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ChoiceOne Bank is a community-focused financial institution offering comprehensive banking and wealth solutions across Michigan. Founded in 1898, the bank serves personal, mortgage, business, and wealth management customers through 56 offices in West, Central, and Southeast Michigan with assets over $4 billion.
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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
$300K
Average
$470K
Sweet Spot
$0-$500K
Industries with highest loan volume
All Other Amusement and Recreation Industries
1
loans
$990K
avg. amount
All Other Amusement and Recreation Industries
Loans
1
Avg. Amount
$990K
Other Millwork (including Flooring)
1
loans
$253K
avg. amount
Other Millwork (including Flooring)
Loans
1
Avg. Amount
$253K
Offices of Optometrists
1
loans
$294K
avg. amount
Offices of Optometrists
Loans
1
Avg. Amount
$294K
Pet Care (except Veterinary) Services
1
loans
$163K
avg. amount
Pet Care (except Veterinary) Services
Loans
1
Avg. Amount
$163K
RV (Recreational Vehicle) Parks and Campgrounds
1
loans
$300K
avg. amount
RV (Recreational Vehicle) Parks and Campgrounds
Loans
1
Avg. Amount
$300K
Machine Shops
1
loans
$200K
avg. amount
Machine Shops
Loans
1
Avg. Amount
$200K
All Other Miscellaneous Fabricated Metal Product Manufacturing
1
loans
$626K
avg. amount
All Other Miscellaneous Fabricated Metal Product Manufacturing
Loans
1
Avg. Amount
$626K
Bolt, Nut, Screw, Rivet, and Washer Manufacturing
1
loans
$861K
avg. amount
Bolt, Nut, Screw, Rivet, and Washer Manufacturing
Loans
1
Avg. Amount
$861K
Limited-Service Restaurants
1
loans
$545K
avg. amount
Limited-Service Restaurants
Loans
1
Avg. Amount
$545K
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.40% |
| $500K-$1M | Prime + 1.19% |
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)