SBA lender profile
Eastern Michigan Bank
Eastern Michigan Bank appears in the public SBA loan data with 4 funded 7(a) loans totaling $1.6M, an average of $404K per loan, and an estimated 114 jobs supported. Its SBA lending concentrates in Michigan and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
4
Total volume
$1.6M
Average loan size
$404K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
114
Programs
7(a)
Bank profile
via FDIC- Total assets
- $568M
- Headquarters
- Croswell, MI
- FDIC cert
- #982
- Status
- Active
Where Eastern Michigan Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 4 | $1.6M |
What Eastern Michigan Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 1 | $770K |
| Arts, Entertainment, Recreation | 1 | $675K |
| Transportation and Warehousing | 1 | $100K |
| Other Services | 1 | $70K |
Eastern Michigan Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $840K |
| 2021 | 1 | $675K |
| 2022 | 1 | $100K |
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 Eastern Michigan Bank'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.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.