SBA 7(a) lenders in Ottawa, MI

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

Lenders

78 institutions have SBA 7(a) loans on record in Ottawa, together $490.3M across 1,620 loans. The Huntington National Bank is the largest, with 46% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	The Huntington National Bank	1,115	$227.7M	46.5%	1.03%
2	Fifth Third Bank	92	$43.5M	8.9%	1.09%
3	Live Oak Banking Company	13	$23.1M	4.7%	0.00%
4	ChoiceOne Bank	22	$14.4M	2.9%	0.00%
5	Old National Bank	24	$12.5M	2.6%	1.56%
6	Macatawa Bank, National Association	34	$12.1M	2.5%	0.63%
7	Independent Bank	8	$11.9M	2.4%	0.00%
8	Byline Bank	8	$11.2M	2.3%	0.00%
9	Wells Fargo Bank National Association	17	$9.1M	1.8%	15.76%
10	JPMorgan Chase Bank, National Association	31	$8.9M	1.8%	2.10%
11	Lake Michigan CU	7	$8.9M	1.8%	0.00%
12	Grand River Bank	15	$7.7M	1.6%	0.00%
13	PNC Bank, National Association	37	$7.2M	1.5%	3.28%
14	Newtek Small Business Finance, Inc.	6	$6.6M	1.3%	0.00%
15	Readycap Lending, LLC	8	$5.6M	1.1%	5.30%
16	Everwise Credit Union	2	$4.7M	1.0%	0.00%
17	First National Bank of Michigan	16	$4.5M	0.9%	0.00%
18	1st Financial Bank USA	1	$4.4M	0.9%	0.00%
19	Evolve Bank and Trust	2	$4.3M	0.9%	51.25%
20	First Financial Bank	2	$4.1M	0.8%	0.00%
21	Highpoint Community Bank	5	$3.9M	0.8%	0.00%
22	West Shore Bank	5	$3.8M	0.8%	0.00%
23	Southern Michigan Bank & Trust	2	$3.2M	0.7%	0.00%
24	Northeast Bank	9	$2.4M	0.5%	0.00%
25	First Western SBLC, LLC	2	$2.4M	0.5%	0.00%
26	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$2.3M	0.5%	0.00%
27	United Midwest Savings Bank National Association	10	$2.2M	0.5%	3.15%
28	Horizon Bank	10	$2.1M	0.4%	0.00%
29	Lake-Osceola State Bank	2	$1.9M	0.4%	0.00%
30	GBank	1	$1.7M	0.4%	0.00%
31	Mercantile Bank	12	$1.7M	0.4%	3.88%
32	TowneBank	2	$1.7M	0.3%	0.00%
33	Bank of Ann Arbor	1	$1.6M	0.3%	0.00%
34	United FCU	6	$1.6M	0.3%	0.00%
35	CRF Small Business Loan Company, LLC	1	$1.4M	0.3%	0.00%
36	The Bancorp Bank National Association	2	$1.4M	0.3%	0.00%
37	BayFirst National Bank	7	$1.3M	0.3%	19.93%
38	Bank of America, National Association	3	$1.3M	0.3%	0.00%
39	Northwest Bank	1	$1.3M	0.3%	0.00%
40	U.S. Bank, National Association	1	$1.1M	0.2%	0.00%
41	First Bank of the Lake	2	$1.0M	0.2%	0.00%
42	Flagstar Bank National Association	4	$901K	0.2%	0.00%
43	Genesis Bank	1	$859K	0.2%	0.00%
44	KeyBank National Association	2	$857K	0.2%	0.00%
45	Arbor Financial Credit Union	2	$826K	0.2%	0.00%
46	Happen Bank	1	$758K	0.2%	0.00%
47	Cornhusker Bank	2	$750K	0.2%	0.00%
48	Citizens Bank	2	$744K	0.2%	0.00%
49	Paragon Bank	1	$700K	0.1%	0.00%
50	Celtic Bank Corporation	6	$640K	0.1%	10.30%
51	Oconee State Bank	1	$565K	0.1%	0.00%
52	Banc of California	1	$560K	0.1%	0.00%
53	Lake Trust CU	5	$530K	0.1%	0.00%
54	KALSEE Credit Union	1	$511K	0.1%	0.00%
55	Colony Bank	1	$509K	0.1%	0.00%
56	Adventure CU	1	$495K	0.1%	0.00%
57	Bank Michigan	1	$494K	0.1%	0.00%
58	BankVista	5	$484K	0.1%	0.00%
59	Simmons Bank	2	$482K	0.1%	0.00%
60	United Bank of Michigan	2	$460K	0.1%	20.41%
61	Independence Bank	3	$450K	0.1%	0.00%
62	4Front Credit Union	2	$425K	0.1%	0.00%
63	Opportunity Resource Fund	2	$419K	0.1%	0.00%
64	West Michigan Community Bank	4	$413K	0.1%	0.00%
65	Commercial Bank	1	$350K	0.1%	0.00%
66	Pathward National Association	1	$289K	0.1%	0.00%
67	Lendistry SBLC, LLC	2	$288K	0.1%	0.00%
68	Magnifi Financial CU	1	$270K	0.1%	0.00%
69	Capital Community Bank	1	$250K	0.1%	0.00%
70	Newtek Bank, National Association	2	$218K	0.0%	0.00%
71	West Central Development Corporation	2	$212K	0.0%	0.00%
72	Capital Bank, National Association	1	$200K	0.0%	0.00%
73	First Bank	1	$180K	0.0%	0.00%
74	Community Choice CU	1	$150K	0.0%	0.00%
75	Georgia Banking Company	1	$150K	0.0%	0.00%
76	First Community Bank	1	$120K	0.0%	0.00%
77	Columbia Bank	3	$80K	0.0%	0.00%
78	VelocitySBA, LLC	4	$50K	0.0%	33.14%

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	190	$74.1M	15.1%
2	Health care & social assistance	95	$45.9M	9.4%
3	Construction	234	$44.1M	9.0%
4	Accommodation & food services	138	$44.1M	9.0%
5	Retail trade	113	$34.6M	7.0%
6	Transportation & warehousing	157	$34.2M	7.0%
7	Wholesale trade	56	$30.5M	6.2%
8	Administrative & waste services	117	$29.1M	5.9%
9	Other services	135	$28.2M	5.8%
10	Manufacturing	60	$25.2M	5.1%
11	Professional & technical services	93	$23.6M	4.8%
12	Arts, entertainment & recreation	45	$23.6M	4.8%
13	Retail trade	65	$15.4M	3.1%
14	Manufacturing	36	$11.4M	2.3%
15	Real estate & leasing	24	$8.0M	1.6%
16	Agriculture, forestry & fishing	21	$5.8M	1.2%
17	Finance & insurance	17	$4.9M	1.0%
18	Information	11	$2.8M	0.6%
19	Transportation & warehousing	2	$2.4M	0.5%
20	Educational services	9	$1.4M	0.3%
21	Mining & extraction	1	$859K	0.2%
22	Utilities	1	$225K	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.