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Alden State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Alden State Bank.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$5.4M

across all programs

Avg loan size

$258K

median $210K

Top industry

Drinking Places (Alcoholic Beverages)

3 loans · 14%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$5.4M

Avg size

$258K

Range

$100K – $1.1M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Drinking Places (Alcoholic Beverages)

Golf Courses and Country Clubs

"Automotive Body, Paint, and Interior Repair and Maintenance"

All Other Specialty Trade Contractors

Coin-Operated Laundries and Drycleaners

Commercial and Institutional Building Construction

Loan records · Alden State Bank

21 records

Sort:

Borrower

Location

Program

Industry

ECHO QUALITY GRINDING INC.Alden State Bank

Central Lake, MI

49622

$1,102,100

$52K

7(a)

Commercial and Institutional Building Construction

2010-02-18

Julie M. Nabozny Alden State Bank

Mancelona, MI

49659

$500,000

$250K

7(a)

Pet Care (except Veterinary) Services

2023-06-21

Hocking Holdings LLC Alden State Bank

Bellaire, MI

49615

$499,500

$71K

7(a)

"Automotive Body, Paint, and Interior Repair and Maintenance"

2023-08-16

Torch Lake Party Store, LLC Alden State Bank

Rapid City, MI

49676

$320,000

$32K

7(a)

Convenience Stores

2016-02-04

Watrous Estates LLC Alden State Bank

Central Lake, MI

49622

$295,000

$74K

7(a)

Lessors of Miniwarehouses and Self-Storage Units

2015-07-28

Timber Wolf Turf, Inc.Alden State Bank

Kalkaska, MI

49646

$260,000

$13K

7(a)

Golf Courses and Country Clubs

2010-12-03

The Flour Pot, LLC Alden State Bank

Elk Rapids, MI

49629

$250,000

$23K

7(a)

Commercial Bakeries

2015-06-23

Cabin Concierge on the 45 Alden State Bank

Gaylord, MI

49735

$225,000

$8K

7(a)

Janitorial Services

2015-10-07

N.A.L. Services Inc.Alden State Bank

South Boardman, MI

49680

$220,000

$12K

7(a)

Site Preparation Contractors

2013-12-04

Erin E. Ackler Alden State Bank

Alden, MI

49612

$220,000

$73K

7(a)

Women's Clothing Stores

2013-03-22

Cairn Side, LLC Alden State Bank

Elk Rapids, MI

49690

$210,000

$53K

7(a)

Nursing Care Facilities

2012-05-15

Ethanology L.L.C.Alden State Bank

Elk Rapids, MI

49629

$182,000

$36K

7(a)

Drinking Places (Alcoholic Beverages)

2016-06-23

Northern Michigan Docks, Inc.Alden State Bank

Bellaire, MI

49615

$150,000

$9K

7(a)

Marinas

2011-11-22

Hidden Dog Fence of Northern Michigan LLC Alden State Bank

Williamsburg, MI

49690

$148,500

$74K

7(a)

All Other Specialty Trade Contractors

2018-12-12

David J Bodziak Alden State Bank

Mancelona, MI

49659

$145,000

$36K

7(a)

Hotels (except Casino Hotels) and Motels

2014-12-04

TOUCH OF CLASS EVENTS LLC Alden State Bank

Central Lake, MI

49622

$140,000

$28K

7(a)

Limited-Service Restaurants

2015-07-28

INNATE WISDOM Alden State Bank

Rapid City, MI

49676

$130,000

$43K

7(a)

Offices of Chiropractors

2009-05-26

Curious Fox Ventures, LLC Alden State Bank

Central Lake, MI

49622

$120,000

$40K

7(a)

Coin-Operated Laundries and Drycleaners

2014-06-19

Kelly and Kevin Park Alden State Bank

Kalksaska, MI

49646

$100,000

$50K

7(a)

Drinking Places (Alcoholic Beverages)

2013-09-18

Timber Wolf Turf, Inc.Alden State Bank

Kalkaska, MI

49646

$100,000

—

7(a)

Golf Courses and Country Clubs

2015-04-21

NGL Ventures L.L.C.Alden State Bank

Elk Rapids, MI

49629

$100,000

$11K

7(a)

Drinking Places (Alcoholic Beverages)

2021-04-22

ECHO QUALITY GRINDING INC.

Central Lake, MI · 49622

$1,102,100

7(a)

Alden State Bank$52K/job · 2010-02-18

Julie M. Nabozny

Mancelona, MI · 49659

$500,000

7(a)

Alden State Bank$250K/job · 2023-06-21

Alden State Bank$71K/job · 2023-08-16

Torch Lake Party Store, LLC

Rapid City, MI · 49676

$320,000

7(a)

Alden State Bank$32K/job · 2016-02-04

Watrous Estates LLC

Central Lake, MI · 49622

$295,000

7(a)

Alden State Bank$74K/job · 2015-07-28

Timber Wolf Turf, Inc.

Kalkaska, MI · 49646

$260,000

7(a)

Alden State Bank$13K/job · 2010-12-03

The Flour Pot, LLC

Elk Rapids, MI · 49629

$250,000

7(a)

Alden State Bank$23K/job · 2015-06-23

Cabin Concierge on the 45

Gaylord, MI · 49735

$225,000

7(a)

Alden State Bank$8K/job · 2015-10-07

N.A.L. Services Inc.

South Boardman, MI · 49680

$220,000

7(a)

Alden State Bank$12K/job · 2013-12-04

Alden State Bank$73K/job · 2013-03-22

Cairn Side, LLC

Elk Rapids, MI · 49690

$210,000

7(a)

Alden State Bank$53K/job · 2012-05-15

Ethanology L.L.C.

Elk Rapids, MI · 49629

$182,000

7(a)

Alden State Bank$36K/job · 2016-06-23

Northern Michigan Docks, Inc.

Bellaire, MI · 49615

$150,000

7(a)

Alden State Bank$9K/job · 2011-11-22

Hidden Dog Fence of Northern Michigan LLC

Williamsburg, MI · 49690

$148,500

7(a)

Alden State Bank$74K/job · 2018-12-12

David J Bodziak

Mancelona, MI · 49659

$145,000

7(a)

Alden State Bank$36K/job · 2014-12-04

TOUCH OF CLASS EVENTS LLC

Central Lake, MI · 49622

$140,000

7(a)

Alden State Bank$28K/job · 2015-07-28

INNATE WISDOM

Rapid City, MI · 49676

$130,000

7(a)

Alden State Bank$43K/job · 2009-05-26

Curious Fox Ventures, LLC

Central Lake, MI · 49622

$120,000

7(a)

Alden State Bank$40K/job · 2014-06-19

Kelly and Kevin Park

Kalksaska, MI · 49646

$100,000

7(a)

Alden State Bank$50K/job · 2013-09-18

Timber Wolf Turf, Inc.

Kalkaska, MI · 49646

$100,000

7(a)

Alden State Bank2015-04-21

NGL Ventures L.L.C.

Elk Rapids, MI · 49629

$100,000

7(a)

Alden State Bank$11K/job · 2021-04-22

1–21 of 21

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Where Alden State Bank lends

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