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The Lender Report built this page from public records. ChoiceOne Bank has not reviewed it. Every lender's page starts this way, and it says nothing about ChoiceOne Bank itself. Each figure shows its source and date. Work at ChoiceOne Bank? You can claim this page for free.
SBA 504 record
ChoiceOne Bank: SBA 504 first liens made
ChoiceOne Bank, a bank based in Sparta, MI, made 12 SBA 504 first liens in the 36 months ending September 30, 2026, $10.5M in all, net of cancelled approvals. The typical first lien was about $650K, and 11 were in the last 12 months. Most were in Michigan.
- Evidence
- SBA 504 loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 11, 2026
- First liens, 36 months
- 12
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $10.5M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $650K
- SBA FOIA,
- Largest loan
- $2.5M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 11
- SBA FOIA,
Cite this
Source: The Lender Report, ChoiceOne Bank: SBA 504 first liens made, https://lender.report/lender/choiceone-bank-mi/sba-504/, 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 |
|---|---|---|---|---|---|---|---|
| Mar 2026 | Michigan | SBA 504, Supermarkets and Other Grocery Retailers (except Convenience Retailers) | $860K | 20 yr | SBA FOIA | ||
| Dec 2025 | Michigan | SBA 504, Educational Services | $650K | 25 yr | SBA FOIA | ||
| Aug 2025 | Michigan | SBA 504, Manufacturing | $500K | 25 yr | SBA FOIA | ||
| Aug 2025 | Michigan | SBA 504, Insurance Agencies and Brokerages | $450K | 20 yr | SBA FOIA | ||
| Jul 2025 | Michigan | SBA 504, Offices of Mental Health Practitioners (except Physicians) | $390K | 25 yr | SBA FOIA | ||
| Jun 2025 | Pennsylvania | SBA 504, Manufacturing | $550K | 25 yr | SBA FOIA | ||
| May 2025 | Michigan | SBA 504, Construction | $510K | 20 yr | SBA FOIA | ||
| Mar 2025 | Michigan | SBA 504, Health Care and Social Assistance | $1.9M | 25 yr | SBA FOIA | ||
| Nov 2024 | Michigan | SBA 504, Other Services (except Public Administration) | $660K | 25 yr | SBA FOIA | ||
| Nov 2024 | Michigan | SBA 504, Construction | $97K | 25 yr | SBA FOIA | ||
| Mar 2024 | Michigan | SBA 504, Manufacturing | $2.5M | 20 yr | SBA FOIA | ||
| Feb 2024 | Michigan | SBA 504, Manufacturing | $1.4M | 25 yr | SBA FOIA | ||
| 12 SBA 504 first liens since October 2023, net of cancelled | $10.5M | SBA FOIA | |||||
A blank means the source did not report it.
| State | First liens | Dollars |
|---|---|---|
| Michigan | 11 | $9.92M |
| Pennsylvania | 1 | $550K |
SBA loans are on record by state only.
| Loan size | First liens | Dollars |
|---|---|---|
| Under $150K | 1 | $97.0K |
| $150K to $350K | 0 | $0 |
| $350K to $1M | 8 | $4.57M |
| $1M to $2.5M | 2 | $3.30M |
| $2.5M or more | 1 | $2.50M |
| Quarter | First liens | Dollars |
|---|---|---|
| 2024 Q1 | 2 | $3.90M |
| 2024 Q4 | 2 | $757K |
| 2025 Q1 | 1 | $1.90M |
| 2025 Q2 | 2 | $1.06M |
| 2025 Q3 | 3 | $1.34M |
| 2025 Q4 | 1 | $650K |
| 2026 Q1 | 1 | $860K |
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) | First liens |
|---|---|
| Construction | 2 |
| Manufacturing | 2 |
| Manufacturing | 2 |
| Educational Services | 1 |
| Health Care and Social Assistance | 1 |
| Insurance Agencies and Brokerages (524210) | 1 |
| Offices of Mental Health Practitioners (except Physicians) (621330) | 1 |
| Other Services (except Public Administration) | 1 |
| Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110) | 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 |
|---|---|
| Accredited Lenders Program | 6 |
| 504 Basic | 2 |
| 504 Refinancing Program | 2 |
| ALP Express | 2 |
| Certified Development Company | Projects |
|---|---|
| Michigan Certified Development Corporation | 7 |
| Great Lakes Commercial Finance | 3 |
| Oakland County Business Finance Corporation | 1 |
| South Eastern Economic Development Company of Pennsylvania | 1 |
- ChoiceOne Bank made 12 SBA 504 first liens totaling $10.5M in the 36 months ending September 30, 2026, net of cancelled approvals, in 2 states. SBA FOIA,
- The SBA file shows 11 approvals naming ChoiceOne Bank as first-lien lender dated in the 12 months to September 30, 2026, and 8 in the 12 months before. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA,
- The typical first lien was about $650K, with the middle half between $500K and $1.4M. SBA FOIA,
- The largest was about $2.5M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 1 loan was under $150K, and 3 were $1M or more. SBA FOIA,
- The median term was 25 years. SBA FOIA,
- Its loans went most often to Construction, with 2. SBA FOIA,
- The SBA file lists 6 of its loans as processed under Accredited Lenders Program. SBA FOIA,
- It worked with 4 Certified Development Companies, most often Michigan Certified Development Corporation. SBA FOIA,
- Its loans were most often in Michigan (11) and Pennsylvania (1). SBA FOIA,
What we don't know
- Whether ChoiceOne Bank is taking new SBA 504 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.
SBA 504 figures count the first-lien lender on each SBA approval. Dollars are first-lien amounts.
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.