SBA lender profile
MI Bank
MI Bank appears in the public SBA loan data with 19 funded 7(a) loans since FY2010, totaling $12.0M, an average of $630K per loan, and an estimated 538 jobs supported. Its SBA lending concentrates in Michigan and the Arts, Entertainment, Recreation sector. With only 19 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 MI Bank the right lender for you?
MI Bank appears in the SBA record with 19 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
- $257M
- Headquarters
- Bloomfield Township, MI
- FDIC cert
- #59138
- Status
- Active
Where MI Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 18 | $9.8M |
| New Jersey | 1 | $2.2M |
What MI Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Arts, Entertainment, Recreation | 3 | $3.0M |
| Administrative and Support | 1 | $2.0M |
| Accommodation and Food Services | 3 | $1.9M |
| Other Services | 6 | $1.7M |
| Real Estate | 3 | $1.6M |
| Health Care and Social Assistance | 2 | $1.4M |
MI Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $890K |
| 2021 | 3 | $1.8M |
| 2022 | 3 | $1.9M |
| 2023 | 3 | $3.9M |
| 2024 | 3 | $2.4M |
| 2025 | 5 | $1.1M |
Related SBA lenders
Other lenders active in Michigan or in Arts, Entertainment, Recreation.
Comparing lenders? See how to choose an SBA lender by track record.
MI Bank: frequently asked questions
Does MI Bank offer SBA loans?
Yes. MI Bank appears in the public SBA data with 19 funded SBA 7(a) loans totaling $12.0M.
How many SBA loans has MI Bank made?
MI Bank is associated with 19 SBA 7(a) loans totaling $12.0M in the public SBA data (as of 2026-03-31).
What is MI Bank's SBA charge-off rate?
MI Bank appears with only 19 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 MI Bank do most of its SBA lending?
MI Bank's SBA lending in the data is most concentrated in Michigan, and by industry in Arts, Entertainment, Recreation.
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). MI Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/mi-bank/
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