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SBA lender profile

Citizens National Bank of Cheboygan

Citizens National Bank of Cheboygan appears in the public SBA loan data with 43 funded 7(a) loans since FY2010, totaling $15.3M, an average of $355K per loan, and an estimated 458 jobs supported. Its SBA lending concentrates in Michigan and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 2.3%.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 72
Scale 25
Activity 49
Consistency 58

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
43
Since FY2010
Total volume
$15.3M
Average loan size
$355K
7(a) charge-off rate
2.3%
Share of 7(a) loans charged off
Jobs supported (reported)
458
Programs
7(a)

Is Citizens National Bank of Cheboygan the right lender for you?

Lenders fund what they know. Citizens National Bank of Cheboygan's SBA lending concentrates in Michigan (43 loans) and Accommodation and Food Services (13 loans), at an average loan of $355K. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$464M
Headquarters
Cheboygan, MI
FDIC cert
#5018
Status
Active

Where Citizens National Bank of Cheboygan lends

Top states by funded SBA volume.

StateLoansTotal volume
Michigan 43 $15.3M

Metro areas where Citizens National Bank of Cheboygan funds

What Citizens National Bank of Cheboygan funds

Top industries by funded SBA volume.

Citizens National Bank of Cheboygan SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20151$311K
20173$725K
20187$1.5M
20191$99K
20204$2.0M
20215$1.1M
20229$3.6M
20234$1.4M
20243$657K
20256$3.8M

Related SBA lenders

Other lenders active in Michigan or in Accommodation and Food Services.

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Citizens National Bank of Cheboygan: frequently asked questions

Does Citizens National Bank of Cheboygan offer SBA loans?

Yes. Citizens National Bank of Cheboygan appears in the public SBA data with 43 funded SBA 7(a) loans totaling $15.3M.

How many SBA loans has Citizens National Bank of Cheboygan made?

Citizens National Bank of Cheboygan is associated with 43 SBA 7(a) loans totaling $15.3M in the public SBA data (as of 2026-03-31).

What is Citizens National Bank of Cheboygan's SBA charge-off rate?

About 2.3% of Citizens National Bank of Cheboygan's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Citizens National Bank of Cheboygan do most of its SBA lending?

Citizens National Bank of Cheboygan's SBA lending in the data is most concentrated in Michigan, and by industry in Accommodation and Food Services.

For Citizens National Bank of Cheboygan

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.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Citizens National Bank of Cheboygan's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Citizens National Bank of Cheboygan SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/citizens-national-bank-of-cheboygan/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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