First National Bank of Michigan: SBA loans in this registry
7companies
8loans
$18.2Mtotal approved
$2.3Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Kalamazoo, MI
- FDIC certificate number
- 58259
- Total assets
- $988.9 million (as of June 30, 2026)
- Established
- 2006
- Offices
- 7
- Website
- www.fnbmichigan.bank
- Acquisition loans (7(a))
- 3 loans, $6.9M total, $2.3M average
- Expansion loans (504, SBA portion)
- 5 loans, $11.3M total, $2.3M average
- Approval dates
- Oct 10, 2023 to Sep 29, 2026
- Typical term (median)
- acquisition loans: 10 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 8.14% to 8.5%, median 8.50%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- All Other Plastics Product Manufacturing: 2 loans
- Machine Tool Manufacturing: 1 loan
- Motor and Generator Manufacturing: 1 loan
- Landscaping Services: 1 loan
- Site Preparation Contractors: 1 loan
Top states
- Michigan: 7 loans
- West Virginia: 1 loan
Largest deals
- Heco Wheeling Service Center, LLC, Wheeling, WV: $4,920,000 (7(a) acquisition, Nov 14, 2024)
- Echelbarger, Himebaugh, Tamm & Co., P.C., Ada, MI: $3,136,000 (504 SBA portion, Oct 10, 2023)
- Belmont Engineered Plastics, LLC, Belmont, MI: $2,207,000 (504 SBA portion, Oct 26, 2023)
- Belmont Engineered Plastics, LLC, Belmont, MI: $2,150,000 (504 SBA portion, Sep 29, 2026)
- TMD Machining, Inc., Plainwell, MI: $2,018,000 (504 SBA portion, May 19, 2026)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Belmont Engineered Plastics, LLC | Belmont, MI | All Other Plastics Product Manufacturing | Expansion | Sep 29, 2026 | $4.4M |
| TMD Machining, Inc. | Plainwell, MI | Machine Tool Manufacturing | Expansion | May 19, 2026 | $2.0M |
| Heco Wheeling Service Center, LLC | Wheeling, WV | Motor and Generator Manufacturing | Acquisition | Nov 14, 2024 | $4.9M |
| DeVisser Bros, Inc. | Traverse City, MI | Landscaping Services | Acquisition | Apr 17, 2024 | $510K |
| Lounsbury Excavating, Inc. | Paw Paw, MI | Site Preparation Contractors | Expansion | Mar 7, 2024 | $1.8M |
| I3 Business Solutions, LLC | Grand Rapids, MI | Computer Systems Design Services | Acquisition | Feb 2, 2024 | $1.5M |
| Echelbarger, Himebaugh, Tamm & Co., P.C. | Ada, MI | Offices of Certified Public Accountants | Expansion | Oct 10, 2023 | $3.1M |