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Bank Michigan is a Southeast Michigan community bank headquartered in Brooklyn, MI, founded in 1907. The institution offers personalized banking services including checking accounts, mortgages, business loans, and digital banking tools, with a focus on community involvement and customer relationships.
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SBA 7(a) Acquisition Loan Data As Of December 31, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of December 31, 2025
Median
$503K
Average
$556K
Sweet Spot
$0-$500K
Industries with highest loan volume
Glass and Glazing Contractors
1
loans
$671K
avg. amount
Glass and Glazing Contractors
Loans
1
Avg. Amount
$671K
General Automotive Repair
1
loans
$758K
avg. amount
General Automotive Repair
Loans
1
Avg. Amount
$758K
Perishable Prepared Food Manufacturing
1
loans
$336K
avg. amount
Perishable Prepared Food Manufacturing
Loans
1
Avg. Amount
$336K
Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)
1
loans
$1.1M
avg. amount
Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)
Loans
1
Avg. Amount
$1.1M
Fitness and Recreational Sports Centers
1
loans
$189K
avg. amount
Fitness and Recreational Sports Centers
Loans
1
Avg. Amount
$189K
All Other Personal Services
1
loans
$281K
avg. amount
All Other Personal Services
Loans
1
Avg. Amount
$281K
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.75% |
| $500K-$1M | Prime + 2.63% |
| $1M-$2M | Prime + 3.00% |
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)