Bank of Ann Arbor approved 37 SBA loans worth $34.1M between October 2021 and June 2026, ranking #655 of 2,283 SBA lenders nationally by loan count. Its median loan was $500,000, and 32% went to startups or businesses under two years old. It lent in 3 states, most often in Michigan, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Michigan | 35 | $30.0M | $500,000 | #38 |
| Texas | 1 | $3.1M | $3,053,200 | #385 |
| Wisconsin | 1 | $1.0M | $1,035,000 | #230 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 7 | $1,035,000 | |
| Health care and social assistance | 5 | $650,500 | |
| Administrative and support services | 4 | $308,300 | |
| Retail | 4 | $707,500 | |
| Wholesale trade | 4 | $425,000 | |
| Other services (repair, personal care) | 3 | $288,200 | |
| Construction | 3 | $451,600 | |
| Professional and technical services | 3 | $200,000 | |
| Manufacturing | 2 | $1,418,950 | |
| Arts, entertainment and recreation | 1 | $3,283,500 |