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SBA Loans in Elk Rapids, MI

Explore recent SBA 7(a) and 504 lending activity in Elk Rapids. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans
61
all programs
Approved $
$26.7M
last 24 months
Avg loan
$438K
median $245K
Active lenders
15
approved here
Jobs supported
795
cumulative

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ELK RAPIDS · 61 LOANS

Top lenders in Elk Rapids

The Huntington National Bank
24
Fifth Third Bank
5
Independent Bank
5
Live Oak Banking Company
5
Michigan Certified Development Corporation
5
Alden State Bank
4

Top industries in Elk Rapids

Full-Service Restaurants
5
Breweries
4
New Single-Family Housing Construction (except Operative Builders)
3
Beauty Salons
2
Drinking Places (Alcoholic Beverages)
2
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Loan records · Elk Rapids, MI
61 records
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Short's Brewing Company LLC
Elk Rapids, MI · 49629
$2,500,000
7(a)
Live Oak Banking Company$19K/job · 2015-06-11
Short's Brewing Company, LLC
Elk Rapids, MI · 49629
$2,500,000
7(a)
Live Oak Banking Company$19K/job · 2015-04-30
CHERRY CAPITAL COMMUNICATIONS
Elk Rapids, MI · 49629
$2,400,000
7(a)
Live Oak Banking Company$160K/job · 2024-02-13
CHERRY CAPITAL COMMUNICATIONS
Elk Rapids, MI · 49629
$2,275,000
7(a)
Live Oak Banking Company$134K/job · 2025-07-30
CHERRY CAPITAL COMMUNICATIONS
Elk Rapids, MI · 49629
$1,710,000
7(a)
Live Oak Banking Company$57K/job · 2022-07-29
MLB Acquisition, LLC
Elk Rapids, MI · 49629
$1,334,000
7(a)
The Huntington National Bank$89K/job · 2021-02-20
Justvisiting, LLC
Elk Rapids, MI · 49629
$1,123,000
504
Michigan Certified Development Corporation$140K/job · 2023-04-14
Short's Brewing Company
Elk Rapids, MI · 49629
$962,000
504
Michigan Certified Development Corporation$32K/job · 2014-07-10
Gilchrist Properties, LLC
Elk Rapids, MI · 49629
$890,000
7(a)
Readycap Lending, LLC$223K/job · 2004-12-29
Short's Brewing Company
Elk Rapids, MI · 49629
$775,000
7(a)
The Huntington National Bank$22K/job · 2009-09-08
Kathleen Kaczan
Elk Rapids, MI · 49648
$750,000
7(a)
The Huntington National Bank$107K/job · 2006-06-01
151 RIVER ST., LC and M S PETERSON, LC
Elk Rapids, MI · 49629
$700,000
7(a)
First National Bank of America$17K/job · 2007-05-08
BONFITZ ACQUISITION LLC.
Elk Rapids, MI · 49629
$572,700
7(a)
Colony Bank$95K/job · 2022-07-12
HOMETOWN HARDWARES, INC.
Elk Rapids, MI · 49629
$541,000
504
Michigan Certified Development Corporation$21K/job · 1996-09-30
White Birch Lodge LLC
Elk Rapids, MI · 49629
$524,000
7(a)
The Huntington National Bank$10K/job · 2010-05-12
VRC Protx LLC
Elk Rapids, MI · 49629
$425,000
504
B:Side Capital$43K/job · 2013-07-02
Wooden Hammer ltd.
Elk Rapids, MI · 49629
$400,000
7(a)
The Huntington National Bank$13K/job · 2007-05-01
SI GRAND TRAVERSE LLC
Elk Rapids, MI · 49629
$390,000
7(a)
The Huntington National Bank$13K/job · 2005-10-24
MLB Acquisition, LLC
Elk Rapids, MI · 49629
$350,000
7(a)
The Huntington National Bank$350K/job · 2023-11-16
THE RIVERWALK GRILL AND PUB
Elk Rapids, MI · 49629
$346,000
504
Great Lakes Commercial Finance$346K/job · 2006-02-28
ELK RAPIDS HEALTH CARE PLAZA, LLC
Elk Rapids, MI · 49629
$335,000
7(a)
Independent Bank$335K/job · 2010-04-15
Wooden Hammer ltd.
Elk Rapids, MI · 49690
$300,000
7(a)
The Huntington National Bank$10K/job · 2007-05-01
JOHN S. KOCH
Elk Rapids, MI · 49629
$266,000
504
Great Lakes Commercial Finance2012-01-03
The Flour Pot, LLC
Elk Rapids, MI · 49629
$250,000
7(a)
Alden State Bank$23K/job · 2015-06-23
Cherry Capital Connection, LLC
Elk Rapids, MI · 49629
$250,000
7(a)
4Front Credit Union$25K/job · 2021-02-09
1–25 of 61
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