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First State Bank — SBA Loan Activity

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

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

124

2010 – 2025

Approved $

$57.4M

across all programs

Avg loan size

$463K

median $250K

Top industry

Full-Service Restaurants

7 loans · 6%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

124

Approved

$57.4M

Avg size

$463K

Range

$25K – $3.4M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Full-Service Restaurants

All Other Miscellaneous Manufacturing

Limited-Service Restaurants

"Special Die and Tool, Die Set, Jig, and Fixture Manufacturing"

All Other Miscellaneous Fabricated Metal Product Manufacturing

All Other Plastics Product Manufacturing

Loan records · First State Bank

124 records

Sort:

Borrower

Location

Program

Industry

Michaels & Associates, Inc.First State Bank

Grand Rapids, MI

49512

$3,400,000

—

7(a)

General Line Grocery Merchant Wholesalers

2012-08-27

Complete Prototype Services, Inc.First State Bank

Clinton Township, MI

48036

$3,346,900

$19K

7(a)

"All Other Professional, Scientific, and Technical Services"

2024-01-06

Matick Family, LLC First State Bank

Redford, MI

48239

$2,900,000

$26K

7(a)

New Car Dealers

2012-04-27

George Matick Chevrolet, Inc.First State Bank

Redford, MI

48239

$2,100,000

—

7(a)

New Car Dealers

2013-04-12

Stor Your Stuf, Inc.First State Bank

Washington, MI

48095

$2,100,000

$2.1M

7(a)

Lessors of Miniwarehouses and Self-Storage Units

2013-11-11

ROJO ONE LLC; ROJO TWO, LLC; ROJO THREE, LLC; JCTD, LLC First State Bank

Novi, MI

48375

$2,000,000

$8K

7(a)

Full-Service Restaurants

2010-07-14

TONY ANGELO CEMENT COMPANY First State Bank

Novi, MI

48374

$1,688,000

$21K

7(a)

"Highway, Street, and Bridge Construction"

2009-12-03

Sterling Die & Engineering, Inc First State Bank

Macomb Township, MI

48042

$1,500,000

$47K

7(a)

"Special Die and Tool, Die Set, Jig, and Fixture Manufacturing"

2011-02-16

Pahoa Express, Inc.First State Bank

Warren, MI

48092

$1,430,500

$72K

7(a)

"General Freight Trucking, Local"

2010-03-10

Twin Sisters, LLC First State Bank

Rochester, MI

48307

$1,300,000

$325K

7(a)

Lessors of Miniwarehouses and Self-Storage Units

2012-06-20

HABHAB PETROLEUM L.L.C. AND GRAND RIVER & POWER, INC.First State Bank

Farmington, MI

48336

$1,025,000

$171K

7(a)

Gasoline Stations with Convenience Stores

2010-09-21

DRJ Ladds Group, LLC First State Bank

Walled Lake, MI

48390

$1,022,000

$23K

7(a)

All Other Miscellaneous Manufacturing

2015-06-22

Kasco Inc.First State Bank

Royal Oak, MI

48067

$1,000,000

$9K

7(a)

Other Heavy and Civil Engineering Construction

2010-12-16

Rizzo Services First State Bank

Sterling Heights, MI

48313

$1,000,000

$8K

7(a)

Hazardous Waste Treatment and Disposal

2010-11-30

Mills Pharmacy & Apothecary LLC First State Bank

Birmingham, MI

48009

$965,300

$80K

7(a)

Pharmacies and Drug Stores

2010-02-19

Just Coffee Beans Oxford LLC First State Bank

Oxford, MI

48371

$842,000

$50K

7(a)

Snack and Nonalcoholic Beverage Bars

2025-03-26

Sterling Die & Engineering, Inc First State Bank

Macomb Township, MI

48042

$800,000

$25K

7(a)

"Special Die and Tool, Die Set, Jig, and Fixture Manufacturing"

2011-02-16

Architectural Door and Millwork Inc First State Bank

New Hudson, MI

48165

$800,000

$47K

7(a)

"Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers"

2011-04-28

Nothing Bundt Cakes 576 First State Bank

Allen Park, MI

48101

$765,000

$70K

7(a)

Baked Goods Stores

2024-05-02

Express Management, LLC First State Bank

Belleville, MI

48111

$725,000

$363K

7(a)

Lessors of Nonresidential Buildings (except Miniwarehouses)

