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SBA 7(a) record
1st State Bank: SBA 7(a) loans made
1st State Bank, a bank based in Saginaw, MI, made 23 SBA 7(a) loans in the 36 months ending September 30, 2026, $9.2M in all, net of cancelled approvals. The typical loan was about $260K, and 6 were in the last 12 months. Most were in Michigan.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 23
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $9.17M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $260K
- SBA FOIA,
- Largest loan
- $2.7M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 6
- SBA FOIA,
Cite this
Source: The Lender Report, 1st State Bank: SBA 7(a) loans made, https://lender.report/lender/1st-state-bank-mi/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | Michigan | SBA 7(a), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | $600K | 8.5% | 20 yr | SBA FOIA | |
| May 2026 | Michigan | SBA 7(a), Landscaping Services | $230K | 7.5% | 7 yr | SBA FOIA | |
| May 2026 | Michigan | SBA 7(a), Landscaping Services | $30K | 8% | 10 yr | SBA FOIA | |
| Apr 2026 | Michigan | SBA 7(a), Real Estate and Rental and Leasing | $620K | 7.5% | 5 yr | SBA FOIA | |
| Apr 2026 | Michigan | SBA 7(a), Graphic Design Services | $81K | 8.25% | 7 yr | SBA FOIA | |
| Jan 2026 | Michigan | SBA 7(a), Limited-Service Restaurants | $260K | 9.5% | 20 yr | SBA FOIA | |
| Aug 2025 | Michigan | SBA 7(a), Supermarkets and Other Grocery Retailers (except Convenience Retailers) | $380K | 9.5% | 12 yr | SBA FOIA | |
| May 2025 | Michigan | SBA 7(a), Gasoline Stations with Convenience Stores | $2.7M | 7.5% | 22 yr | SBA FOIA | |
| May 2025 | Michigan | SBA 7(a), Full-Service Restaurants | $900K | 7.5% | 25 yr | SBA FOIA | |
| May 2025 | Michigan | SBA 7(a), Real Estate and Rental and Leasing | $250K | 7.5% | 6 yr | SBA FOIA | |
| May 2025 | Michigan | SBA 7(a), Drinking Places (Alcoholic Beverages) | $50K | 9% | 5 yr | SBA FOIA | |
| Mar 2025 | Michigan | SBA 7(a), Offices of Physical, Occupational and Speech Therapists, and Audiologists | $350K | 8.75% | 20 yr | SBA FOIA | |
| Mar 2025 | Michigan | SBA 7(a), Drinking Places (Alcoholic Beverages) | $230K | 9% | 15 yr | SBA FOIA | |
| Mar 2025 | Michigan | SBA 7(a), Offices of Physical, Occupational and Speech Therapists, and Audiologists | $50K | 8.75% | 10 yr | SBA FOIA | |
| Mar 2025 | Michigan | SBA 7(a), Drinking Places (Alcoholic Beverages) | $50K | 9% | 5 yr | SBA FOIA | |
| Feb 2025 | Michigan | SBA 7(a), Sporting Goods Retailers | $50K | 8.75% | 10 yr | SBA FOIA | |
| Jan 2025 | Georgia | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $710K | 8.5% | 7 yr | SBA FOIA | |
| Jan 2025 | Michigan | SBA 7(a), Insurance Agencies and Brokerages | $150K | 10.75% | 10 yr | SBA FOIA | |
| Dec 2024 | Michigan | SBA 7(a), Wholesale Trade | $500K | 8.75% | 4 yr | SBA FOIA | |
| Dec 2024 | Michigan | SBA 7(a), Wholesale Trade | $350K | 8.75% | 5 yr | SBA FOIA | |
| Aug 2024 | Michigan | SBA 7(a), Transportation and Warehousing | $300K | 9.5% | 7 yr | SBA FOIA | |
| Feb 2024 | Michigan | SBA 7(a), Manufacturing | $300K | 10.5% | 10 yr | SBA FOIA | |
| Feb 2024 | Michigan | SBA 7(a), Manufacturing | $30K | 10.5% | 10 yr | SBA FOIA | |
| 23 SBA 7(a) loans since October 2023, net of cancelled | $9.17M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Michigan | 22 | $8.46M |
| Georgia | 1 | $710K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 7 | $341K |
| $150K to $350K | 7 | $1.72M |
| $350K to $1M | 8 | $4.41M |
| $1M to $2.5M | 0 | $0 |
| $2.5M or more | 1 | $2.70M |
| Quarter | Loans | Dollars |
|---|---|---|
| 2024 Q1 | 2 | $330K |
| 2024 Q3 | 1 | $300K |
| 2024 Q4 | 2 | $850K |
| 2025 Q1 | 7 | $1.59M |
| 2025 Q2 | 4 | $3.90M |
| 2025 Q3 | 1 | $380K |
| 2026 Q1 | 1 | $260K |
| 2026 Q2 | 4 | $961K |
| 2026 Q3 | 1 | $600K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Drinking Places (Alcoholic Beverages) (722410) | 3 |
| Landscaping Services (561730) | 2 |
| Manufacturing | 2 |
| Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340) | 2 |
| Real Estate and Rental and Leasing | 2 |
| Wholesale Trade | 2 |
| Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) | 1 |
| Full-Service Restaurants (722511) | 1 |
| Gasoline Stations with Convenience Stores (457110) | 1 |
| Graphic Design Services (541430) | 1 |
| Insurance Agencies and Brokerages (524210) | 1 |
| Limited-Service Restaurants (722513) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| Preferred Lenders Program | 19 |
| SBA Express Program | 3 |
| Export Express | 1 |
- 1st State Bank made 23 SBA 7(a) loans totaling $9.2M in the 36 months ending September 30, 2026, net of cancelled approvals, in 2 states. SBA FOIA,
- 6 of them were in the 12 months to September 30, 2026, and 14 in the 12 months before. SBA FOIA,
- The typical loan was about $260K, with the middle half between $50K and $500K. SBA FOIA,
- The largest was about $2.7M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 7 loans were under $150K, and 1 was $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 8.75% on 23 loans, with the middle half between 8.00% and 9.50%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to Drinking Places (Alcoholic Beverages), with 3. SBA FOIA,
- The SBA file lists 19 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in Michigan (22) and Georgia (1). SBA FOIA,
What we don't know
- Whether 1st State Bank is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.