SBA 7(a) lenders in Osceola, MI
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
16 institutions have SBA 7(a) loans on record in Osceola, together $19.5M across 75 loans. The Huntington National Bank is the largest, with 27% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 54 | $5.3M | 27.2% | 5.18% |
| 2 | First Internet Bank of Indiana | 2 | $5.0M | 25.6% | 0.00% |
| 3 | First Federal Savings and Loan Association of Lakewood | 1 | $1.4M | 7.2% | 0.00% |
| 4 | Customers Bank | 1 | $1.3M | 6.5% | 0.00% |
| 5 | Northwest Bank | 2 | $1.2M | 6.0% | 0.00% |
| 6 | Nicolet National Bank | 2 | $1.0M | 5.3% | 0.00% |
| 7 | Byline Bank | 1 | $990K | 5.1% | 0.00% |
| 8 | Fifth Third Bank | 4 | $825K | 4.2% | 0.00% |
| 9 | Horizon Bank | 1 | $750K | 3.8% | 0.00% |
| 10 | Newtek Bank, National Association | 1 | $500K | 2.6% | 0.00% |
| 11 | Live Oak Banking Company | 1 | $450K | 2.3% | 0.00% |
| 12 | PNC Bank, National Association | 1 | $302K | 1.5% | 0.00% |
| 13 | Harvest Small Business Finance, LLC | 1 | $225K | 1.2% | 0.00% |
| 14 | Celtic Bank Corporation | 1 | $150K | 0.8% | 0.00% |
| 15 | Mercantile Bank | 1 | $99K | 0.5% | 0.00% |
| 16 | Newtek Small Business Finance, Inc. | 1 | $39K | 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 | Manufacturing | 6 | $6.0M | 30.5% |
| 2 | Health care & social assistance | 8 | $3.6M | 18.4% |
| 3 | Retail trade | 10 | $2.6M | 13.5% |
| 4 | Manufacturing | 7 | $2.6M | 13.3% |
| 5 | Construction | 11 | $1.2M | 6.0% |
| 6 | Mining & extraction | 1 | $750K | 3.8% |
| 7 | Other services | 5 | $739K | 3.8% |
| 8 | Retail trade | 5 | $695K | 3.6% |
| 9 | Transportation & warehousing | 6 | $423K | 2.2% |
| 10 | Accommodation & food services | 3 | $305K | 1.6% |
| 11 | Administrative & waste services | 4 | $264K | 1.4% |
| 12 | Wholesale trade | 1 | $200K | 1.0% |
| 13 | Professional & technical services | 4 | $98K | 0.5% |
| 14 | Finance & insurance | 1 | $45K | 0.2% |
| 15 | Real estate & leasing | 2 | $25K | 0.1% |
| 16 | Information | 1 | $13K | 0.1% |
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.