Bank · Brooklyn, MI
Bank Michigan
Made 13 SBA 7(a) change-of-ownership loans totaling $8.7M in FY2024 to FY2026: #211 of 1,054 lenders by loans and #260 by dollars. Lends in 1 state. Part of Bank Michigan Financial Corp.
#211by loans, FY24–26
13loans
$8.7Mapproved
$418Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 4 | $1.7M | $430K | 0.1% |
| FY2025 | 3 | $1.5M | $281K | 0.0% |
| FY2026 | 6 | $5.5M | $845K | 0.1% |
Loan size
Deal size mix
31% of its loans were $1M or more.
- Under $350K6 loans · 46% · $1.1M
- $350K to $1M3 loans · 23% · $1.8M
- $1M to $2M4 loans · 31% · $5.7M
- $2M to $5M0 loans · 0% · $0K
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Other Services | 5 | $2.5M |
| Retail Trade | 3 | $3.6M |
| Construction | 2 | $720K |
| Health Care & Social Assistance | 2 | $1.7M |
| Arts, Entertainment & Recreation | 1 | $188K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Michigan | 13 | $8.7M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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