SBA Loans in Rapid River, MI

Explore recent SBA 7(a) and 504 lending activity in Rapid River. 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

all programs

Approved $

$5.5M

last 24 months

Avg loan

$289K

median $245K

Active lenders

approved here

Jobs supported

cumulative

Loan activity map

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RAPID RIVER · 19 LOANS

Top lenders in Rapid River

Wells Fargo Bank National Association

Baybank

Capital One, National Association

First Bank, Upper Michigan

Michigan Certified Development Corporation

Nicolet National Bank

Top industries in Rapid River

Logging

Gasoline Stations with Convenience Stores

"Specialized Freight (except Used Goods) Trucking, Local"

All Other Miscellaneous Nonmetallic Mineral Product Manufacturing

Convenience Stores

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Loan records · Rapid River, MI

19 records

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Borrower

Location

Program

Industry

POMEROY FOREST PRODUCTS, INC.Baybank

Rapid River, MI

49878

$1,040,900

$130K

7(a)

Logging

2010-12-10

RAPID RIVER LAND, LLC Wells Fargo Bank National Association

Rapid River, MI

49878

$765,000

—

7(a)

—

1999-03-31

CREATIVE COMPOSITE CONCEPTS &The State Savings Bank of Manistique

Rapid River, MI

49878

$485,000

—

7(a)

All Other Miscellaneous Nonmetallic Mineral Product Manufacturing

2005-07-26

PLC USA, Inc.First Bank, Upper Michigan

Rapid River, MI

49878

$460,000

$21K

7(a)

Engineered Wood Member (except Truss) Manufacturing

2008-08-13

GREEN LAWN LIQUID FERTILIZING, LLC Baybank

Rapid River, MI

49878

$380,000

$48K

7(a)

Landscaping Services

2010-10-05

Bolda Properties, LLC Nicolet National Bank

Rapid River, MI

49878

$325,000

$30K

7(a)

Convenience Stores

2019-10-01

RAPID RIVER SERVICES, INC.Wells Fargo Bank National Association

Rapid River, MI

49878

$312,000

—

7(a)

—

1996-02-29

RAPID RIVER MINI MART INC Michigan Certified Development Corporation

Rapid River, MI

49878

$298,000

$25K

504

Gasoline Stations with Convenience Stores

2005-09-09

SALL-MAR MOTEL & CABINS Wells Fargo Bank National Association

Rapid River, MI

49878

$229,000

—

7(a)

—

1995-05-09

ST. JACQUES GROCERY, INC.Wells Fargo Bank National Association

Rapid River, MI

49878

$225,000

—

7(a)

—

1997-12-08

TED NELSON FOREST PRODUCTS Baybank

Rapid River, MI

49878

$217,620

—

7(a)

Logging

1997-04-24

RAPID RIVER MINI MART Wells Fargo Bank National Association

Rapid River, MI

49878

$182,107

—

7(a)

—

1993-10-08

DUANE F. PROEHL FOREST PRODUCT Baybank

Rapid River, MI

49878

$163,500

—

7(a)

Logging

1996-05-24

RAPID RIVER A&W, INC.Wells Fargo Bank National Association

Rapid River, MI

49878

$86,000

—

7(a)

—

1997-06-25

KORY A. WILS TRUCKING Baybank

Rapid River, MI

49878

$85,500

$86K

7(a)

"Specialized Freight (except Used Goods) Trucking, Local"

2009-10-30

RAPID RIVER MINI MART Wells Fargo Bank National Association

Rapid River, MI

49878

$75,000

$6K

7(a)

Gasoline Stations with Convenience Stores

2005-12-15

Debra Anderson Wells Fargo Bank National Association

Rapid River, MI

49878

$59,500

—

7(a)

—

1997-08-28

YOOPER SEPTIC & WASTE DISPOSAL SERVICES, LLC Baybank

Rapid River, MI

49878

$55,000

$55K

7(a)

Septic Tank and Related Services

2009-11-21

BERGERON MARINE Capital One, National Association

Rapid River, MI

49878

$50,000

$13K

7(a)

Motorcycle Dealers

2007-03-09

POMEROY FOREST PRODUCTS, INC.

Rapid River, MI · 49878

$1,040,900

7(a)

Baybank$130K/job · 2010-12-10

RAPID RIVER LAND, LLC

Rapid River, MI · 49878

$765,000

7(a)

Wells Fargo Bank National Association1999-03-31

CREATIVE COMPOSITE CONCEPTS &

Rapid River, MI · 49878

$485,000

7(a)

The State Savings Bank of Manistique2005-07-26

PLC USA, Inc.

Rapid River, MI · 49878

$460,000

7(a)

First Bank, Upper Michigan$21K/job · 2008-08-13

GREEN LAWN LIQUID FERTILIZING, LLC

Rapid River, MI · 49878

$380,000

7(a)

Baybank$48K/job · 2010-10-05

Bolda Properties, LLC

Rapid River, MI · 49878

$325,000

7(a)

Nicolet National Bank$30K/job · 2019-10-01

RAPID RIVER SERVICES, INC.

Rapid River, MI · 49878

$312,000

7(a)

Wells Fargo Bank National Association1996-02-29

RAPID RIVER MINI MART INC

Rapid River, MI · 49878

$298,000

504

Michigan Certified Development Corporation$25K/job · 2005-09-09

SALL-MAR MOTEL & CABINS

Rapid River, MI · 49878

$229,000

7(a)

Wells Fargo Bank National Association1995-05-09

ST. JACQUES GROCERY, INC.

Rapid River, MI · 49878

$225,000

7(a)

Wells Fargo Bank National Association1997-12-08

TED NELSON FOREST PRODUCTS

Rapid River, MI · 49878

$217,620

7(a)

Baybank1997-04-24

RAPID RIVER MINI MART

Rapid River, MI · 49878

$182,107

7(a)

Wells Fargo Bank National Association1993-10-08

DUANE F. PROEHL FOREST PRODUCT

Rapid River, MI · 49878

$163,500

7(a)

Baybank1996-05-24

RAPID RIVER A&W, INC.

Rapid River, MI · 49878

$86,000

7(a)

Wells Fargo Bank National Association1997-06-25

KORY A. WILS TRUCKING

Rapid River, MI · 49878

$85,500

7(a)

Baybank$86K/job · 2009-10-30

RAPID RIVER MINI MART

Rapid River, MI · 49878

$75,000

7(a)

Wells Fargo Bank National Association$6K/job · 2005-12-15

Debra Anderson

Rapid River, MI · 49878

$59,500

7(a)

Wells Fargo Bank National Association1997-08-28

YOOPER SEPTIC & WASTE DISPOSAL SERVICES, LLC

Rapid River, MI · 49878

$55,000

7(a)

Baybank$55K/job · 2009-11-21

BERGERON MARINE

Rapid River, MI · 49878

$50,000

7(a)

Capital One, National Association$13K/job · 2007-03-09

1–19 of 19

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