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Independent Bank
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Independent Bank — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Independent Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
367
2010 – 2025
Approved $
$194.0M
across all programs
Avg loan size
$528K
median $250K
Top industry
Full-Service Restaurants
13 loans · 4%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
367
Approved
$194.0M
Avg size
$528K
Range
$15K – $5.0M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
Full-Service Restaurants
13
Lessors of Nonresidential Buildings (except Miniwarehouses)
9
Offices of Lawyers
8
Offices of Physicians (except Mental Health Specialists)
8
"Highway, Street, and Bridge Construction"
7
Landscaping Services
7
Loan records · Independent Bank
367 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
CONTROL SYSTEM INTEGRATORS, INC.
Independent Bank
Lansing, MI
48917
$5,000,000
$2.5M
7(a)
Engineering Services
2025-06-24
Naperville Gf Swim School LLC
Independent Bank
Naperville, IL
60540
$4,809,000
$150K
7(a)
Fitness and Recreational Sports Centers
2023-04-14
Naperville School Property LLC
Independent Bank
Naperville, IL
60540
$4,492,000
$140K
7(a)
Fitness and Recreational Sports Centers
2023-11-24
Dearborn Racquet & Health Center LLC
Independent Bank
Dearborn, MI
48124
$3,800,000
$106K
7(a)
Fitness and Recreational Sports Centers
2026-02-25
Gage Consulting, LLC
Independent Bank
Rochester, MI
48306
$3,550,000
$131K
7(a)
Architectural Services
2026-01-28
Harmonic Equity Partners LLC
Independent Bank
Coopersville, MI
49404
$3,315,200
$28K
7(a)
Freight Transportation Arrangement
2024-08-06
Krol Communications Inc
Independent Bank
Owosso, MI
48867
$3,250,000
$69K
7(a)
Radio Networks
2015-07-15
RC Productions, Inc.
Independent Bank
Muskegon, MI
49441
$3,210,100
$71K
7(a)
Advertising Agencies
2011-04-26
Select Leasing, Inc.
Independent Bank
Sebewaing, MI
48759
$3,070,000
$38K
7(a)
"General Freight Trucking, Long-Distance, Truckload"
2017-11-24
Grand Haven RV Resort LLC
Independent Bank
Grand Haven, MI
49417
$3,000,000
$1.5M
7(a)
RV (Recreational Vehicle) Parks and Campgrounds
2025-07-18
Molding Solutions, Inc.
Independent Bank
Grand Haven, MI
49417
$2,960,000
$66K
7(a)
Industrial Mold Manufacturing
2016-02-22
Focus Business Solutions, Inc.
Independent Bank
Taylor, MI
48180
$2,912,300
$27K
7(a)
Other Management Consulting Services
2024-05-07
Moss Audio Corporation
Independent Bank
Grand Rapids, MI
49503
$2,620,000
$26K
7(a)
"All Other Professional, Scientific, and Technical Services"
2022-04-26
Secured Data Services
Independent Bank
Farmington, MI
48335
$2,500,000
$104K
7(a)
Custom Computer Programming Services
2016-06-24
Zervos Group, Inc.
Independent Bank
Southfield, MI
48034
$2,500,000
$109K
7(a)
Insurance Agencies and Brokerages
2025-02-28
Moss Audio Corporation
Independent Bank
Grand Rapids, MI
49503
$2,465,000
$39K
7(a)
"All Other Professional, Scientific, and Technical Services"
2019-03-13
Ranger Law, PLLC
Independent Bank
Grand Rapids, MI
49505
$2,316,200
$193K
7(a)
Offices of Lawyers
2025-05-28
Barron Industries Inc.
Independent Bank
Oxford, MI
48371
$2,300,000
$26K
7(a)
Steel Foundries (except Investment)
2014-08-01
Lakeshore Cranbrook Properties, LLC
Independent Bank
Wayne, MI
48211
$2,100,000
$8K
7(a)
Homes for the Elderly
2013-01-18
Select Leasing, Inc.
Independent Bank
Sebewaing, MI
48759
$2,100,000
$26K
7(a)
"General Freight Trucking, Long-Distance, Truckload"
2012-02-17
Leadhead Construction LLC
Independent Bank
Novi, MI
48377
$2,000,000
$167K
7(a)
Remediation Services
2024-12-06
Independent Machine Co., Inc.
