association	2	$942K	0.5%	0.00%
20	Mercantile Bank	5	$882K	0.5%	0.00%
21	Newtek Bank, National Association	3	$725K	0.4%	0.00%
22	Grand River Bank	2	$708K	0.4%	0.00%
23	Citizens Bank	1	$651K	0.3%	0.00%
24	Horizon Bank	3	$644K	0.3%	0.00%
25	Pathward National Association	1	$560K	0.3%	0.00%
26	First Community Bank	2	$554K	0.3%	0.00%
27	JPMorgan Chase Bank, National Association	5	$539K	0.3%	1.75%
28	Oxford Bank	1	$535K	0.3%	0.00%
29	Gulf Coast Bank and Trust Company	1	$516K	0.3%	0.00%
30	Macatawa Bank, National Association	1	$443K	0.2%	0.00%
31	GBank	1	$419K	0.2%	0.00%
32	Route 31 Federal Credit Union	1	$375K	0.2%	0.00%
33	The Dart Bank	1	$325K	0.2%	0.00%
34	Northwest Bank	1	$300K	0.2%	0.00%
35	North Central Area Credit Union	1	$280K	0.1%	0.00%
36	Lake Trust CU	1	$270K	0.1%	0.00%
37	4Front Credit Union	2	$263K	0.1%	0.00%
38	U.S. Bank, National Association	1	$247K	0.1%	0.00%
39	Consumers Credit Union	1	$235K	0.1%	0.00%
40	Bank of America, National Association	1	$200K	0.1%	0.00%
41	Adventure CU	1	$176K	0.1%	0.00%
42	BayFirst National Bank	1	$150K	0.1%	0.00%
43	United Midwest Savings Bank National Association	1	$150K	0.1%	0.00%
44	Community West Bank	1	$142K	0.1%	0.00%
45	Northeast Bank	2	$130K	0.1%	0.00%
46	Northern Great Lakes Initiatives	1	$124K	0.1%	0.00%
47	United Bank of Michigan	1	$100K	0.1%	94.97%
48	Kellogg Community CU	1	$50K	0.0%	0.00%
49	VelocitySBA, LLC	3	$28K	0.0%	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	66	$42.6M	22.0%
2	Accommodation & food services	85	$26.8M	13.8%
3	Other services	78	$19.3M	9.9%
4	Construction	76	$17.5M	9.0%
5	Retail trade	56	$16.9M	8.7%
6	Health care & social assistance	51	$14.8M	7.6%
7	Retail trade	38	$14.6M	7.5%
8	Professional & technical services	30	$9.6M	4.9%
9	Wholesale trade	23	$5.4M	2.8%
10	Arts, entertainment & recreation	18	$4.2M	2.2%
11	Manufacturing	11	$4.2M	2.2%
12	Administrative & waste services	25	$4.0M	2.1%
13	Real estate & leasing	13	$3.8M	2.0%
14	Manufacturing	13	$3.4M	1.7%
15	Transportation & warehousing	36	$3.1M	1.6%
16	Agriculture, forestry & fishing	2	$1.3M	0.7%
17	Transportation & warehousing	4	$1.1M	0.5%
18	Finance & insurance	3	$1.0M	0.5%
19	Educational services	4	$476K	0.2%
20	Information	1	$5K	0.0%

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.