SBA lender profile
Signature Bank
Signature Bank appears in the public SBA loan data with 33 funded 7(a) loans totaling $40.7M, an average of $1.2M per loan, and an estimated 870 jobs supported. Its SBA lending concentrates in Illinois and the Wholesale Trade 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
33
Total volume
$40.7M
Average loan size
$1.2M
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
870
Programs
7(a)
Bank profile
via FDIC- Total assets
- $230M
- Headquarters
- Bad Axe, MI
- FDIC cert
- #10936
- Status
- Inactive
Where Signature Bank lends
Top states by funded SBA volume.
What Signature Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Wholesale Trade | 2 | $9.5M |
| Manufacturing | 6 | $9.1M |
| Construction | 8 | $9.0M |
| Educational Services | 1 | $3.6M |
| Transportation and Warehousing | 2 | $3.2M |
| Administrative and Support | 5 | $3.1M |
Signature Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 14 | $21.7M |
| 2021 | 2 | $400K |
| 2022 | 8 | $10.1M |
| 2023 | 3 | $2.6M |
| 2024 | 2 | $775K |
| 2025 | 2 | $500K |
| 2026 | 2 | $4.7M |
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 Signature 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.