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1st State Bank
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Public profile — unclaimed
1st State Bank — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for 1st State Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
140
2010 – 2025
Approved $
$46.9M
across all programs
Avg loan size
$335K
median $196K
Top industry
"General Freight Trucking, Local"
6 loans · 4%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
140
Approved
$46.9M
Avg size
$335K
Range
$10K – $5.0M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
"General Freight Trucking, Local"
6
Home Furnishing Merchant Wholesalers
6
Limited-Service Restaurants
5
"Automotive Body, Paint, and Interior Repair and Maintenance"
4
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
4
Convenience Stores
4
Loan records · 1st State Bank
140 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Valley Electrical Contractors, Inc.
1st State Bank
Midland, MI
48642
$4,950,000
$34K
7(a)
Electrical Contractors
2020-09-03
Swan Creek Shop N Go Inc
1st State Bank
Saginaw, MI
48609
$2,685,500
$384K
7(a)
Gasoline Stations with Convenience Stores
2025-05-09
Serenus Johnson Portables, LLC
1st State Bank
Midland, MI
48642
$2,023,800
$1.0M
7(a)
Commercial and Institutional Building Construction
2016-09-08
Gerace Construction Company, Inc.
1st State Bank
Midland, MI
48640
$1,650,000
$59K
7(a)
Commercial and Institutional Building Construction
2021-11-12
Mercury Network Corporation
1st State Bank
Midland, MI
48640
$1,085,500
$78K
7(a)
Wired Telecommunications Carriers
2020-09-21
Northline Management, Inc.
1st State Bank
Fenton, MI
48430
$1,056,200
$352K
7(a)
"Beer, Wine, and Liquor Stores"
2015-07-28
Tri-City Cheese & Meats Inc.
1st State Bank
Kawkawlin, MI
48631
$1,032,000
$38K
7(a)
Rendering and Meat Byproduct Processing
2020-10-27
SOLUTIONS 4 AUTOMATION INC
1st State Bank
Saginaw, MI
48602
$1,030,000
$61K
7(a)
Engineering Services
2012-06-29
JFKM INC
1st State Bank
Bay City, MI
48706
$920,000
$230K
7(a)
Hotels (except Casino Hotels) and Motels
2024-05-17
Busard Hospitality, LLC
1st State Bank
Midland, MI
48642
$903,000
$36K
7(a)
Full-Service Restaurants
2025-05-01
North Gera, LLC
1st State Bank
Saginaw, MI
48601
$872,000
$58K
7(a)
"Automotive Body, Paint, and Interior Repair and Maintenance"
2020-09-09
Northway Insurance Agency, LLC
1st State Bank
Bay City, MI
48708
$850,000
$121K
7(a)
Insurance Agencies and Brokerages
2020-09-02
Crosby Real Estate, Incorporated
1st State Bank
Midland, MI
48640
$760,500
$761K
7(a)
Lessors of Nonresidential Buildings (except Miniwarehouses)
2021-05-10
MICHIGAN AGRIBUSINESS SOLUTIONS LLC
1st State Bank
Saginaw, MI
48609
$750,000
$42K
7(a)
Other Nonhazardous Waste Treatment and Disposal
2017-04-19
Tri-City Kids Pediatric Dentistry, PC
1st State Bank
Bay City, MI
48708
$746,000
—
7(a)
Offices of Dentists
2019-04-18
Champion Mechanical, LLC
1st State Bank
Marietta, GA
30062
$711,000
$237K
7(a)
"Plumbing, Heating, and Air-Conditioning Contractors"
2025-01-08
Mid-Michigan Periodontics & Dental Implants, PC
1st State Bank
Bay City, MI
48708
$711,000
$711K
7(a)
Offices of Dentists
2019-04-18
L & L MACHINE TOOL, INC.
1st State Bank
Grand Blanc, MI
48480
$665,000
$13K
7(a)
Machine Shops
2012-12-18
K&R Armory LLC
1st State Bank
Bay City, MI
48706
$640,000
$40K
7(a)
Sporting Goods Stores
2022-03-15
RES Enterprises LLC
1st State Bank
Bay City, MI
48707
$573,800
$23K
7(a)
Limited-Service Restaurants
2016-08-29
MALLEK LLC
1st State Bank
Saginaw, MI
48638
$551,200
$50K
7(a)
Full-Service Restaurants
2021-09-23
MCCARTY WINE AND CHEESE
1st State Bank
Saginaw, MI
48603
$525,000
$263K
7(a)
"Beer, Wine, and Liquor Stores"
2007-10-05
County Line Power, LLC
1st State Bank
Hope, MI
48628
$510,400
$20K
7(a)
Electrical Contractors
2022-05-13
Bugfish Team Holdings, LLC and Homestead Elements LLC
1st State Bank
Saginaw, MI
48603
$500,000
$42K
7(a)
Home Furnishing Merchant Wholesalers
2024-12-18
Advanced Total Wound Care LLC
1st State Bank
Bay City, MI
48706
$500,000
$83K
7(a)
"Offices of Physicians, Mental Health Specialists"
2021-04-12
Valley Electrical Contractors, Inc.
