SBA lender profile
West Shore Bank
West Shore Bank appears in the public SBA loan data with 61 funded 7(a) loans totaling $43.8M, an average of $717K per loan, and an estimated 801 jobs supported. Its SBA lending concentrates in Michigan and the Retail 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
61
Total volume
$43.8M
Average loan size
$717K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
801
Programs
7(a)
Bank profile
via FDIC- Total assets
- $828M
- Headquarters
- Ludington, MI
- FDIC cert
- #14929
- Status
- Active
Where West Shore Bank lends
Top states by funded SBA volume.
What West Shore Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 16 | $15.0M |
| Accommodation and Food Services | 10 | $6.0M |
| Administrative and Support | 7 | $6.0M |
| Manufacturing | 5 | $4.4M |
| Arts, Entertainment, Recreation | 2 | $3.1M |
| Other Services | 7 | $2.4M |
West Shore Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 3 | $1.1M |
| 2021 | 21 | $13.0M |
| 2022 | 14 | $12.4M |
| 2023 | 12 | $5.4M |
| 2024 | 11 | $11.8M |
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 West Shore 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.
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