SBA lender profile
Homestead Savings Bank
Homestead Savings Bank appears in the public SBA loan data with 6 funded 7(a) loans since FY2010, totaling $9.0M, an average of $1.5M per loan, and an estimated 143 jobs supported. Its SBA lending concentrates in Michigan and the Accommodation and Food Services sector. With only 6 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 Homestead Savings Bank the right lender for you?
Homestead Savings Bank appears in the SBA record with 6 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
- $73M
- Headquarters
- Albion, MI
- FDIC cert
- #28667
- Status
- Active
Where Homestead Savings Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 6 | $9.0M |
Metro areas where Homestead Savings Bank funds
What Homestead Savings Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 3 | $4.0M |
| Retail Trade | 2 | $3.3M |
| Mining and Extraction | 1 | $1.8M |
Homestead Savings Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2017 | 2 | $3.3M |
| 2018 | 1 | $1.8M |
| 2020 | 1 | $2.2M |
| 2021 | 1 | $1.0M |
| 2022 | 1 | $725K |
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.
Homestead Savings Bank: frequently asked questions
Does Homestead Savings Bank offer SBA loans?
Yes. Homestead Savings Bank appears in the public SBA data with 6 funded SBA 7(a) loans totaling $9.0M.
How many SBA loans has Homestead Savings Bank made?
Homestead Savings Bank is associated with 6 SBA 7(a) loans totaling $9.0M in the public SBA data (as of 2026-03-31).
What is Homestead Savings Bank's SBA charge-off rate?
Homestead Savings Bank appears with only 6 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 Homestead Savings Bank do most of its SBA lending?
Homestead 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). Homestead Savings Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/homestead-savings-bank/
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