US Lender Metrics
    Get a Lender Match
    Home › Lender directory › MI Bank
    Bank · Bloomfield Township, MI

    MI Bank: SBA lending profile

    SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
    15
    SBA loans approved
    $9.5M
    Total approved
    $325,200
    Median loan
    2
    States lent in
    60%
    To startups
    #1020
    National rank by loans

    MI Bank approved 15 SBA loans worth $9.5M between October 2021 and June 2026, ranking #1020 of 2,283 SBA lenders nationally by loan count. Its median loan was $325,200, and 60% went to startups or businesses under two years old. It lent in 2 states, most often in Michigan, and its most financed industry was arts, entertainment and recreation.

    SBA loans per fiscal year

    0246FY14FY15FY16FY17FY18FY19FY20: 2 loansFY20FY21: 3 loansFY21FY22: 3 loansFY22FY23: 3 loansFY23FY24: 3 loansFY24FY25: 5 loansFY255FY26 (Oct to Jun): 1 loansFY261
    Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

    Where MI Bank lends

    StateLoansApprovedMedian loanRank in state
    Michigan14$7.3M$312,600#79
    New Jersey1$2.2M$2,205,000#199

    Industries MI Bank finances

    IndustryLoansShareMedian loan
    Arts, entertainment and recreation3
    20%
    		$700,000
    Real estate and rental3
    20%
    		$470,500
    Other services (repair, personal care)3
    20%
    		$162,000
    Restaurants and hotels3
    20%
    		$344,000
    Administrative and support services1
    7%
    		$2,008,000
    Health care and social assistance1
    7%
    		$325,200
    Retail1
    7%
    		$300,000
    Loan size mix
    • Under $150,00013%
    • $150,000 to $500,00053%
    • $500,000 to $2 million20%
    • $2 million and up13%
    Loan programs used
    • Standard 7(a)80%
    • SBA Express20%
    SBA Lenders by StateLender DirectoryLender MatchMethodologyAboutPrivacyTermsDisclaimerContact
    Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.