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SBA 7(a) record
Bank Michigan: SBA 7(a) loans made
Bank Michigan, a bank based in Brooklyn, MI, made 37 SBA 7(a) loans in the 36 months ending September 30, 2026, $39.5M in all, net of cancelled approvals. The typical loan was about $660K, and 10 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
- 37
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $39.5M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $660K
- SBA FOIA,
- Largest loan
- $5M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 10
- SBA FOIA,
Cite this
Source: The Lender Report, Bank Michigan: SBA 7(a) loans made, https://lender.report/lender/bank-michigan-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), Other Building Material Dealers | $1.4M | 9% | 10 yr | SBA FOIA | |
| Aug 2026 | Michigan | SBA 7(a), Child Care Services | $420K | 9.25% | 25 yr | SBA FOIA | |
| Jun 2026 | Michigan | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $4.9M | 8% | 25 yr | SBA FOIA | |
| Jun 2026 | Michigan | SBA 7(a), Beer, Wine, and Liquor Retailers | $1.9M | 8.5% | 25 yr | SBA FOIA | |
| May 2026 | Michigan | SBA 7(a), All Other Specialty Trade Contractors | $310K | 8.75% | 10 yr | SBA FOIA | |
| May 2026 | Michigan | SBA 7(a), Automotive Oil Change and Lubrication Shops | $230K | 9.25% | 10 yr | SBA FOIA | |
| Mar 2026 | Michigan | SBA 7(a), Health Care and Social Assistance | $1.3M | 9.25% | 10 yr | SBA FOIA | |
| Mar 2026 | Michigan | SBA 7(a), Offices of Chiropractors | $510K | 9.5% | 10 yr | SBA FOIA | |
| Mar 2026 | Michigan | SBA 7(a), Offices of Chiropractors | $25K | 9.5% | 10 yr | SBA FOIA | |
| Dec 2025 | Michigan | SBA 7(a), Baked Goods Retailers | $300K | 9.75% | 10 yr | SBA FOIA | |
| Sep 2025 | Michigan | SBA 7(a), Health Care and Social Assistance | $5M | 9.75% | 25 yr | SBA FOIA | |
| Sep 2025 | Ohio | SBA 7(a), All Other Plastics Product Manufacturing | $4.5M | 10% | 10 yr | SBA FOIA | |
| Jun 2025 | Michigan | SBA 7(a), All Other Personal Services | $280K | 9.75% | 10 yr | SBA FOIA | |
| May 2025 | Michigan | SBA 7(a), Full-Service Restaurants | $790K | 9.5% | 10 yr | SBA FOIA | |
| Dec 2024 | Michigan | SBA 7(a), Other Services (except Public Administration) | $1.1M | 10.5% | 10 yr | SBA FOIA | |
| Dec 2024 | Michigan | SBA 7(a), New Single-Family Housing Construction (except For-Sale Builders) | $320K | 10% | 10 yr | SBA FOIA | |
| Dec 2024 | Michigan | SBA 7(a), Other Services (except Public Administration) | $100K | 10.5% | 10 yr | SBA FOIA | |
| Oct 2024 | Michigan | SBA 7(a), Electronic and Precision Equipment Repair and Maintenance | $700K | 10.5% | 10 yr | SBA FOIA | |
| Oct 2024 | Michigan | SBA 7(a), Electronic and Precision Equipment Repair and Maintenance | $50K | 10.5% | 5 yr | SBA FOIA | |
| Sep 2024 | Michigan | SBA 7(a), Distilleries | $240K | 11.25% | 7 yr | SBA FOIA | |
| Sep 2024 | Michigan | SBA 7(a), Fitness and Recreational Sports Centers | $190K | 11.25% | 10 yr | SBA FOIA | |
| Aug 2024 | Michigan | SBA 7(a), Offices of All Other Miscellaneous Health Practitioners | $3.9M | 11% | 10 yr | SBA FOIA | |
| Aug 2024 | Michigan | SBA 7(a), Distilleries | $660K | 11.25% | 10 yr | SBA FOIA | |
| Jul 2024 | Michigan | SBA 7(a), Coffee and Tea Manufacturing | $2.1M | 9.5% | 25 yr | SBA FOIA | |
| Jul 2024 | Michigan | SBA 7(a), All Other Automotive Repair and Maintenance | $290K | 11.25% | 25 yr | SBA FOIA | |
| 37 SBA 7(a) loans since October 2023, net of cancelled | $39.5M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Michigan | 36 | $35.0M |
| Ohio | 1 | $4.50M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 6 | $375K |
| $150K to $350K | 9 | $2.36M |
| $350K to $1M | 9 | $5.70M |
| $1M to $2.5M | 9 | $12.8M |
| $2.5M or more | 4 | $18.3M |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 2 | $1.16M |
| 2024 Q1 | 4 | $3.44M |
| 2024 Q2 | 5 | $3.32M |
| 2024 Q3 | 7 | $7.48M |
| 2024 Q4 | 5 | $2.27M |
| 2025 Q2 | 2 | $1.07M |
| 2025 Q3 | 2 | $9.50M |
| 2025 Q4 | 1 | $300K |
| 2026 Q1 | 3 | $1.83M |
| 2026 Q2 | 4 | $7.34M |
| 2026 Q3 | 2 | $1.82M |
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 |
|---|---|
| All Other Specialty Trade Contractors (238990) | 2 |
| Automotive Parts and Accessories Retailers (441330) | 2 |
| Coffee and Tea Manufacturing (311920) | 2 |
| Distilleries (312140) | 2 |
| Electronic and Precision Equipment Repair and Maintenance (811210) | 2 |
| Full-Service Restaurants (722511) | 2 |
| Glass and Glazing Contractors (238150) | 2 |
| Health Care and Social Assistance | 2 |
| Landscaping Services (561730) | 2 |
| Offices of All Other Miscellaneous Health Practitioners (621399) | 2 |
| Offices of Chiropractors (621310) | 2 |
| Other Services (except Public Administration) | 2 |
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 | 16 |
| 7a General | 13 |
| SBA Express Program | 8 |
- Bank Michigan made 37 SBA 7(a) loans totaling $39.5M in the 36 months ending September 30, 2026, net of cancelled approvals, in 2 states. SBA FOIA,
- 10 of them were in the 12 months to September 30, 2026, and 9 in the 12 months before. SBA FOIA,
- The typical loan was about $660K, with the middle half between $240K and $1.3M. SBA FOIA,
- The largest was about $5M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 6 loans were under $150K, and 13 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 10.25% on 37 loans, with the middle half between 9.50% and 11.00%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to All Other Specialty Trade Contractors, with 2. SBA FOIA,
- The SBA file lists 16 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in Michigan (36) and Ohio (1). SBA FOIA,
What we don't know
- Whether Bank Michigan 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.