SBA lender profile
Sturgis Bank & Trust Company
Sturgis Bank & Trust Company appears in the public SBA loan data with 8 funded 7(a) loans totaling $10.7M, an average of $1.3M per loan, and an estimated 211 jobs supported. Its SBA lending concentrates in Michigan and the Construction 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
8
Total volume
$10.7M
Average loan size
$1.3M
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
211
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.0B
- Headquarters
- Sturgis, MI
- FDIC cert
- #28593
- Status
- Active
Where Sturgis Bank & Trust Company lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 8 | $10.7M |
What Sturgis Bank & Trust Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 1 | $4.9M |
| Health Care and Social Assistance | 1 | $2.4M |
| Other Services | 2 | $1.5M |
| Manufacturing | 1 | $880K |
| Retail Trade | 1 | $734K |
| Educational Services | 1 | $250K |
Sturgis Bank & Trust Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $1.9M |
| 2021 | 1 | $880K |
| 2022 | 3 | $7.5M |
| 2024 | 1 | $305K |
| 2025 | 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 Sturgis Bank & Trust Company'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.
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