Grand River Bank approved 16 SBA loans worth $6.6M between October 2021 and June 2026, ranking #980 of 2,283 SBA lenders nationally by loan count. Its median loan was $318,100, and 6% went to startups or businesses under two years old. It lent in 2 states, most often in Michigan, and its most financed industry was construction.
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 6 | $266,350 | |
| Manufacturing | 3 | $350,000 | |
| Finance and insurance | 2 | $373,500 | |
| Other services (repair, personal care) | 2 | $280,600 | |
| Professional and technical services | 1 | $300,000 | |
| Retail | 1 | $125,000 | |
| Wholesale trade | 1 | $1,000,000 |