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Union Bank is a community bank headquartered in Grand Rapids, Michigan, providing personal and business banking services including checking, savings, loans, and mortgage products to customers throughout West Michigan.
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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
$673K
Average
$673K
Sweet Spot
$0-$500K
Industries with highest loan volume
Limited-Service Restaurants
1
loans
$350K
avg. amount
Limited-Service Restaurants
Loans
1
Avg. Amount
$350K
Electronics and Appliance Retailers
1
loans
$996K
avg. amount
Electronics and Appliance Retailers
Loans
1
Avg. Amount
$996K
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 0.25% |
| $500K-$1M | Prime + 0.00% |
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)