Midland, MI · 48642
$4,950,000
7(a)
1st State Bank
$34K/job · 2020-09-03
Swan Creek Shop N Go Inc
Saginaw, MI · 48609
$2,685,500
7(a)
1st State Bank
$384K/job · 2025-05-09
Serenus Johnson Portables, LLC
Midland, MI · 48642
$2,023,800
7(a)
1st State Bank
$1.0M/job · 2016-09-08
Gerace Construction Company, Inc.
Midland, MI · 48640
$1,650,000
7(a)
1st State Bank
$59K/job · 2021-11-12
Mercury Network Corporation
Midland, MI · 48640
$1,085,500
7(a)
1st State Bank
$78K/job · 2020-09-21
Northline Management, Inc.
Fenton, MI · 48430
$1,056,200
7(a)
1st State Bank
$352K/job · 2015-07-28
Tri-City Cheese & Meats Inc.
Kawkawlin, MI · 48631
$1,032,000
7(a)
1st State Bank
$38K/job · 2020-10-27
SOLUTIONS 4 AUTOMATION INC
Saginaw, MI · 48602
$1,030,000
7(a)
1st State Bank
$61K/job · 2012-06-29
JFKM INC
Bay City, MI · 48706
$920,000
7(a)
1st State Bank
$230K/job · 2024-05-17
Busard Hospitality, LLC
Midland, MI · 48642
$903,000
7(a)
1st State Bank
$36K/job · 2025-05-01
North Gera, LLC
Saginaw, MI · 48601
$872,000
7(a)
1st State Bank
$58K/job · 2020-09-09
Northway Insurance Agency, LLC
Bay City, MI · 48708
$850,000
7(a)
1st State Bank
$121K/job · 2020-09-02
Crosby Real Estate, Incorporated
Midland, MI · 48640
$760,500
7(a)
1st State Bank
$761K/job · 2021-05-10
MICHIGAN AGRIBUSINESS SOLUTIONS LLC
Saginaw, MI · 48609
$750,000
7(a)
1st State Bank
$42K/job · 2017-04-19
Tri-City Kids Pediatric Dentistry, PC
Bay City, MI · 48708
$746,000
7(a)
1st State Bank
2019-04-18
Champion Mechanical, LLC
Marietta, GA · 30062
$711,000
7(a)
1st State Bank
$237K/job · 2025-01-08
Mid-Michigan Periodontics & Dental Implants, PC
Bay City, MI · 48708
$711,000
7(a)
1st State Bank
$711K/job · 2019-04-18
L & L MACHINE TOOL, INC.
Grand Blanc, MI · 48480
$665,000
7(a)
1st State Bank
$13K/job · 2012-12-18
K&R Armory LLC
Bay City, MI · 48706
$640,000
7(a)
1st State Bank
$40K/job · 2022-03-15
RES Enterprises LLC
Bay City, MI · 48707
$573,800
7(a)
1st State Bank
$23K/job · 2016-08-29
MALLEK LLC
Saginaw, MI · 48638
$551,200
7(a)
1st State Bank
$50K/job · 2021-09-23
MCCARTY WINE AND CHEESE
Saginaw, MI · 48603
$525,000
7(a)
1st State Bank
$263K/job · 2007-10-05
County Line Power, LLC
Hope, MI · 48628
$510,400
7(a)
1st State Bank
$20K/job · 2022-05-13
Bugfish Team Holdings, LLC and Homestead Elements LLC
Saginaw, MI · 48603
$500,000
7(a)
1st State Bank
$42K/job · 2024-12-18
Advanced Total Wound Care LLC
Bay City, MI · 48706
$500,000
7(a)
1st State Bank
$83K/job · 2021-04-12
1–25 of 140
Page 1 of 6
Where 1st State Bank lends
APPROVAL CONCENTRATION
TOP STATES
MI
138
GA
1
NV
1