SBA lending by metro area
SBA lenders in Bay City, MI
Which lenders fund Bay City-area businesses, how much, and how the market compares with Michigan: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Bay City area
Ranked by SBA volume funded to businesses located in the Bay City metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 106 | $18.1M | $170K | 2.83% |
| 2 | 1st State Bank | 34 | $10.3M | $304K | 2.94% |
| 3 | Michigan Certified Development Corporation | 23 | $8.5M | $368K | not reported |
| 4 | ChoiceOne Bank | 12 | $3.3M | $275K | not reported |
| 5 | Fifth Third Bank | 6 | $2.7M | $444K | not reported |
| 6 | Wildfire CU | 6 | $1.5M | $249K | not reported |
| 7 | Independent Bank | 7 | $1.3M | $182K | not reported |
| 8 | PNC Bank, National Association | 6 | $982K | $164K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Bay City compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Bay City area | $143K ▲ 14.0% | 10.4% ▲ 2.2 pts |
| Michigan | $125K | 8.3% |
| United States | $179K | 11.2% |
What gets funded in Bay City
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 46 | $26.8M |
| Health Care and Social Assistance | 34 | $15.9M |
| Other Services | 24 | $9.1M |
| Retail Trade | 40 | $7.8M |
| Professional and Technical Services | 14 | $5.3M |
| Manufacturing | 22 | $5.1M |
| Construction | 30 | $3.5M |
| Finance and Insurance | 12 | $3.4M |
SBA lending in Bay City by year
Geography, precisely
"Bay City area" here means the Bay City, MI metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Bay County, MI. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.