Independent Bank
Escanaba, MI
49829
$2,000,000
$48K
7(a)
All Other Miscellaneous Fabricated Metal Product Manufacturing
2024-09-23
Circle C Properties LLC
Independent Bank
Sebewaing, MI
48759
$1,975,000
$658K
7(a)
"General Freight Trucking, Long-Distance, Truckload"
2016-12-08
Dewitt Marine, Inc.
Independent Bank
Bellaire, MI
49615
$1,900,000
$127K
7(a)
Marinas
2010-07-02
BHB Investment Holdings Moore LLC
Independent Bank
Moore, OK
73160
$1,889,000
$19K
7(a)
Educational Support Services
2024-09-06
CONTROL SYSTEM INTEGRATORS, INC.
Lansing, MI · 48917
$5,000,000
7(a)
Independent Bank
$2.5M/job · 2025-06-24
Naperville Gf Swim School LLC
Naperville, IL · 60540
$4,809,000
7(a)
Independent Bank
$150K/job · 2023-04-14
Naperville School Property LLC
Naperville, IL · 60540
$4,492,000
7(a)
Independent Bank
$140K/job · 2023-11-24
Dearborn Racquet & Health Center LLC
Dearborn, MI · 48124
$3,800,000
7(a)
Independent Bank
$106K/job · 2026-02-25
Gage Consulting, LLC
Rochester, MI · 48306
$3,550,000
7(a)
Independent Bank
$131K/job · 2026-01-28
Harmonic Equity Partners LLC
Coopersville, MI · 49404
$3,315,200
7(a)
Independent Bank
$28K/job · 2024-08-06
Krol Communications Inc
Owosso, MI · 48867
$3,250,000
7(a)
Independent Bank
$69K/job · 2015-07-15
RC Productions, Inc.
Muskegon, MI · 49441
$3,210,100
7(a)
Independent Bank
$71K/job · 2011-04-26
Select Leasing, Inc.
Sebewaing, MI · 48759
$3,070,000
7(a)
Independent Bank
$38K/job · 2017-11-24
Grand Haven RV Resort LLC
Grand Haven, MI · 49417
$3,000,000
7(a)
Independent Bank
$1.5M/job · 2025-07-18
Molding Solutions, Inc.
Grand Haven, MI · 49417
$2,960,000
7(a)
Independent Bank
$66K/job · 2016-02-22
Focus Business Solutions, Inc.
Taylor, MI · 48180
$2,912,300
7(a)
Independent Bank
$27K/job · 2024-05-07
Moss Audio Corporation
Grand Rapids, MI · 49503
$2,620,000
7(a)
Independent Bank
$26K/job · 2022-04-26
Secured Data Services
Farmington, MI · 48335
$2,500,000
7(a)
Independent Bank
$104K/job · 2016-06-24
Zervos Group, Inc.
Southfield, MI · 48034
$2,500,000
7(a)
Independent Bank
$109K/job · 2025-02-28
Moss Audio Corporation
Grand Rapids, MI · 49503
$2,465,000
7(a)
Independent Bank
$39K/job · 2019-03-13
Ranger Law, PLLC
Grand Rapids, MI · 49505
$2,316,200
7(a)
Independent Bank
$193K/job · 2025-05-28
Barron Industries Inc.
Oxford, MI · 48371
$2,300,000
7(a)
Independent Bank
$26K/job · 2014-08-01
Lakeshore Cranbrook Properties, LLC
Wayne, MI · 48211
$2,100,000
7(a)
Independent Bank
$8K/job · 2013-01-18
Select Leasing, Inc.
Sebewaing, MI · 48759
$2,100,000
7(a)
Independent Bank
$26K/job · 2012-02-17
Leadhead Construction LLC
Novi, MI · 48377
$2,000,000
7(a)
Independent Bank
$167K/job · 2024-12-06
Independent Machine Co., Inc.
Escanaba, MI · 49829
$2,000,000
7(a)
Independent Bank
$48K/job · 2024-09-23
Circle C Properties LLC
Sebewaing, MI · 48759
$1,975,000
7(a)
Independent Bank
$658K/job · 2016-12-08
Dewitt Marine, Inc.
Bellaire, MI · 49615
$1,900,000
7(a)
Independent Bank
$127K/job · 2010-07-02
BHB Investment Holdings Moore LLC
Moore, OK · 73160
$1,889,000
7(a)
Independent Bank
$19K/job · 2024-09-06
1–25 of 367
Page 1 of 15
Where Independent Bank lends
APPROVAL CONCENTRATION
TOP STATES
MI
362
IL
3
OK
1
TX
1