SBA lender profile
Central Savings Bank
Central Savings Bank appears in the public SBA loan data with 13 funded 7(a) loans since FY2010, totaling $13.7M, an average of $1.1M per loan, and an estimated 308 jobs supported. Its SBA lending concentrates in Michigan and the Accommodation and Food Services sector. With only 13 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
Is Central Savings Bank the right lender for you?
Central Savings Bank appears in the SBA record with 13 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $488M
- Headquarters
- Sault Sainte Marie, MI
- FDIC cert
- #1095
- Status
- Active
Where Central Savings Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 13 | $13.7M |
Metro areas where Central Savings Bank funds
What Central Savings Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 3 | $7.0M |
| Retail Trade | 4 | $3.6M |
| Other Services | 2 | $1.5M |
| Construction | 3 | $989K |
| Health Care and Social Assistance | 1 | $593K |
Central Savings Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 1 | $593K |
| 2011 | 1 | $1.2M |
| 2012 | 1 | $4.1M |
| 2017 | 1 | $97K |
| 2018 | 1 | $2.8M |
| 2021 | 1 | $1.5M |
| 2022 | 5 | $1.9M |
| 2023 | 2 | $1.5M |
Related SBA lenders
Other lenders active in Michigan or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Central Savings Bank: frequently asked questions
Does Central Savings Bank offer SBA loans?
Yes. Central Savings Bank appears in the public SBA data with 13 funded SBA 7(a) loans totaling $13.7M.
How many SBA loans has Central Savings Bank made?
Central Savings Bank is associated with 13 SBA 7(a) loans totaling $13.7M in the public SBA data (as of 2026-03-31).
What is Central Savings Bank's SBA charge-off rate?
Central Savings Bank appears with only 13 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.
Where does Central Savings Bank do most of its SBA lending?
Central Savings Bank's SBA lending in the data is most concentrated in Michigan, and by industry in Accommodation and Food Services.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Central Savings Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/central-savings-bank/
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