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MI Bank
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MI Bank, SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Mi Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
19
2010 – 2025
Approved $
$12.0M
across all programs
Avg loan size
$630K
median $329K
Top industry
Beauty Salons
4 loans · 21%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
19
Approved
$12.0M
Avg size
$630K
Range
$50K – $2.2M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–
Top industries funded
See all industries
Beauty Salons
4
Fitness and Recreational Sports Centers
3
Limited-Service Restaurants
2
Other Activities Related to Real Estate
2
All Other Health and Personal Care Retailers
1
All Other Personal Services
1
Loan records · MI Bank
19 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Princeton Swim School, LLC
MI Bank
Princeton, NJ
$2,205,000
$42K
7(a)
Fitness and Recreational Sports Centers
2023-02-02
Diversified Employment Services, Inc
MI Bank
Southfield, MI
48033
$2,008,000
$7K
7(a)
Employment Placement Agencies
2023-10-27
Lake Life Partners Van Dyke LLC
MI Bank
Sterling Heights, MI
48313
$1,263,000
$47K
7(a)
Limited-Service Restaurants
2022-07-22
Vartanian Medical, Pllc
MI Bank
Novi, MI
48375
$1,113,200
$186K
7(a)
Offices of Physicians (except Mental Health Specialists)
2021-09-23
JWH Property Management LLC
MI Bank
Beverly Hills, MI
48025
$980,000
$98K
7(a)
Residential Property Managers
2023-07-20
LHPH, LLC
MI Bank
Oxford, MI
48371
$700,000
$70K
7(a)
Fitness and Recreational Sports Centers
2023-08-25
JWH Company LLC
MI Bank
Royal Oak, MI
48073
$603,000
$46K
7(a)
Beauty Salons
2019-12-26
Real Property Management
MI Bank
Troy, MI
48084
$470,500
$59K
7(a)
Other Activities Related to Real Estate
2025-03-04
HSV AACB Ann Arbor1, LLC
MI Bank
Ann Arbor, MI
48103
$344,000
$86K
7(a)
Limited-Service Restaurants
2025-01-28
Color Fresh, LLC
MI Bank
Woodhaven, MI
48183
$329,100
$24K
7(a)
Beauty Salons
2021-07-30
Stepping Stones of Grosse Ile LLC
MI Bank
Grosse Ile, MI
48138
$325,200
$19K
7(a)
Child Day Care Services
2022-04-18
Color3, LLC
MI Bank
Ann Arbor, MI
48103
$325,000
$25K
7(a)
Beauty Salons
2020-10-28
Brio Product Group LLC
MI Bank
Davisburg, MI
48350
$300,000
$30K
7(a)
All Other Health and Personal Care Retailers
2022-09-27
Rochester Warriors LLC
MI Bank
Troy, MI
48083
$286,800
$14K
7(a)
Snack and Nonalcoholic Beverage Bars
2020-09-15
Lake Orion Boxing Club LLC
MI Bank
Lake Orion, MI
48359
$260,000
$52K
7(a)
Other Personal Care Services
2024-05-09
The Dragonfly Esthetics LLC
MI Bank
Sterling Heights, MI
48314
$162,000
$27K
7(a)
Beauty Salons
2024-07-03
Real Property Management
MI Bank
Troy, MI
48084
$150,000
$21K
7(a)
Other Activities Related to Real Estate
2025-03-06
Orangetheory Fitness
MI Bank
Oxford, MI
48371
$100,000
$13K
7(a)
Fitness and Recreational Sports Centers
2024-10-18
Move as a Human, LLC
MI Bank
Birmingham, MI
48009
$50,000
$7K
7(a)
All Other Personal Services
2024-11-01
Princeton Swim School, LLC
Princeton, NJ
$2,205,000
7(a)
MI Bank
$42K/job · 2023-02-02
Diversified Employment Services, Inc
Southfield, MI · 48033
$2,008,000
7(a)
MI Bank
$7K/job · 2023-10-27
Lake Life Partners Van Dyke LLC
Sterling Heights, MI · 48313
$1,263,000
7(a)
MI Bank
$47K/job · 2022-07-22
Vartanian Medical, Pllc
Novi, MI · 48375
$1,113,200
7(a)
MI Bank
$186K/job · 2021-09-23
JWH Property Management LLC
Beverly Hills, MI · 48025
$980,000
7(a)
MI Bank
$98K/job · 2023-07-20
LHPH, LLC
Oxford, MI · 48371
$700,000
7(a)
MI Bank
$70K/job · 2023-08-25
JWH Company LLC
Royal Oak, MI · 48073
$603,000
7(a)
MI Bank
$46K/job · 2019-12-26
Real Property Management
Troy, MI · 48084
$470,500
7(a)
MI Bank
$59K/job · 2025-03-04
HSV AACB Ann Arbor1, LLC
Ann Arbor, MI · 48103
$344,000
7(a)
MI Bank
$86K/job · 2025-01-28
Color Fresh, LLC
Woodhaven, MI · 48183
$329,100
7(a)
MI Bank
$24K/job · 2021-07-30
Stepping Stones of Grosse Ile LLC
Grosse Ile, MI · 48138
$325,200
7(a)
MI Bank
$19K/job · 2022-04-18
Color3, LLC
Ann Arbor, MI · 48103
$325,000
7(a)
MI Bank
$25K/job · 2020-10-28
Brio Product Group LLC
Davisburg, MI · 48350
$300,000
7(a)
MI Bank
$30K/job · 2022-09-27
Rochester Warriors LLC
Troy, MI · 48083
$286,800
7(a)
MI Bank
$14K/job · 2020-09-15
Lake Orion Boxing Club LLC
Lake Orion, MI · 48359
$260,000
7(a)
MI Bank
$52K/job · 2024-05-09
The Dragonfly Esthetics LLC
Sterling Heights, MI · 48314
$162,000
7(a)
MI Bank
$27K/job · 2024-07-03
Real Property Management
Troy, MI · 48084
$150,000
7(a)
MI Bank
$21K/job · 2025-03-06
Orangetheory Fitness
Oxford, MI · 48371
$100,000
7(a)
MI Bank
$13K/job · 2024-10-18
Move as a Human, LLC
Birmingham, MI · 48009
$50,000
7(a)
MI Bank
$7K/job · 2024-11-01
1–19 of 19
Page 1 of 1
Where MI Bank lends
APPROVAL CONCENTRATION
TOP STATES
MI
18
NJ
1