SBA lender profile
Michigan First Credit Union
Michigan First Credit Union appears in the public SBA loan data with 1 funded 7(a) loan totaling $536K, an average of $536K per loan, and an estimated 19 jobs supported. Its SBA lending concentrates in Michigan and the Transportation and Warehousing 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
1
Total volume
$536K
Average loan size
$536K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
19
Programs
7(a)
Where Michigan First Credit Union lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 1 | $536K |
What Michigan First Credit Union funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Transportation and Warehousing | 1 | $536K |
Michigan First Credit Union SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2022 | 1 | $536K |
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 Michigan First Credit Union'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.