2014-07-28

Fabtronic, Inc.First State Bank

Macomb, MI

48042

$720,000

$18K

7(a)

All Other Motor Vehicle Parts Manufacturing

2011-10-20

Tony Angelo Cement Company First State Bank

Novi, MI

48374

$700,000

$9K

7(a)

"Highway, Street, and Bridge Construction"

2010-12-20

ROYAL OAK GAS & GO INC.First State Bank

Royal Oak, MI

48067

$669,500

—

7(a)

Gasoline Stations with Convenience Stores

2013-03-28

CHARLES BOWERS (EPC)First State Bank

Warren, MI

48092

$650,000

$36K

7(a)

Other Miscellaneous Nondurable Goods Merchant Wholesalers

2010-11-10

Tecla Company, Inc First State Bank

Commerce Township, MI

48390

$650,000

$15K

7(a)

All Other Miscellaneous Manufacturing

2015-05-28

Michaels & Associates, Inc.

Grand Rapids, MI · 49512

$3,400,000

7(a)

First State Bank2012-08-27

Complete Prototype Services, Inc.

Clinton Township, MI · 48036

$3,346,900

7(a)

First State Bank$19K/job · 2024-01-06

First State Bank$26K/job · 2012-04-27

George Matick Chevrolet, Inc.

Redford, MI · 48239

$2,100,000

7(a)

First State Bank2013-04-12

Stor Your Stuf, Inc.

Washington, MI · 48095

$2,100,000

7(a)

First State Bank$2.1M/job · 2013-11-11

ROJO ONE LLC; ROJO TWO, LLC; ROJO THREE, LLC; JCTD, LLC

Novi, MI · 48375

$2,000,000

7(a)

First State Bank$8K/job · 2010-07-14

TONY ANGELO CEMENT COMPANY

Novi, MI · 48374

$1,688,000

7(a)

First State Bank$21K/job · 2009-12-03

Sterling Die & Engineering, Inc

Macomb Township, MI · 48042

$1,500,000

7(a)

First State Bank$47K/job · 2011-02-16

First State Bank$72K/job · 2010-03-10

Twin Sisters, LLC

Rochester, MI · 48307

$1,300,000

7(a)

First State Bank$325K/job · 2012-06-20

HABHAB PETROLEUM L.L.C. AND GRAND RIVER & POWER, INC.

Farmington, MI · 48336

$1,025,000

7(a)

First State Bank$171K/job · 2010-09-21

DRJ Ladds Group, LLC

Walled Lake, MI · 48390

$1,022,000

7(a)

First State Bank$23K/job · 2015-06-22

Kasco Inc.

Royal Oak, MI · 48067

$1,000,000

7(a)

First State Bank$9K/job · 2010-12-16

Rizzo Services

Sterling Heights, MI · 48313

$1,000,000

7(a)

First State Bank$8K/job · 2010-11-30

Mills Pharmacy & Apothecary LLC

Birmingham, MI · 48009

$965,300

7(a)

First State Bank$80K/job · 2010-02-19

Just Coffee Beans Oxford LLC

Oxford, MI · 48371

$842,000

7(a)

First State Bank$50K/job · 2025-03-26

Sterling Die & Engineering, Inc

Macomb Township, MI · 48042

$800,000

7(a)

First State Bank$25K/job · 2011-02-16

Architectural Door and Millwork Inc

New Hudson, MI · 48165

$800,000

7(a)

First State Bank$47K/job · 2011-04-28

Nothing Bundt Cakes 576

Allen Park, MI · 48101

$765,000

7(a)

First State Bank$70K/job · 2024-05-02

Express Management, LLC

Belleville, MI · 48111

$725,000

7(a)

First State Bank$363K/job · 2014-07-28

First State Bank$18K/job · 2011-10-20

Tony Angelo Cement Company

Novi, MI · 48374

$700,000

7(a)

First State Bank$9K/job · 2010-12-20

ROYAL OAK GAS & GO INC.

Royal Oak, MI · 48067

$669,500

7(a)

First State Bank2013-03-28

First State Bank$36K/job · 2010-11-10

Tecla Company, Inc

Commerce Township, MI · 48390

$650,000

7(a)

First State Bank$15K/job · 2015-05-28

1–25 of 124

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Where First State Bank lends

APPROVAL CONCENTRATION

TOP STATES

121