SBA lender profile
Citizens National Bank of Cheboygan
Citizens National Bank of Cheboygan appears in the public SBA loan data with 31 funded 7(a) loans totaling $12.6M, an average of $407K per loan, and an estimated 367 jobs supported. Its SBA lending concentrates in Michigan and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 3.2%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
31
Total volume
$12.6M
Average loan size
$407K
Charge-off rate
3.2%
Share of funded loans charged off
Jobs supported (reported)
367
Programs
7(a)
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.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 31 | $12.6M |
What Citizens National Bank of Cheboygan funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 10 | $3.9M |
| Construction | 6 | $3.1M |
| Other Services | 3 | $2.4M |
| Administrative and Support | 3 | $991K |
| Health Care and Social Assistance | 2 | $593K |
| Retail Trade | 1 | $547K |
Citizens National Bank of Cheboygan SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 4 | $2.0M |
| 2021 | 5 | $1.1M |
| 2022 | 9 | $3.6M |
| 2023 | 4 | $1.4M |
| 2024 | 3 | $657K |
| 2025 | 6 | $3.8M |
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 funded loans marked charged off across all of its
loans in the data; 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.
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